Home | Insights | Bucharest Office Marketbeat Q4 2024

Bucharest Office Marketbeat Q4 2024

The Q4 take-up totaled 106,800 sq. m, thus bringing the 2024 demand in Bucharest to 368,500 sq. m, which even though reflects a 20% drop compared with 2023, it is still the 3rd highest total ever recorded in Bucharest (after 2023 and 2019). The net take-up had a share of 44% in the 2024 demand (similar to 2023), as the overall vacancy rate in the city reached 14.2% at the end of the year (vs 14.7% in Q4 2023).

OTHER INSIGHTS

Bucharest Office Market 2026

The 2026 edition of the Bucharest Office Market report reflects a market that is gradually regaining equilibrium after a period of adjustment, demonstrating resilience in prime locations and a growing...

Read more

Romania & Bucharest Retail Guide 2026

Romania continues to stand out as one of CEE’s most dynamic retail markets. With 4.8 million sq. m of modern retail stock, strong expansion in secondary cities, and a clear shift towards retail parks,...

Read more

EMEA Office Fit-out Costs Guide 2026

Following a year of complex geopolitical dynamics and uneven economic performance, the EMEA Fit Out Cost Guide analyzes average fit out and reinstatement costs across 53 markets in Europe, the Middle ...

Read more