Office Buildings for Sale

Are being sought office buildings for sale of up to 5 million euros

I. DEMAND: Potential buyers are primarily looking for offices for their own use

In the last six months, there has been a 20% increase in the demand for the acquisition of spaces registered in the database of the company ESOP Consulting. Among the potential clients are companies in the medical field, in the IT&C and services sector. Most of the requests concern the acquisition of real estate with average surfaces, up to 4,000 sq m, and budgets of up to five million euros.

“At the moment, we are in advanced talks with two companies in the medical field that are looking to buy offices with budgets of 3-5 million euros. Otherwise, potential buyers are companies or individuals who are interested in smaller spaces of 100-300 sqm. In this segment, we even recently brokered a transaction “, says Alexandru Petrescu, manager of ESOP Consulting.

II. OFFER: Only some of the owners want to be known that they are selling

In October 2012, in Bucharest, 100 office centers and 124 villas with office space are for sale, according to the company’s database, ESOP Consulting. Of these, only some are public. For the rest of the buildings, the owners appealing to a discreet promotion.

“Many of these projects are put up for sale as part of the owners’ strategies to streamline property portfolios, such a transaction allowing the development or completion of another company project. It is an excellent time to buy because the number of available properties is more than double compared to 2008, and the prices are significantly more advantageous “, says Alexandru Petrescu, manager of ESOP Consulting.

Prices vary between 70,000 euros and 24,000,000 euros

The cheapest property that can serve as office space and can be bought immediately is a 63 sq m office, in the Sitraco complex in the Unirii area, for 70,000 euros. The most massive budget, of 24 million, is requested by the acquisition of a business center in the Alba Iulia area, with a total leasable area of ​​17,610 sq m. The most expensive office villa for sale costs 8,000,000 euros, is located in the Romana area and has an area of ​​2,700 square meters.

The sale price per square meter of office space is between 829 euro/sqm (a business center in the south of the Capital) and 5,000 euro/sqm (an ultra-central historic villa). Most offers – about 75% are between 1,250 euro / sqm and 2,100 euro / sqm.


Maria Neda

PR & Media Coordinator, PR & Media Consultant, with background as a journalist in the economic press and experience as a consultant in Urban Development.

Postari similare

Renegotiations pulled up the office space market in the third quarter


During the third quarter of 2020, which just ended, the office market rental reached 56,730 sqm, a transaction level closet o the one registered in the same quarter in 2019, namely 88% of that period, according to ESOP Consulting. For more than half of these spaces, tenants preferred to stay in the same office buildings, […]


Read more

The Large Office Transactions, of Over 10,000 Sq m, Were Made Only by Companies in the IT&C and Financial Fields, in 2019


Dividing the office market by the size of new traded spaces: the large office tenants dominated the market in 2019, in Bucharest, the segment of transactions with areas of over 10,000 sqm cumulating the most significant volume of new traded spaces 75% of the large tenants were in the IT&C field and 25% in the […]


Read more

What would be an improvement for office working conditions of 200,000 employees in Bucharest


In Bucharest, more than 200,000 employees work in office buildings built by private companies, which are more than 10 years old. Also, more than 250,000 employees are in office buildings inaugurated in the last 10 years, according to an analysis by the real estate company ESOP Consulting l CORFAC International. Tenants are looking for new […]


Read more

Join the discussion

*/ ?>