The Office Market in Bucharest in the 1st Semester of 2025

104,350 sqm leased in Bucharest in S1 2025

Download The Office Market S1 2025_Snapshot

In S1 2025, modern office spaces with a total area of 104,350 sqm were rented in Bucharest.

Among those:

• (Pre) Leases and Expansions had a share of 53% (namely 55,600 sqm),
• Renewals and Renegotiations represented 47% of the volume of transactions (namely 48,750 sqm).

Downtrend vs S1 2024

Compared to the same period in 2024, there was a decrease in both the (Pre) Leases and Extensions segments – by 36%, and the Renewals segment, by 33%.

(Pre) Leases and Expansions, by AREA

The most sought-after area of ​​Bucharest was Center-North, with 63% of the preferences of companies that chose to relocate to new headquarters (respectively 34,560 sqm).

In second place was the Center-West area with 22% (respectively 12,250 sqm), the other areas adding up to 8%.

(Pre) Leases and Expansions, by Activity

The most active tenants in Bucharest in the first semester of 2025 were companies in the Services and Consumer Goods sector with 26% of the newly leased area, followed by companies in the IT&C, BPO, and SCC sector with 21% and the Financial sector, with 17% of the leased area.

Main Transactions in S1 2025

Company	Surface (sqm)	Activity	Building	Area
Transilvania Bank	4,800	Financial Services	Green Court	Central-North
Leroy Merlin	4,000	Consumer Goods	Floreasca Park	Central-North
Cris-Tim	2,800	Consumer Goods	Oregon Park	Central-North
NN	2,300	Financial Services	One Cotroceni Park	Central-West
Braze	2,200	IT&C, BPO, SSC	Oregon Park	Central-North

The office space Offer

No new office buildings were completed in S1 2025.

Although 2025 is expected to be a period of particularly low supply of new projects in Bucharest, companies considering relocating or expanding their offices have extensive space available in high-end office buildings already in use and with available office space.

Rent levels remained relatively stable, supported by limited demand and a low supply of new space.

ESOP’s portfolio includes, in addition to office buildings for rent in Bucharest, office spaces for sale in Bucharest, industrial parks and warehouses for rent, as well as office spaces for rent in the main cities of the country.

If you would like more information, please contact the ESOP team by filling this brief form, or by phone (+4) 0723.26.61.97 or (+4) 021.528.04.40. We’ll promptly answer your inquiry!