In the first quarter of 2021, two office buildings were completed in Bucharest, Campus 6.2 and Matei Millo Novotel Offices, with a total leasable area of 29,700sqm, both being part of multiphase projects. The Campus 6.2 building was fully pre-rented and furbished according to the tenants’ specifications and the building on Matei Millo was, at the time of delivery, 80% rented.
In Q1 2021, in Bucharest, was rented a total area of 52,000sqm of modern office spaces, out of which 32% was represented by the renewal of lease contracts in the current premises and 68% net take-up (newly contracted offices and expansions in the existing ones).
The most sought-after area was the Central-North one, with 73% of the companies’ preferences for renting new spaces.
The most active tenants were companies in the IT&Communication sector with 46% of the net take-up, followed by companies in the Financial Services and Construction&Real Estate sectors, each with 10% of the leased area.
In 20 were delivered 157,000 sqm office spaces in business centers in Bucharest. For 2021 is expected the completion of 290,000 of office space in business centers, and a roughly equal volume for 2022. Approximately 31% of the spaces due in 2021 are already pre-leased. Download the market research The Office Market at the beginning […]
An Esop Consulting office market study for Bucharest in the third quarter of 2020 the demand for modern office space in Bucharest was of 56,400 sqm 52% of the clients opted to renew the contracts in the current locations Download the ESOP_Office Market Snapshop_Q3 2020 Overview In the third quarter of 2020, Campus 6.3, an […]
An Esop Consulting office market study for Bucharest in the second quarter of 2020 the demand for modern office space in Bucharest was of 26,400 sqm 72% of the surface of office buildings completed in the second quarter is already rented Download ESOP_Office Market Snapshop_Q2 2020 Overview In the second quarter of 2020 four two […]