In 20 were delivered 157,000 sqm office spaces in business centers in Bucharest. For 2021 is expected the completion of 290,000 of office space in business centers, and a roughly equal volume for 2022. Approximately 31% of the spaces due in 2021 are already pre-leased. Download the market research The Office Market at the beginning […]
An Esop Consulting office market study for Bucharest in the third quarter of 2020 the demand for modern office space in Bucharest was of 56,400 sqm 52% of the clients opted to renew the contracts in the current locations Download the ESOP_Office Market Snapshop_Q3 2020 Overview In the third quarter of 2020, Campus 6.3, an […]
An Esop Consulting office market study for Bucharest in the second quarter of 2020 the demand for modern office space in Bucharest was of 26,400 sqm 72% of the surface of office buildings completed in the second quarter is already rented Download ESOP_Office Market Snapshop_Q2 2020 Overview In the second quarter of 2020 four two […]
Overview In the first quarter of 2020, four new office projects were completed In Bucharest, with a total GLA of 76,000 sqm, of which around 57% is already pre-rented. Download the Bucharest Office Market Snapshot in Q1 2020 Occupier focus In Q1 2020, the demand for modern office space in Bucharest was of 51,400 sqm. […]
In 2019, 295,000sqm of office space were delivered, increasing by 54% compared to the area delivered in 2018. For 2020, it is expected to complete more than 265,000 sqm of office space in business centers, while for 2021 a total volume of 386,000 sq m is announced. Approximately 52% of the spaces that will be […]
Overview In the third quarter of 2019, two new office projects were completed In Bucharest, with a total GLA of 59,000 sqm, of which around 78% is already pre-rented. The demand was high in other cities as well, 33% of the total net take-up being located in Cluj-Napoca, Timisoara and Iasi. Download the Office Market […]
Overview In the second quarter of 2019 five new office projects were completed, with a total GLA of 100,000 sqm, of which around 55% being already pre-rented. In this quarter some companies opted to maintain their current office space, the expansion and renewal transactions adding up to 39.000 sqm. Download The Office Market Snapshot-Q2 2019 […]
Overview In the first quarter of 2019, the total stock of office space in Bucharest exceeded 3 million sqm. In terms of new supply, three office projects were completed, with a total GLA of 92,000 sqm. Demand continued to be strong, with pre-letting activity accounting for 35% of the total volume transacted. Prime rents are […]
Upward trend of annual office deliveries – 55% increase in 2018 Of the 224,000 sq m to be delivered by the end of 2018, 84% will be delivered in the second half Over 75% of the spaces delivered in H1 2018 are pre-rented and also 57% of those with delivery in H2 2018 48% increase […]
The large offer of office space that will be delivered in the period 2018-2019, will lead to the increase of rental transactions. The market will remain dynamic in 2018, and the completion of the 243,000 sq m (of which over 102,000 offset from 2017) will boost the pace of trading. Mature companies and a large […]
