What Office Buildings Were Put Into Use in Bucharest in 2016 and What Will Follow in 2017

The office market is rich, and tenants now have where to choose from at the crossroads of the years. Only last year, class A and B office buildings were delivered, with a total area of 280.000 sqm, as all the previous three years (2012-2015). And in 2017, we estimate that office building with a total of 240.000 sqm will be delivered if the absorption rate will continue last year’s trend. 

In 2016, only in the center-north area, where the new business pole of the Capital took shape, the construction on 14 office buildings was completed in 10 distinct projects. 

Thus, in the first quarter of 2016, the office buildings were delivered:

In the center-west, came on the market and rented almost entirely Afi Business Center 4 & 5, with a total of 33.000 sqm, Plaza Mall Reconversion with an office area of 10.500 sqm and Sema Offices I, with 12.000 sqm.

In 2017, the new offices that will go on the market will cover several areas of the Capital. Large office buildings are under construction, in projects that will be delivered in several phases in the center-north and center-west regions, as well as in the downtown area and even in the center-south area.

The developers have announced that they will deliver in the center-north area, the following office buildings:

  • Globalworth Campus 1, with a total area of 25.000 sqm, in the first quarter,
  • Monolit Ploiești, with 5.000 sqm, in the Presei Libere area, also in the first quarter,
  • Calea Dorobanților with 5.305 sqm,
  • Oregon Park, phase C, with a total area of 24.000 sqm, in the third quarter,
  • Globalworth Campus 2, with an area of 25.000 sqm in the last quarter of the year.

In 2017, in the center-west area, are planned to be put into use the buildings The Bridge – Building A, with a surface of 36.200 sqm, Orhideea Tower, with a rentable office area of 36.900 sqm and Sema Offices, phase II, with 26.800 sqm.

In the downtown area, the Day Tower office building will be ready this year, with a total of 11.781 sqm. In the center-south area, the Timpuri Noi Square project will deliver office space with areas between 12.291 sqm and 20.062 sqm, in several phases. 

If you would like more information about the office spaces for rent in Bucharest, 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!

Alexandru Petrescu

Founding Managing Partner of ESOP Consulting | CORFAC International with 21 years of experience in real estate consulting and entrepreneurship.

0% Tenant fee!
500 - 4.920 sqm

Globalworth Campus Bucharest

Pompei, Bucharest
  • 12,50€/sqm, negotiable
0% Tenant fee!
1.200 sqm

The Landmark

Romana, Bucharest
  • Price on request!
0% Tenant fee!
500 - 3.460 sqm
  • 12,75 - 13€/sqm, negotiable
0% Tenant fee!
500 - 1.900 sqm

Metroffice Building A

Pompei, Bucharest
  • 12€/sqm, negotiable

Postari similare

Trends in the Industrial Spaces Market for the Year 2024

2024 promises to be a year full of challenges and opportunities in the industrial space and logistics industry. Companies in this field face several changes and disruptions, but at the same time, innovations and emerging technologies allow them to successfully navigate the ever-changing landscape. Here are some of the new trends that will shape the […]

Read more

Innovation in Digital Architecture: Redefines corporate office spaces

In the dynamic context of the B2B industry, a new paradigm in corporate architecture is emerging, transforming workspaces into true sanctuaries of innovation. From concrete to code, this remarkable evolution not only reflects the rapid pace of technology but also inspires collaboration and creativity in an unexpected way. In a landscape dominated by algorithms and […]

Read more

Here are the best areas in Bucharest to rent business spaces: offices and warehouses

Bucharest is not only the capital of the country, but also a pole of business and innovation. Choosing a suitable location for the office space or logistic warehouses for the development of your company’s activity can significantly influence the success of your business. Although the choice of the best area in Bucharest for renting business […]

Read more