A New PUZ of District 4 City Hall Could Create a Future Pole of Offices

The mayor of District 4 in Bucharest Daniel Băluţă, told Ziarul Financiar that they are working on a PUZ (Zonal Urban Plan) for a vacant lot, which could be transformed into a new office pole.

„Calea Văcăreşti is an area with great potential for offices because it is close to the center and is connected to means of public transportation. Both the existing office projects in Piata Sudului, as well as future projects, are a way to modernize District 4”, said Daniel Baluta.

According to the same source, several applications for building permits are already submitted to the City Hall of District 4 for office towers in Piata Sudului and Tineretului areas.

In the ESOP Consulting database, we monitored 16 buildings that have office space for rent in the South of the Capital areas, in which offices with areas from 170 sqm to 28.482 sqm are available in existing buildings or under construction.

According to the offers from the ESOP database, the rents requested by the owners vary between 8 euro/sqm/month and 14 euro/sqm/month.

The latest office transaction in the South is announced by Mindspace, who rented an essential space in the City Offices building, announcing that it will arrange a modern co-working space.

If you would like more information about the office spaces for rent in the southern area of the capital, please contact the ESOP team by filling this brief form, or by phone (+4) 0723.26.61.97 or (+4) 021.528.04.40. We’ll promptly answer your inquiry!

Alexandru Petrescu

Founding Managing Partner of ESOP Consulting | CORFAC International with 20 years of experience in real estate consulting and entrepreneurship.

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