Bucharest, August 2026: Bucharest’s office market continues to strengthen its fundamentals, supported by a recovery in occupier demand driven by new lease transactions and expansions, against a backdrop of limited new supply. Net take-up accounted for 73% of the total leasing activity in H1 2026, up from 53% during the same period of 2025, highlighting a shift in corporate strategies as companies resume growth ...

Bucharest, July 2026: Romania’s commercial real estate sector accounts for 54% of the loans granted to non-financial companies and recorded a 15% annual increase in financing, while the non-performing loan (NPL) ratio, which stands at 6.2%, remains below the levels reported for certain segments considered more exposed to risk, according to an analysis performed by the Cushman & Wakefield Echinox real estate consultancy company based ...

Bucharest, 2026: The Cushman & Wakefield Echinox real estate consultancy company advised Equans, an international group within Bouygues Group, on the lease of 1,600 sq m of office space in One Cotroceni Park, one of Bucharest’s most important mixed-use developments. The transaction marks Equans’ official entry into the Romanian market, alongside the launch of an IT hub in Bucharest, which will operate as a ...

Bucharest, June 2026: Foundever, a global leader in customer experience (CX) solutions, has expanded its office space in Bucharest to 3,500 sq m, doubling its footprint within the Campus 6.3 office building, as part of its continued growth in the Romanian market. Cushman & Wakefield Echinox advised the company on the expansion transaction, having also been involved in the initial lease that marked Foundever’s ...

Bucharest, June 2026: Companies looking to lease coworking spaces in Romania can now assess the best options available on the market based on a broader set of criteria, including economic efficiency, workplace quality, and technical specifications, as outlined in ”The Executive Guide to Choosing a Coworking Space, developed by Beyond Space in partnership with Cushman & Wakefield Echinox. The guide serves as a strategic ...

Bucharest, May 2026: The Bucharest office market is showing early signs of recovery, driven by a visible increase in pre – lease transactions, highlighting a renewed occupier appetite for future office spaces. As tenants secure their leases well in advance, the current development pipeline exceeding 215,600 sq. m, the highest level in recent years, is expected to be gradually absorbed, according to data from ...

Bucharest, April 2026: Cushman & Wakefield Echinox has advised Global AI, a leading provider of enterprise artificial intelligence (AI) and next-generation agentic platforms, on the lease of approximately 600 sq m of office space in Tower Center International, marking the company’s entering the Romanian market. The new Bucharest office will support Global AI’s growing European operations and reflects the company’s strategy to be closer ...

Bucharest, April 2026: Lagardère Travel Retail, Romania’s travel retail market leader, has extended its lease for the 2,300 sq. m headquarters in Globalworth Campus within the Dimitrie Pompeiu office submarket in Bucharest. Cushman & Wakefield Echinox advised the tenant in the renegotiation process, through its Office Agency team led by Monica Vasile, Director, Office Agency, and Alin Obretin, Senior Consultant, Office Agency. With more ...

Bucharest, April 2026: The average total office fit-out costs in Bucharest slightly increased in 2025 to €1,077/ sq. m, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the EMEA Fit-Out Cost Guide 2026. However, Bucharest remains one of the most affordable markets in Central and Eastern Europe, with fit-out costs 18% and 15% lower than in Warsaw ...

Bucharest, March 2026: Artificial intelligence is starting to have a visible impact on the real estate market, influencing not only how buildings are operated, but also the criteria by which they are valued, leased and transacted. From offices and retail spaces to logistics and urban development, AI is accelerating a structural transition in which flexibility, infrastructure and adaptability are becoming key drivers, according to ...

Bucharest, March 2026: The modern office stock in Romania’s main regional cities – Cluj – Napoca, Timisoara, Iasi and Brasov – currently stands at approximately 1.08 million sq. m, while no office project has been delivered in these markets over the past two years, according to “Romania Office Report” released by the Cushman & Wakefield Echinox real estate consultancy company. As a result, the ...

Bucharest, July 2026: The first half of 2026 recorded a total investment activity of €211.1 million, marking a 46% decrease compared to the same period last year. However, following the completion of AFI Europe’s acquisition of a portfolio of six retail parks from MAS Real Estate and several smaller transactions, during the first seven months of the year, the total investment volume has already ...

Bucharest, October 2021: 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 with “the return to normality” and experience a lack of socializing with their colleagues, according to the “Back to the Office” study conducted ...

Demand shows signs of recoveryThe 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 stages, demand recorded an 8.6% decrease, thus showing some initial signs of recovery. Bucharest Office Marketbeat_Q1 2021

The reality of an effective vaccine and the prospect of widespread vaccinations has sparked hopes for 2021 and speculation about recovery. Cushman & Wakefield Research has identified nine signs to watch, signals that could indicate the CRE market and the global economy are transitioning to a recovery phase. Discover them downloading the study.

The “Back to office: An office employees survey” outlines how the employees managed to adapt to the new working conditions, with the advantages and disadvantages of the new work from home or from the office experience. Employees will migrate towards a hybrid working environment, therefore office developers will have to adapt their projects to the new work-frame. The October 2020 Edition is the result ...

Bucharest, June 2021: The real estate consulting company Cushman & Wakefield Echinox advised the Lion’s Head group, the owners of the Oregon Park business center in Bucharest, on the DEKRA Trusted Facility audit and certification process, which represents a confirmation that the safety measures against the spread of Covid-19 taken by the Oregon Park owners are properly implemented and in accordance with international standards ...

Bucharest, May 2021: The volume of leasing transactions on the Bucharest office market increased in the first quarter of 2021 to 48,000 square meters, a 9% decrease from the similar period of the previous year, when the Covid-19 pandemic was still on its onset in Europe, reveals the research data of the real estate consulting company Cushman & Wakefield Echinox. However, compared to the ...

Bucharest, April 2021: The real estate consultancy company Cushman & Wakefield Echinox has advised the real estate development company River Development, one of the most experienced domestic developers, in the selling of The Light One office building in Bucharest to the Austrian group Uniqa in the largest real estate transaction in Romania of the year to date. Completed in 2019 and with a leasable ...

Bucharest, April 2021: Cushman & Wakefield Echinox expands its business consultancy services, to assist customers and partners in obtaining international LEED, WELL and BREEAM certificates, both for existing and pipeline office, retail or industrial-logistical buildings. In Bucharest, over 60% of the modern stock of office spaces consists of green certified buildings, given that most of the projects developed in the last 5-7 years have ...

Bucharest, April 2021: Mendeleev Office 5 office building, developed by Akcent Development in the center of the Capital and managed by the Asset Services team of Cushman & Wakefield Echinox, has attracted two new tenants, reaching an occupancy rate of 70%. The new tenants are OTOTO Store, a coffee store and shop that sells a wide range of independent brands that include specialty coffee, ...

Bucharest, February 2021: The demand for office spaces in Bucharest will increase by 20-30% this year, given that a significant part of the major tenants have exceeded expectations and are actively evaluating the options for space optimization, according to Cushman & Wakefield Echinox consultants. During 2020, the transactional volume decreased by 40%, up to 237,000 square meters, amid the Covid-19 pandemic that caused most ...

Bucharest, February 2021: In the last quarter of 2020, in Bucharest there were transactions of office spaces with a total area of ​​77,000 square meters, the highest quarterly value of the year, thus bringing the annual volume of transactions to approximately 237,000 meters squares, according to the real estate consulting company Cushman & Wakefield Echinox. Compared to the previous year, the transactional office area ...

Bucharest, January 2021: In 2020, the total volume invested in real estate assets in Romania reached €914 million, a 28% increase compared 2019, illustrating the overall resiliency of the Romanian investment market during the Covid-19 pandemic, according to the Romania Investment Marketbeat launched by Cushman & Wakefield Echinox real estate consultancy firm. The most active segment was by far the Office sector, with estimated ...

Bucharest, January 2021: The real estate consulting company Cushman & Wakefield Echinox has been appointed to manage Floreasca Park office project located in the Floreasca – Barbu Văcărescu area in the north of Bucharest, the largest business hub in the Capital. Cushman & Wakefield Echinox will have responsibilities in the management of the daily administrative-operational activity within the project, through a team of specialists ...

Bucharest, December 2020: The real estate consulting company Cushman & Wakefield Echinox has been appointed to manage the Ţiriac Tower office building, one of the emblematic buildings situated in the business center of Bucharest (Central Business District), starting with October. As a result, Cushman & Wakefield Echinox will be responsible of the management of daily administrative-operational activity within the project, through a team of ...

Bucharest, December 2020: The occupancy costs of office spaces represent, on average, between 3 and 4% of the turnover of services companies in Bucharest, and they may fall even below 2%, in some cases, according to an analysis of the real estate consultancy company Cushman & Wakefield Echinox. The analysis takes into account the results from 2019 achieved by companies in various fields, such ...