According to Immpuls, up to eight components are included in relocation costs, with transportation being the smallest (maximum 2%) and the reconstruction and fit out works the biggest (up to 38%). The tenants could avoid these costs by asking the landlords a quality upgrade of their premises, which might also help the older buildings to stay in the rent circuit.

Other important costs adding to the relocation expenses are the costs regarding the bringing the left premises to their initial condition, usually part of the lease (9-14%) and the acquisition of furniture and new equipments (29-40%).

A substantial upgrade of the old building with functioning and quality issues starts from an average of EUR 50,000 – EUR 150,000 per floor, equivalent to the relocation costs of approx. 18-54 employees. The dynamics of relocations in new buildings, for a quality upgrade and smaller expenses affects the owners and the tenants in equal measure.

Both parties could benefit from a financial efficiency, if the landlords would invest in keeping their tenants, insuring at the same time a competitive advantage of the existing office buildings on the market, compared to new constructions”, has declared Tudor Popp, managing partner Immpuls Real Estate Solutions.

„In Romania, the most current qualitative aspects claimed by the employees are related to air conditioning (ventilation, fresh air, temperature) and noise, which can be improved without affecting the tenants’ current activity. Although, these main qualitative arguments are frequently neglected by the decision makers which favour the image, representation and/or cost reduction related aspects ”, added Tudor Popp.


According to the company, the most sensitive industry to relocation problems is currently the IT&C. With a continuous personnel request from the companies, the IT&C employees generally own a great pressure power, including in aspects related to relocation. The local market registered a series of cases when companies lost between 10% and 30% of the personnel when the relocation only took into consideration the cost efficiency aspects, neglecting for instance those of accessibility (common transportations means, effective transportation duration). (source: