Romania Market Update 2024
There was no office project delivered in Bucharest in Q1, while the 2024 pipeline only consists of one 15,000 sq. m building, as the present year will thus benefit from the lowest supply of new office spaces in the past 25 years. However, the Q1 2024 transactional activity was very consistent (91,100 sq. m), corresponding to a significant 63% y-o-y increase.
