office building in Bucharest

The London Office Building in Sema Parc, Among the Few New Buildings Available in 2023


The London office building is part of the third development phase of the Sema Parc – Sema City project, a complex urban regeneration project, which will eventually have a total built area of ​​964,800 sqm. The office area will be 526,800 sqm, in three types of office buildings, City Buildings, large buildings located along the […]


Read more

Bucharest Office Market Update in the Beginning of 2023


107,000 sqm of office spaces delivered in 2022, 60% less than in 2021 and almost 50% less than the 5 years deliveries average Over 93% of spaces were delivered in the 1st Semester (approximately 100,000 sqm) 90% of the new spaces are in office buildings that are part of business parks For 2023 and 2024, […]


Read more

Which Office Buildings Will Be Delivered in Bucharest in 2023


For the year 2023, the delivery of only approx. 153,000 square meters of high-class office space. The pace of construction of office buildings has slowed down significantly in Bucharest in recent years, and 2022 was the first year in which this was visible. Some of the scheduled multiphase projects have postponed the development of the […]


Read more

Bucharest Office Market in the First Semester of 2022


The year 2022 has a positive evolution in terms of the level of transactions, in the first semester the total newly leased area in Bucharest is 41% higher than in the same period of 2021. Download the ESOP study_Office Market Snapshot_S1 2022 At the end of the first semester of 2022 in Bucharest, six office […]


Read more

Green Spaces Have Become the Most sought-after Amenities Offered by Business Parks


Even though the pandemic crisis has slowed the pace of construction of new office buildings, those delivered during the pandemic, or which are now under construction, have adapted to the new demands from tenants. As a result of the cessation of the state of alert starting with 09.03.2022 and the revocation of the restrictions for […]


Read more

Bucharest Office Market at the Beginning of 2022


New Deliveries in 2021: 263.000 sqm of office spaces in Bucharest, with 67% more than in 2020, and with 23% more than the last 5 years average deliveries Over 78% of the spaces got delivered within the second semester (approx. 207.000 sqm) New spaces had a more balanced distribution in terms of areas, compared to […]


Read more

Top Modern Office Areas at the End of 2021


The center-north pole has exceeded 1.5 million square meters, and the center-west area has less than half of this surface. Most modern A-class office spaces are located in the Central-North business hub (Aviatorilor, Floreasca, Expoziției), which has exceeded the 1,500,000 sqm threshold, according to the monitoring carried out by ESOP Consulting l CORFAC International. On […]


Read more

J8 Office Park is the Most Vibrant Office Building Delivered in 2021


J8 Office Park opens a new office area, near the Jiului metro station, in the northern part of the Capital, through the two office buildings inaugurated this year. The anchor tenant is a strong one, the game developer Ubisoft, which has moved to an area of ​​about 30,000 square meters, more than half of the […]


Read more

What Office Buildings Will Be Put into Use in 2022 and Where


In 2022, most office spaces will be put into use in the Cotroceni – Răzoare – Grozăvești areas. “In total, in 2022, we estimate that a total area of ​​162,087 sqm of class A office space will be delivered. Approx. 59% of these spaces will be delivered in the Center-West area of ​​the capital (94,723 […]


Read more

The Medical Field Has Surpassed the It&C Field as a Share Among the Tenants of Office Space in 2021, in Bucharest


The share of the medical field has grown from 3% of total office leases in 2019 to 10% in 2020, the first year of the pandemic, and has reached 23% at this current moment in 2021, according to monitoring by ESOP Consulting l CORFAC International. In addition, there is an increase in total demand from […]


Read more