Office Demand in 2013

The balance sheet of the first three quarters of 2013: Demand for medium offices, plus 14%

In the first nine months of 2013, ESOP Consulting recorded a volume of 424,906 sq m of office requests from SMEs, 14% more than in the first three quarters of 2012.

And regarding the transactions at the level of the company ESOP Consulting, an increase in their number was obtained by 20% in the first nine months of 2013, compared to the same period in 2012.

“The year 2013 is marked by an intensification of relocation intentions. Although some of these will probably materialize in transactions in the first part of 2014, it is worth noting the higher degree of trust of managers in the prospects of their own companies and the resumption in many cases of business growth plans. Unlike the previous year, the reasons for the relocation are more and more often the need to expand the headquarters area and increase the comfort of the employees “, says Alexandru Petrescu, Managing Partner of ESOP Consulting | CORFAC International.

The structure and evolution of the demand for office space in the first nine months on budgets

On all budget segments, there were increases in the total volume of space required in the first nine months of this year, confirming the premise of a better year than the previous one on the office space market. Furthermore, most clients showed interest in office space with rates below 11 euro/sqm/month. More precisely, 54% of the total volume of requests registered during this period was on the budget segment of up to 11 EUR / sqm/month.

ESOP Consulting continues to consolidate its leading position in the medium-sized companies segment

In the first nine months, ESOP had 20% more transactions than in 2012, in the same period reaching 81 deals in 2013 compared to 67 in 2012.

“2013 is a more dynamic year. There is a positive tone among decision-makers in medium-sized companies. The large gap between supply and demand will be challenging to balance in the medium term, so we recommend office space owners to remain open, flexible, and look for constructive solutions, “said Alexandru Petrescu of ESOP.


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

*/ ?>