ROMANIA INDUSTRIAL Q1 2023
The Bucharest office market could have a record year in terms of deliveries in 2019, provided that all the announced projects are finalized on time, a scenario in which modern office spaces with a total area of about 377,000 square meters will have been delivered in the capital city.
In the first half of the year, 128,000 square meters have been delivered, consisting of the Renault Bucharest Connected, The Mark, Oregon Park C, The Bridge II, Office 1 and Mihai Eminescu Offices projects.
In H1 2019, transactions totaling 196,000 square meters of office spaces have been closed, the largest ones involving Ericsson (16,000 sq. m at West Gate), eMag (15,000 sq. m at Swan Office Park), ING Tech (13,000 sq. m at Dacia One) and Allianz (9,000 sq. m at Globalworth Campus).