Bucharest Office Market Q1 2026

The Q1 2026 total office take – up in Bucharest was of only 49,100 sq. m, the lowest level since Q1 2021, marking a 4% y-o-y decrease. However, the net take – up had an 83% share in the total transaction volume, by far the highest in the post – pandemic era, bringing down the overall vacancy rate to 12.0% (vs 13.6% in Q1 2025).