“We estimate that in 2018 the demand will go side by side with deliveries of new office space and can be even 25-30% higher than in 2017 unless there are significant disturbances in the labor market and whether the IT&C and BPO sectors will not stop growing. Most future tenants will move to new spaces, […]
The Expozitiei Area is positioned between the poles Orhideea-Politehnică and Barbu Văcărescu-Aviației At the beginning of 2018, there is even closer proximity between the lower limits of rents in the main business poles of the Capital, where most new office buildings are concentrated. Five years ago, rents for new class A office space, from the […]
A real estate pole in full ascent The next three years (2018-2020) will bring a DOUBLE of class A office spaces for the office market in the CENTRAL WEST area (Grozavesti – Politehnica- Vasile Milea – Academiei-Tudor Vladimirescu). The residential segment is experiencing accelerated development in the west. If between 2014-2017 an average of 1.050 units/year were built, for […]
Out of a total of 700.000 sqm of office space scheduled to be delivered in 2017-2019, in Bucharest, about 390.000 sqm of class A spaces will be in office buildings that will have indoor gardens or green roof terraces. Investors are having a landscape integrated into the project, according to an ESOP l Corfac International […]
In the first nine months of 2017, in the top of real estate sales leads Bucharest, followed by Cluj County – in second place, Ilfov County – in the third place, Timiș county – on the fourth and Iași county on the fifth place. Most real estate sales were registered in Bucharest – 57.116, followed by the […]
Office buildings are becoming multifunctional. Timpuri Noi Square breaks the ice with a weekend fair, Dichisar. Young people enjoyed two days of fun, food & alternative shopping, where they meet with the foam of the new Romanian makers; good music, a real coffee and a lava cake with blueberries, as the organizers promised. ESOP Corfac […]
Most office tenants in the first half of 2017 chose Bucharest, making a total of 118 transactions, which summed up an area of 198.782 sqm. In second place is Timisoara, with 11 office transactions and four large office transactions in the third place, the Cluj-Napoca University Center. The capital remains the most important business center […]
Five major office projects are under construction in Orhideea – Politehnica area, The Bridge, Orhideea Towers, Campus 6, Business Garden Bucharest, and Sema Office II, totaling 254.550 sqm. Still, they are joined by seven large residential complexes, with over 1.600 apartments. In the future, residential projects will start with a total of over 2.000 homes. […]
The office market is rich, and tenants now have where to choose from at the crossroads of the years. Only last year, class A and B office buildings were delivered, with a total area of 280.000 sqm, as all the previous three years (2012-2015). And in 2017, we estimate that office building with a total […]
The balance of the last eight years, from 2008 to 2016, points out that the office space market has been a winner, despite the period of severe crisis in the first period, according to an analysis of Ziarului Financiar. Thus, the office market in Bucharest has grown by 125% in the last eight years, from […]
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