In January-June 2021, Crosspoint Real Estate brokered five land transactions in the amount of EUR37 million and targets land transactions worth over EUR40 million until the end of 2021.
One of the transactions intermediated targeted a retailer, in Bucharest’s Colentina area, for a plot of land covering 5,000 square meters. “In the first six months of 2021, our team intermediated transactions worth over EUR37 million”, said Ionut Stan, Associate Director, Land Development Crosspoint Real Estate.
Land prices saw an upward trend year-over-year in the first half of 2021, increasing by nearly 10%, and are expected to go up by 10% in the second half of 2021 as well.