In Q1 2020, the demand for modern office space in Bucharest was of 51,400 sqm. Net take-up represented 73% of the total volume. The Central-West area was the preferred one, with 36% from the net take-up, followed by the Central-North area with almost 27% of the leased surface.
The most active occupiers were companies from the Technology and Telecommunications sector – 47% from the total take-up, followed by companies from Finance/Banking/Insurance and Transport & Cargo.
Main Transactions in Q1 2020
Main Projects to be delivered in 2020
By the end of 2020, over 200,000 sqm of modern office space is forecasted to be completed.
The map shows the rent levels by class in main business areas, in the first quarter of 2020. During the year some adjustments might take place.
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 […]