02.08.2023

2022 was a pretty good year for the Bucharest office market in terms of demand, given the generally difficult economic climate, with demand being comparable to the good times before the pandemic, more

01.25.2023

The office space market in capital city Bucharest went through a period of stagnation in 2022 and the demand for space stayed at the same level as in 2021, while deliveries of new space halved more

10.24.2022

Romania’s office market is going through a period of multiple challenges, reflecting economic uncertainty and inflationary pressures which discourage companies from expanding. Thus, the market’s more

07.27.2022

The Bucharest office space market returned to pre-pandemic levels, the industrial and logistics spaces reach new record highs and the investment market could reach its highest level in more than ten more

07.08.2022

The recovery of the Bucharest office space market continued in the first half of 2022 too, despite uncertainty and fears of an economic slowdown, according to real estate consulting firm Colliers. more

06.03.2022

The total lease volume on the Bucharest office market amounted to almost 65,000 square meters in the first quarter of 2022, similar to the level traded in the same period 2021, but higher by 10,000 more

01.26.2022

Companies operating in the financial, medical services, IT&C and retail sectors were the most active tenants on the office leasing market in capital Bucharest in 2021, in terms of the average more

01.19.2022

The total demand for modern office space increased by 23% in 2021 to 263,000 square meters, compared to the same period in 2020, Colliers data shows. more

05.06.2021

Leasing transactions on the Bucharest office market grew to 48,000 square meters in the first quarter, down 9% compared with the same period last year when the Covid-19 pandemic was in its early more

04.07.2021

The ongoing health crisis is reshaping companies' approach to streamlining costs giving rise to a subletting trend on the local office market, an analysis by real estate consultancy company JLL showed more

02.08.2021

Office space transactions in Bucharest marked a recovery in the fourth quarter of 2020, reaching 77,000 square meters, data from real estate consulting company Cushman & Wakefield Echinox showed more

02.08.2021

Around 240,000 square meters of office spaces were transacted in Bucharest in 2020, a similar level to 2015, as most companies postponed decisions and 60% of the total were relocations, real estate more

01.12.2021

The office market in Romania contracted 36% in 2002 from a record level of 470,000 square meters registered in 2019, to just 300,000 sqm, real estate consultancy company JLL Romania said in a report more

10.13.2020

Romania’s office space market, affected by the COVID-19 restrictions, was revived in the third quarter of 2020 by contract renegotiations and extensions, with the total volume of transactions more

08.20.2020

Companies in the IT&C sector were the active on the office space rental market in capital Bucharest, generating over 40% of demand in the first half of 2020, being followed by firms in the more

06.24.2020

Following the recent transformations for companies’ safe return to the office, the office space market will have to continue to redefine itself in the coming period, to provide spaces that promote more

04.16.2020

Nearly 70% of office owners and tenants expect the Covid-19 pandemic will affect their activity all year and estimate the first signs of recovery no sooner than 2021, according to a poll by Colliers more

03.09.2020

Office deliveries in Bucharest will amount to 200,000 square meters and will grow to an estimated 500,000 sqm in 2021, intensifying competition among developers and among developers and owners of more

11.01.2019

The modern office stock market in Bucharest could have a record year in 2019 in terms of deliveries, with over 300,000 square meters expected if all announced projects are completed in time. more

10.01.2019

Modern office stock in Bucharest will increase by more than 0.5 million sqm in 2019-2020 and market dynamics in this interval could generate variations of plus/minus 5% in the market values of office more

08.22.2019

Bucharest was the most dynamic office market among capital cities in Central and Eastern Europe in the first half of the year, with 185,000 square meters delivered, and 10% growth in total office more

08.20.2019

The Bucharest office market could have a record year in terms of deliveries in 2019 if all announced projects are finalized on time, totaling deliveries of about 377,000 square meters, real estate more

05.23.2019

The number and volume of projects under negotiation set the premises for a better year than 2018, and the volume of transactions could reach approximately EUR1.2 billion, real estate consultancy more

04.08.2019

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03.21.2019

The increasing interest in multifunctional real estate projects in Romania, as well as the development of the office space market outside capital city Bucharest are two of the most important trends on more