Where Do Big Companies Move Their Offices in Romania

Most office tenants in the first half of 2017 chose Bucharest, making a total of 118 transactions, which summed up an area of 198.782 sqm. In second place is Timisoara, with 11 office transactions and four large office transactions in the third place, the Cluj-Napoca University Center.

The capital remains the most important business center for investors and companies that want to develop business in Romania, where the office market is the strongest, ten times larger than the one in Timisoara, the second-largest market in Q1 2017. 

Among the big companies that have chosen Bucharest to rent a new office space are Renault, IBM, Oracle, Rompetrol, Harman, Kruk, Huawei, Impact Hub, Medicover, Wipro, P&G, Vox Pro, and Unilever.

Large office buildings, in development, are those that have attracted the most attention and have attracted tenants like Globalworth Tower (Bucharest One), Metroffice, Hermes Business Campus, The Bridge – Bldg A, Sky Tower, Timpuri Noi Square.

The second-largest office market is in Timisoara, a vital student center in Western Romania.

Of the 11 top tenants who traded office space, Nokia stands out, which pre-leased over 8,000 sqm, with the possibility of expansion, in the Bega Business Park project. With this new space, Nokia will move to a cumulative office area of about 20,000 sqm, some of the spaces being rented since 2015. Bega Business Park is a large office project under development, which in the end, will have over 70.000 sqm for rent.

Another significant office tenant from Timișoara is the IT&C company Atos, who traded 6,000 sqm in the Openville office project, which is still under construction. Along with Atos, Pwc, and Bitdefender also rented office space in Openville.

 

Openville Business Center in Timisoara is being built in the city center and will eventually have an area of offices for rent of over 110.000 sqm. Also, it is expected to be a city in the middle of the city, because it will be an integrated project, with a residential component – new apartments for sale or rent and commercial and service spaces inside the complex. 

If you want to move your headquarters to an office space in Timișoara, through the real estate consulting company ESOP, you can find solutions for renting or buying in 11 high-performance office buildings.

The third-largest city attracted the attention of large companies this year in Cluj-Napoca, located in the center of the country.

Four large office transactions took place here in the first six months of the year, the tenants being IBM, Telenav – which made two transactions, one for a contract extension and one for office space extension – and Steelcase. Office rented areas ranged from 500 to 3,000 sqm, and the winning buildings for new tenants are The Office, Maestro Business Center, and Liberty Technology.

A selection of office spaces for rent in Cluj-Napoca, you can find on the website of the real estate company ESOP Consulting!

If you would like more information about the office spaces for rent, 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!
Thumb
500 - 14.160 sqm

Metroffice Bucharest

Pompei, Bucharest
  • 12 - 13€/sqm, negotiable
0% Tenant fee!
Thumb
290 - 9.648 sqm

Sky Tower

Floreasca, Bucharest
  • 18,50€/sqm, negotiable
0% Tenant fee!
Thumb
500 - 3.460 sqm
  • 12,75 - 13€/sqm, negotiable
Thumb
sqm

,
  • Price on request!

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