ESOP

Which office building will be completed in Bucharest in 2027?

After a period during which the development of new office buildings in Bucharest was almost entirely put on hold, the market is showing clear signs of recovery. Several major developers have restarted projects or advanced into late construction stages, signaling a renewed interest in modern, efficient office spaces tailored to the evolving needs of tenants. […]

Which office buildings will be completed in Bucharest in 2026?

The year 2026 signals a revival in office space deliveries in Bucharest, bringing three new projects that will enrich the city’s supply of modern workspaces. These include ARC Project in the Central-West area, ONE Technology District in the Northern part of the city, and ONE Gallery in Floreasca area. All these buildings are Class A […]

Globalworth starts the construction of Green Court D

Bucharest’s office space market is receiving important news: Globalworth has started construction on Green Court D, the fourth building of the Green Court office campus in the Aurel Vlaicu – Floreasca area, one of the most dynamic business hubs in the city. The project marks the company’s return to investments in the office segment, at […]

AFI Central Tower: Conversion of the Former Bancorex Headquarters into a Class A Office and Retail Project

In the heart of Bucharest, at 15 Calea Victoriei, the former Bancorex headquarters, an emblematic building erected in the 1990s and known by many as the “Bancorex Block”, is getting a new life. AFI Europe’s plan is ambitious: a complete renovation that will transform the property into AFI Central Tower, a Class A office and […]

achiziția și dezvoltarea terenurilor cu destinație industrială

Investor’s Guide: Acquiring and Developing Industrial Land in the Bucharest-Ilfov Area and Major Romanian Cities

Why Invest in Industrial Land Today? Romania’s industrial and logistics market is reaching a stage of maturity, evolving from predominantly speculative developments to strategic projects tailored to end-user requirements. This guide is designed to provide a complete roadmap, covering all critical stages in the acquisition and development of industrial land, with a focus on large […]

Investor’s Guide to Purchasing an Office Building in Romania

After two decades spent guiding investors and end users through the complexities of Romania’s office real estate market, we can say with certainty that purchasing an office building is never a simple transaction. It is a multi-layered process, filled with unique challenges and nuanced decision points. Over the years, we have seen how the Bucharest […]

cladirea de birouri Promenada Office Tower, extinderea Mall-ului Promenada

Promenada Office Tower Construction Progressing Rapidly

Construction works on Promenada Office Tower, the newest office development in NEPI Rockcastle’s portfolio, are advancing at a fast pace, with the building structure already reaching levels 5-6. The project is part of the Promenada complex expansion, one of the largest mixed-use developments in Romania, which will bring together a shopping mall, offices, a hotel, […]

Investor’s Guide to Purchasing Industrial Space in Romania

Investment Framework and Local Market Specifics Romania’s commercial real estate market, particularly the industrial and logistics segments, is undergoing a period of accelerated expansion. Market dynamics are shaped by several key factors, including active investments by major players in regional hubs and an increasing focus on sustainability and ESG (Environmental, Social, and Governance) criteria. This […]

The Office Market in Bucharest in the 3rd Quarter of 2025

56,210 sqm leased in Bucharest in Q3 2025 In Q3 2025, modern office spaces with a total area of 56,210 sqm were rented in Bucharest. Among those: ▪ (Pre) Leases and Expansions had a share of 55% (namely 30,823 sqm), ▪Renewals and Renegotiations represented 45% of the volume of transactions (namely 25,387 sqm). Download the […]

by Mirela Raicu
10 October 2025
Real Estate Reports

Polarization of Bucharest Office Leasing Market Intensifies: Two-Thirds of New Demand Concentrated in the North

The Bucharest office leasing market demonstrated remarkable resilience in Q3 2025, marked by a pronounced polarization of demand toward premium hubs and a shift in sectoral hierarchy, according to an analysis by ESOP Consulting. The total gross transaction volume in Q3 2025 (including both new leases and renegotiations) reached 56,210 sqm. Newly leased spaces (New […]