Demand remains consistent The demand for industrial and logistics spaces remained consistent in Q1 2022, with a total leasing activity of over 300,000 sq. m, reflecting a 50% increase when compared with Q1 2021, thus maintaining the positive trend observed [...]
According to the Bucharest Office Market report, only 3 out of the Bucharest’s 11 office sub-markets will benefit from new projects this year, namely Center-West, Center and Expoziției, the new supply amounting to 136,800 square meters. Download the report Bucharest-Office-Market_2021.pdf
The demand for industrial and logistics spaces reached a new record level in Q4 2021, with a total leasing activity of 441,000 sq. m, up 46% when compared with Q3 2021 and slightly higher compared with the same period [...]
In Q4 2021, six modern retail projects have been completed, with a total GLA of around 69,000 sq. m, bringing the overall new supply in 2021 to approximately 100,000 sq. m GLA. The most important deliveries were Prahova Value [...]
In Q4 2021, there have been two new office buildings delivered in Bucharest, namely the first phase of the One Cotroceni Park mixed-use project (46,000 sq. m GLA) and Miro Offices (22,900 sq. m GLA), thus bringing the total [...]
The volume invested in real estate assets in Romania, Poland and Slovakia increased in 2021, while the Czech and Hungarian markets witnessed a downturn when compared with 2020. At regional level, the total transacted volume reached 9.98 billion euros, [...]
Romanian employees who had to work more from home in the last 18 months due to the COVID-19 pandemic want to return to the office, given that more than half of them associate coming back to the office with [...]
Demand remained solid The demand for Logistics spaces remained solid in Q2 2021, with a total leasing activity of 160,000 sq. m, reflecting a 20% decrease both q-o-q and y-o-y. However, the gross take-up reached 360,300 sq. m during H1 [...]
Romanian economy posted solid numbers in Q1 2021 Q1 2021 produced a surprising q-o-q growth of 2.9%, as a yearly GDP increase in the 5-7% range is now being estimated by both government and analysts. This evolution continues the positive [...]
Demand shows signs of recovery The total leasing activity in Bucharest was of 48,000 sq. m in Q1 2021, with net take-up (excluding renewals) having a robust share of 71%. Compared to Q1 2020, when Covid-19 pandemic was in [...]
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