With the opening of our Bucharest office and active projects now live in Romania, InRento is establishing a presence in one of Europe's structurally underpenetrated real estate markets — extending the same underwriting discipline that has driven consistent performance across Lithuania, Poland, Finland, Italy, Latvia, Ireland, and Spain.
Entering the Romanian market
Romania is a large, 19-million-person EU economy with a rapidly growing urban landscape. Yet, despite its economic size, there is a significant disparity between economic activity and the supply of modern commercial space.
We are stepping in to fill a critical gap left by traditional European banks, capitalising on three primary market inefficiencies:
- Slow banking processes. Developers in Romania can wait months for financing decisions, while refurbishment and value-add projects are often more difficult to finance through local banks, as they do not fit neatly within standard banking financing frameworks. As a result, developers often face limited options beyond traditional banks or very expensive private capital, creating an underserved financing segment.
- Structural supply shortage. Despite continued real estate development, modern mixed-use, retail-led and value-add projects remain underrepresented in Romania, particularly in prime or high-traffic locations. This creates opportunities for InRento to finance projects backed by robust demand and a clear repositioning potential.
- The Non-Eurozone premium. Romania is an EU member state that maintains its independent monetary policy and a distinct risk-return policy. Combined with lower market liquidity and a less developed alternative financing market, this can create a wider yield premium for private capital investing in quality commercial assets.
Our Romanian strategy is explicitly anchored in adaptive reuse. Rather than financing high-risk, ground-up developments, we finance the transformation of existing buildings into modern urban spaces. This reduces development risk while creating the commercial infrastructure that Romania's cities critically need.
To execute this safely, we have built a dedicated local team in Bucharest, combining senior real estate finance and banking, with a strong understanding of collateral structures and deal execution. This ensures that every investment opportunity is sourced, evaluated, and managed with deep local expertise, maintaining the strict underwriting standards you expect from a regulated European platform.
Our Expanding Romanian Portfolio
Our market entry is defined by two highly distinct, asset-backed opportunities that perfectly illustrate our adaptive reuse strategy.
1. Z128, Brașov (Regional Retail Hub)
Located in an established district of Brașov, this built-to-rent project involves transforming an existing structure into a fully leased, mixed-use commercial complex.
Developed by Quantum Plus Development SRL— a local firm backed by 15 years of industry experience within the SVN Romania network.
Long-term lease agreements are already secured with Supeco (part of the global Carrefour Group) and 18Gym (a leading Romanian fitness network). Accordingly, the project delivers a total expected return of 11.25% to 12.5% p.a. (combining 9.75%11% p.a. fixed monthly interest with 1.5% p.a. capital gains at maturity).
2. C19, Bucharest (Premium Office Conversion)
Situated at one of the most prestigious addresses in the Romanian capital - Lascar Catargiu Boulevard - this project aims to convert two interconnected buildings into a premium, income-generating office asset. The property sits in the heart of Bucharest's central business district, an area that consistently commands the highest real estate values in the country due to strong corporate and diplomatic demand.
Partnering with Prime Capital Invest S.R.L., a developer with a proven local track record, this asset-backed opportunity generates a total return of 10.75% to 12% p.a. (combining 9.5% – 10.5% p.a. fixed monthly interest with 1.5% p.a. capital gains at maturity).
Our Long-Term Vision
The landscape of real estate financing in Romania is evolving. While traditional banks remain important partners, their slow credit processes and strict selectivity have opened a clear space for alternative capital.
Establishing our local presence in Bucharest was just step one. Through our local team, we aim to combine InRento’s proven investment platform with senior real estate finance. Our goal is to become a leading non-bank real estate financing partner in Romania , driving the development of essential commercial, retail, and residential infrastructure across the country. This expansion highlights InRento's strategic focus on geographical diversification, emphasising the importance of spreading investments across different markets to responsibly manage risk.
With over EUR 10 million in profit already paid out to our investors across Europe, our rigorous underwriting approach is proven, and it is exactly what we are bringing to Romania.
