For the next two years, we estimate a greater dynamics of transactions on the office market, in the context of deliveries of new spaces at historical quotas, of approx. 400,000 in 2016, respectively 250,000 sqm in 2017. The high quality of these projects, as well as their more balanced distribution in the sub-markets in Bucharest, […]
In 2014 Total Leasing Activity (which includes both Take-up and transactions for Premises Renewal), was maintained at a relatively constant level, recording even a slight increase (by 4%). Structurally, there has been a significant modification within it, namely an increase in the percentage of Take-up, which in 2014 represented 76% of the Leasing Activity, and […]
I. Overview The first semester of 2014 has brought a significant increase in the Total Leasing Activity (indicator including both Take‐Up and Renewals), reaching 132,009 sqm, i.e. 27% higher than the similar period of the previous year. The Total Leasing Activity volume in S1 2014 occupies the 2nd position, within the past 5 years, compared […]
Probably the most remarkable aspect is the fact that, in 2013, the Total Leasing Activity (including both Take-up and Renewal & Renegotiation) was slightly revitalized, this trend being also anticipated by the increase of the relocation intentions in 2012. Thus, the Total Leasing Activity exceeded 293,000 sqm, i.e. 23% higher than the previous year, and […]
Office Transactions at the End of the First Semester of 2013 During the first semester of 2013, the Take‐up on the Bucharest market (including leases in existing buildings, pre‐leases and expansions) amounted to 66,089sqm, from a total number of 107 transactions. In addition to these, contract Renewal transactions amounted to 37,361sqm (17 transactions). Download The […]
MAIN TRENDS AT 2012 YEAREND / BEGINNING OF 2013 The first semester of 2012 was more dynamic than the first semester of the previous year, being characterized by a higher level of optimism on the office market of midsize companies, whose reaction to the market trends is quicker. The second semester of 2012 registered a […]
MAIN TRENDS FOR THE MEDIUM‐SIZED COMPANIES OFFICE MARKET Increased demand for the medium‐sized companies market in the first six months of 2012; ESOP registered in its data base an increase by 50,4% compared to S1 2011. The office space stock remains high (782 spaces available for rent in business centers and villas in ESOP’s portfolio, […]
