SUBLEASE OPPORTUNITY

Fully Fitted & Furnished Office Space Available for Sublease in AFI Park Floreasca Sublease a ready-to-use office space in a top A-class business campus located in northern Bucharest – offering modern...

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Rethinking European Offices 2030

We see an acceleration in the risks of offices becoming obsolete. By 2030 we estimate over 170 million sq. m of office stock is at risk of becoming obsolete in sixteen European cities. This is equival...

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Bucharest Office Marketbeat Q3 2024

A take-up of 93,700 sq. m was recorded in Q3 in Bucharest, thus bringing the YTD total to 261,700 sq. m, a level 25% below Q1 – Q3 2023, an expected decrease in a context where not a single building w...

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Bucharest Office Marketbeat Q2 2024

There was no office project delivered in Bucharest in H1 2024, yet the leasing activity was strong, with 168,000 sq. m being transacted in the capital city in Q1 (91,100 sq. m) and Q2 (76,900 sq. m), ...

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Bucharest Office Marketbeat Q1 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...

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EMEA Office Fit Out Cost Guide 2024

The need to innovate and evolve has not diminished. Having set ambitious Environmental, Social and Governance (ESG) targets, companies are now taking action to meet those targets. For the key markets ...

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ROMANIA OFFICE MARKET REGIONAL CITIES 2024

m was the modern office stock in the main regional cities at the end of 2023. The office take-up recorded in 2023 was 37,400 sq. m

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BUCHAREST OFFICE MARKET 2024

The modern office stock in Bucharest at the end of 2023 was 3.42 mil. sq. m. 463,200 sq. m was the total office take-up recorded in Bucharest last year.

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ROMANIA OFFICE Q4 2023

Arghezi 4 (8,000 sq. m GLA) was the only office project delivered in Bucharest in Q4, thus bringing the total 2023 new supply to 110,500 sq. m, the lowest level since 2015. However, the Q4 2023 transa...

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BUCHAREST OFFICE Q3 2023

The Q3 new supply consisted of the 2nd building of the U – Center office project (32,500 sq. m GLA) developed by Forte Partners in the Center submarket, with the 2023 YTD new deliveries totaling 102,5...

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BUCHAREST OFFICE Q2 2023

The Q2 new supply consisted of the 2nd building of the @EXPO project (28,000 sq. m GLA) developed by the Atenor Group in the Expozitiei submarket, thus bringing the H1 total to 70,000 sq. m, while the...

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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...

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BUCHAREST OFFICE Q1 2023

The y-o-y inflation rate reached 14.9% in Q1 2023 in Romania, a level which remains relatively high, but prices have been on a downward trend since the beginning of the year and the forecasts are now ...

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OFFICE MARKET REGIONAL CITIES 2023

Developers announced the construction of more than 275,000 sq. m of new office projects in the major regional cities – Cluj-Napoca, Timisoara, Iasi and Brasov, and therefore the modern office stock sh...

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BUCHAREST OFFICE MARKET 2022

Around 500,000 sq. m of office spaces are unoccupied in Bucharest, reflecting a vacancy rate of 15.2%, the highest availability being reported in the Pipera North, Center-West and Floreasca – Barbu Va...

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BUCHAREST OFFICE Q4 2022

The Q4 2022 office supply in Bucharest consisted of the 2nd building of the Equilibrium project (19,900 sq. m GLA) developed by Skanska in the Floreasca – Barbu Vacarescu submarket, thus bringing the ...

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BUCHAREST OFFICE Q3 2022

The prime headline rent in Bucharest continued to increase in Q3 2022, reaching a level of around €19.50/ sq. m/month in the CBD area, with further increases expected in other submarkets in the follow...

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BUCHAREST OFFICE Q2 2022

The prime headline rent in Bucharest has seen a small increase in Q2 2022 to a level of around €19.00/ sq. m/month in the CBD area, a trend which is also expected in other high profile submarkets...

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BUCHAREST OFFICE MARKETBEAT Q1 2022

The Q1 2022 new supply has been consistent, with three new deliveries in Bucharest, consisting of an extension of the Sema Parc project, namely the London & Oslo buildings (31,500 sq. m GLA in total),...

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ROMANIA OFFICE MARKETBEAT Q4 2021

In Q4 2021, there have been two new office buildings delivered in Bucharest, namely the first phase of the One Cotroceni Park mixed-use project (46,000 sq. m GLA) and Miro Offices (22,900 sq. m G...

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BACK TO THE OFFICE

Romanian employees who had to work more from home in the last 18 months due to the COVID-19 pandemic want to return to the office, given that more than half of them associate coming back to the office...

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CUSHMAN & WAKEFIELD ESG 2021 REPORT

Cushman & Wakefield strives for continuous improvement in order to make a meaningful contribution to a sustainable future. We envision a world of healthy, sustainable buildings that put the wellb...

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BUCHAREST OFFICE MARKETBEAT Q1 2021

The total leasing activity in Bucharest was of 48,000 sq. m in Q1 2021, with net take-up (excluding renewals) having a robust share of 71%. Compared to Q1 2020, when Covid-19 pandemic was in early sta...

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BUCHAREST OFFICE MARKETBEAT Q4 2020

The modern office stock of Bucharest almost reached the 3 million sq. m threshold (excluding owner occupier buildings and approximately 3.1 million sq. m including those as well), while the vacancy ra...

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