Marketbeat Bucharest Office Q3 2026

Bucharest recorded a gross take-up of 52,500 sq. m in Q3, bringing YTD take-up to 162,000 sq. m, an 18% decrease from the same period last year. Net take-up held a robust 66% share of YTD transaction volume (up from 52% at 9M 2025), while the citywide vacancy rate held flat at 11.6%. The city also saw its first office completion in two years, One Technology District (21,500 sq. m GLA, fully leased by Infineon Technologies), while the under-construction pipeline stands at 195,000 sq. m, due for completion by the end of H1 2028.