2011, the year that brought players back to the negotiating table on the office market The year 2011 can probably be considered for the office market the year that brought the players back to the negotiating table. The year that, despite a timid increase in completed transactions (estimated to be at 5-8% compared to 2010), […]
by Maria Neda
The crisis has changed many rules in the office market. Still, probably the most significant impact has had on the spaces in the villa. If, in the segment of office buildings, there were substantial increases in the vacancy rate, from 2-3% before the crisis to 18-20% today, the office market in villas has had a […]
by Maria Neda
The owners of vacant office spaces lose 6 million Euros per month Over 595,000 sq m are available in 388 office buildings, according to a market analysis based on data from the ESOP offer portfolio, probably the most extensive portfolio of class A, B, and C office buildings, managed by a real estate broker in […]
by Maria Neda
The office market revived in the first quarter of 2011 The first quarter of 2011 marked an upward pace in many respects in terms of trading in the office market. The real estate consulting company, ESOP, specialized in office solutions for medium and large companies, rented in the first 3 months of the year 4,901 […]
by Maria Neda
The crisis is not the only reason for the spaces left unoccupied in the market The office market is facing the highest vacancy rate in the last 5-7 years. Over 390,000 sqm are available in the market, in approx. 320 office buildings. And yet, the economic crisis is not only responsible for this situation. However, […]
by Maria Neda
A new trend in the office market. Sublease Due to the new market conditions generated by the global economic and financial crisis, the companies’ first reaction was to “conserve resources” to overcome the crisis. That is why most companies have given up or postponed plans to expand their business. In this context, a series of […]
by Maria Neda
In the first part of the year, the early negative signals of the world economic crisis we are facing were felt. There was a visible contraction of the economy in all segments by decreasing demand. The office market also registered a substantial decrease in demand in all sectors. Compared to 2008, there is a decrease […]
by Maria Neda
Despite the high vacancy rate on all office segments (class A ~ 8-10%, class B and C ~ 12-14%, villas 25-30%), only 30% of owners are aware of the new market conditions and act accordingly. They make efforts to adapt their offers to follow the new realities of the market and not be left with […]
by Maria Neda
In the current context of the crisis, real estate developers are thinking of innovative solutions to ensure their maintenance on the market while limiting their business risk. Some developers, both office and residential (given that demand is declining), came up with the idea of building on demand and according to the needs of a customer. […]
by Maria Neda
Medium and large companies are looking for more flexible rental conditions The current economic context has led in the first 4 months of 2009 to a slowdown in the relocation process of medium and large companies. The companies that aimed to expand the activity on the Romanian market or to find a more representative headquarters […]
by Maria Neda
