office transactions

The top of office buildings in Bucharest, according to the leased areas in the first 9 months of 2023


1. In the top of office buildings in Bucharest in 2023, U Center was the number 1 preference of companies for new office spaces, with lease transactions for 24,370 sq m being concluded here. U Center is a class A office project, located between two parks, Tineretului Park and Carol Park. The area is very […]


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The Bucharest Office Market Update S1 2023


In S1 2023, the total volume of transactions on the Bucharest office market reached 176,900 sqm. The most sought-after area in S1 2023 was the Central-North one, with 69% of the total (Pre)Lease & Expansions volume. The IT&C industry had clearly led the office market in S1 2023, with 35% of the newly leased areas. […]


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The Bucharest Office Market in the 1st Quarter of 2023


The distribution of the tenants according to their sector of activity was very balanced in this quarter. The most sought-after area was the Center-North, with 71% of the companies’ preference for renting new spaces. At the end of the first quarter of 2023 in Bucharest, three office buildings were completed, with a total leasable area […]


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The share of IT&C tenants in the Bucharest office space market at the end of 2022 and forecasts for 2023


In 2022, the most active companies were those in the field of IT&C, BPO, and SSC, with 23% of the total volume of transactions, followed by those in the field of Professional Services with 17%. Among the companies that rented office spaces with significant surfaces in 2022, we mention EveryMatrix, Cegeka, Softbinator Technologies, Expleo, Infineon, […]


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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, […]


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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 […]


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Bucharest Office Market Snapshot in the First Quarter of 2022


The year begins with a positive evolution in terms of the level of transactions, in the first quarter of 2022 being traded in Bucharest a total area 41% higher than in the same period of 2021. Download the ESOP study_Office Market Snapshot_Q1 2022 At the end of the first quarter of 2022 in Bucharest, five […]


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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 […]


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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 […]


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evolution 2018-2021

In Bucharest, in the First Nine Months of 2021, Were Rented Small Offices of up to 1,000 square meters


By the end of September 2021, were rented more office spaces with areas up to 1,000 square meters than in the same period in 2020 and even in 2019 or 2018, before the pandemic, according to an analysis by the real estate company ESOP, based on data centralized by major brokers in the office market. […]


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