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Romanian Office Maintenance Costs See Sharpest Rise in Years

Maintenance costs for modern office buildings in Romania have increased by approximately 10% in the budgets allocated for 2025, the most pronounced increase in recent years, according to an analysis by Colliers, one of the largest office building management companies in the country. The largest increases were generated by costs for security, fire safety, cleaning and technical maintenance, largely influenced by the increase in the cost of labor, in a difficult market context.

CEE Political Shifts: What Bucharest & Warsaw Elections Mean for Office & Warehouse Space

Recent political developments in Central and Eastern Europe, specifically leadership changes in Bucharest and potential shifts in Poland, signal a move towards pro-EU, centrist governance. These changes, bringing former mayors known for specific urban development priorities to national prominence, could significantly influence the real estate markets in major CEE capitals, impacting businesses seeking office and warehouse space.

Romanian entrepreneur Daniel Ștefănescu buys IPA office building in northern Bucharest

A notable office building acquisition in northern Bucharest highlights ongoing activity in the market, even as recent data shows a decrease in overall take-up. Experts forecast a rebound in demand, signaling potential opportunities and challenges for businesses seeking space in the coming months.

CEE Office Market Q1 2025: Navigating Slowed Demand and Limited Supply

The office space demand slowed down in Q1 across Central and Eastern Europe (CEE), where less than 30,000 sq. m were delivered across the region, corresponding to the area of a medium – sized building, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

aSpace expands in Pipera amid growing demand for flexible office spaces

aSpace, one of the largest Romanian-owned operators of co-working spaces and serviced offices in Romania, is expanding its Global City Business Park office space in the north of the capital. The company currently owns 1,400 square meters of rentable space in this building, used by clients from industries such as IT, agriculture, professional services, transportation, automotive, etc.

One United Properties posts a consolidated turnover of 70.7 million euros and a gross profit of 22.6 million euros in Q1 2025

One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 70.7 million euros in Q1 2025 and a gross profit of 22.6 million euros, while the net profit for the three months stood at 19.3 million euros.

Schindler Romania Relocates Headquarters to Modern Business Garden Bucharest

Leading elevator and escalator manufacturer, Schindler Romania, has moved its central office to the state-of-the-art Business Garden Bucharest. This transaction, facilitated by real estate advisors CBRE Romania, highlights the continued demand for high-quality office space in the capital.

Leroy Merlin Leases 4,000 Sqm in Floreasca Park office building in Bucharest

DIY giant Leroy Merlin has secured a significant 4,000 sq. m office space lease in Floreasca Park, a move that underscores the continued attractiveness of the Floreasca – Barbu Vacarescu area, Bucharest's second-largest office hub, for major businesses. This deal, brokered by Cushman & Wakefield Echinox, highlights ongoing activity and demand for quality office environments in prime Bucharest locations.

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