Transactions with Office Space in S1 2013

TOP OF THE CITIES according to the volume of transactions with office space in S1

• Where do companies move their offices in 2013? In the first place is Bucharest, with 103,450 sqm, in the second place Sibiu and the third place, Cluj Napoca.
• In the first half of 2013, twice as many office spaces were traded outside Bucharest than in the whole of 2012.
• The city of Sibiu began to be sought after in 2011 and continues its rise from the pole and offices.

The balance sheet of office transactions in the country in S1 2013

Outside Bucharest, in the first half of 2013, 9,684 sqm were traded, most in Sibiu (3,900 sqm) and Cluj Napoca (3,500 sqm). Other transactions were made in Timisoara (1,284 sqm), Iasi (820 sqm) and Brasov (180 sqm).

“Cities in the country are becoming interesting during this period, especially for IT&C companies, in the context in which in Bucharest the competition for finding qualified employees is quite intense. The cities that are university centers are primarily targeted, where the skilled labor force is cheaper than in Bucharest “, declares Alexandru Petrescu, Managing Partner of ESOP Consulting | CORFAC International.

TOP ORASE 2013

• Bucharest – 103,450 sqm
• Sibiu – 3,900 sqm
• Cluj Napoca – 3,500 sqm
• Timisoara – 1,284 sqm
• Iasi – 820 sqm
• Brasov – 180 mp

EVOLUTION COMPARED TO PREVIOUS YEARS: 2013 is the best year for office rental, the sum of the spaces rented only in the first semester of 2013 far exceeding the area of ​​last year.

If before the crisis, companies preferred to have their headquarters or to operate almost exclusively in Bucharest, since 2010, the big cities have also started to be sought, especially for offices for IT companies or back office for consulting services.

In 2010, in Brasov, Cluj Napoca, Iasi, Ploiesti, and Timisoara, a total of 9,460 sq m of spaces were rented. The largest space was leased in Cluj Napoca, an area of ​​4,000 square meters by ING Insurance, but most transactions were made in Timisoara. A star client was the Amazon company, which chose a headquarters in Iasi, where it rented 1,400 sqm.

In 2011, the total volume of transactions outside the Capital increased slightly compared to 2010, to 10,572 sqm. Notable customers in 2011 included Cargill, Volksbank, and Amera. 2012 was a less productive year for renting office space in the country, outside of Bucharest. In total, only 4,958 sq m were rented, the cities sought being Sibiu, Timisoara and Cluj Napoca.