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WHAT OCCUPIERS WANT: GLOBAL SURVEY RESULTS 2023

KEY TAKEAWAYS FROM THE 2023 SURVEY:

• Cost and talent—cost pressure is the #1 challenge for companies across the globe
• Communal office space for sparking creativity and innovation—targeted space has doubled from pre-pandemic levels, from 20%-30% to 40%-50%
• Finding talent beyond the city limits—26% of occupiers are recruiting from anywhere in the world
• Footprint reduction—nearly two-thirds of occupiers (63%) plan to reduce real estate footprint in the next two years
• The importance of ESG—with a dramatic jump, from #8 to #5, ESG rose in importance as a key driver of real estate decisions
• Making an impact with flexible work—employees report a better workplace experience when given autonomy to work when and where they want

OTHER INSIGHTS

Romanian Retail Marketbeat Q1 2026

A single retail project was completed in Q1 in Romania, namely M Park Titan in Bucharest, an 8,500 sq. m GLA retail park developed by M Core. However, the new supply is expected to pick up on the shor...

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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 to...

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Romanian Industrial Marketbeat Q1 2026

At the end of the Q1, the total stock of industrial & logistics spaces in Romania surpassed the 8 million sq. m threshold. Developers completed approximately 115,000 sq. m of new projects across t...

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