In these conditions, she added that currently it is difficult to “honour” a request for 5,000 sq. m, despite the fact that in Bucharest there are approx. 300,000 sq. m vacant office spaces. Most of the vacant offices are in unattractive areas in the outskirts of the city, the rest of the stock being fragmented within the buildings in the search areas.


„The request is double compared to the deliveries rate each year. This year the level of deliveries in Bucharest will remain stable, at approx. 100,000 sq. m “, has declared Păun, which expects 2015 to be even better than the precedent year, when Bucharest has succeeded in attracting more multinational companies offices.


„2014 was a better year regarding new request on the office market. There are new investors. Last year Deutsche Bank has stabilized on the market. Not to forget about Deutsche Telekom; then there were very many service centres, such as DB Schenker’s ,IT and technology companies, but as well from other industries, such as the case of the American company Federal Mogul.“


 Moreover, the consultant showed, in 2014 the average rented area has increased considerably, form 1,000 sq. m to 2,000 – 2,500 sq. m, while another encouraging factor was represented by the rents stabilization to a level of EUR 11-13/sq. m in Pipera area, EUR 14-16/sq. m in Barbu Văcărescu - Floreasca area and Western Bucharest, while peaks of EUR 16-18 /sq. m could be reached in Piaţa Victoriei or Piaţa Charles de Gaulle. „We are talking about the same rents for 2-3 years“, added Păun. (source: