Net take-up generated 73% of Bucharest’s office demand in H1, while vacancy rate fell to a five-year low
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Bucharest, August 2026: Bucharest’s office market continues to strengthen its fundamentals, supported by a recovery in occupier demand driven by new lease transactions and expansions, against a backdrop of limited new supply. Net take-up accounted for 73% of the total leasing activity in H1 2026, up from 53% during the same period of 2025, highlighting … Continued
Romania’s real estate investment market returns to growth despite a slower start to the year
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Bucharest, July 2026: The first half of 2026 recorded a total investment activity of €211.1 million, marking a 46% decrease compared to the same period last year. However, following the completion of AFI Europe’s acquisition of a portfolio of six retail parks from MAS Real Estate and several smaller transactions, during the first seven months … Continued
Commercial real estate financing increased by 15%, with the sector accounting for 54% of the loans granted to non-financial companies
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Bucharest, July 2026: Romania’s commercial real estate sector accounts for 54% of the loans granted to non-financial companies and recorded a 15% annual increase in financing, while the non-performing loan (NPL) ratio, which stands at 6.2%, remains below the levels reported for certain segments considered more exposed to risk, according to an analysis performed by the … Continued
Cushman & Wakefield Echinox advised Foundever on the expansion of its office space in Bucharest to 3,500 sq m, doubling its footprint
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Bucharest, June 2026: Foundever, a global leader in customer experience (CX) solutions, has expanded its office space in Bucharest to 3,500 sq m, doubling its footprint within the Campus 6.3 office building, as part of its continued growth in the Romanian market. Cushman & Wakefield Echinox advised the company on the expansion transaction, having also … Continued
Cushman & Wakefield Echinox advised Equans on its entry into the Romanian market through the lease of 1,600 sq m of office space in One Cotroceni Park
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Bucharest, 2026: The Cushman & Wakefield Echinox real estate consultancy company advised Equans, an international group within Bouygues Group, on the lease of 1,600 sq m of office space in One Cotroceni Park, one of Bucharest’s most important mixed-use developments. The transaction marks Equans’ official entry into the Romanian market, alongside the launch of an … Continued
Price no longer enough: new guide reshapes how companies choose coworking spaces
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Bucharest, June 2026: Companies looking to lease coworking spaces in Romania can now assess the best options available on the market based on a broader set of criteria, including economic efficiency, workplace quality, and technical specifications, as outlined in ”The Executive Guide to Choosing a Coworking Space, developed by Beyond Space in partnership with Cushman … Continued
Pre – lease transactions gain momentum on the Bucharest office market, supporting the absorption of record pipeline
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Bucharest, May 2026: The Bucharest office market is showing early signs of recovery, driven by a visible increase in pre – lease transactions, highlighting a renewed occupier appetite for future office spaces. As tenants secure their leases well in advance, the current development pipeline exceeding 215,600 sq. m, the highest level in recent years, is … Continued
Global AI company enters Romania market
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Bucharest, April 2026: Cushman & Wakefield Echinox has advised Global AI, a leading provider of enterprise artificial intelligence (AI) and next-generation agentic platforms, on the lease of approximately 600 sq m of office space in Tower Center International, marking the company’s entering the Romanian market. The new Bucharest office will support Global AI’s growing European … Continued
Companies in Bucharest spend on average more than €10,000/ employee for the office fit-out, 15-18% less than in Warsaw and Prague
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Bucharest, April 2026: The average total office fit-out costs in Bucharest slightly increased in 2025 to €1,077/ sq. m, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the EMEA Fit-Out Cost Guide 2026. However, Bucharest remains one of the most affordable markets in Central and Eastern Europe, with … Continued
CW Echinox advised Lagardère Travel Retail in the renegotiation of its lease for the 2,300 sq. m headquarters in Globalworth Campus
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Bucharest, April 2026: Lagardère Travel Retail, Romania’s travel retail market leader, has extended its lease for the 2,300 sq. m headquarters in Globalworth Campus within the Dimitrie Pompeiu office submarket in Bucharest. Cushman & Wakefield Echinox advised the tenant in the renegotiation process, through its Office Agency team led by Monica Vasile, Director, Office Agency, … Continued
The office stock in Romania’s regional cities has doubled over the past decade, yet still lags considerably behind Poland
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Bucharest, March 2026: The modern office stock in Romania’s main regional cities – Cluj – Napoca, Timisoara, Iasi and Brasov – currently stands at approximately 1.08 million sq. m, while no office project has been delivered in these markets over the past two years, according to “Romania Office Report” released by the Cushman & Wakefield … Continued
AI is redefining how buildings and cities are perceived, with direct implications for Romania’s real estate market
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Bucharest, March 2026: Artificial intelligence is starting to have a visible impact on the real estate market, influencing not only how buildings are operated, but also the criteria by which they are valued, leased and transacted. From offices and retail spaces to logistics and urban development, AI is accelerating a structural transition in which flexibility, … Continued
OFFICE FIT-OUT COSTS INCREASED BY UP TO 30% IN 2022, BUT THEY STILL REMAIN THE LOWEST IN THE REGION
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Bucharest, March 2023: The average office fit-out costs increased by around 20-30% in 2022, due to rising prices, supply chain disruptions, higher commodities and materials’ costs, but also as a result of the increased labor costs. Therefore, companies incurred average expenses of €820 per sq. m of office space, according to data from the Cushman … Continued
