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Articles - office market

Office market in Bucharest, over 3.3 million sqm

With the end of the year approaching, the impact of the COVID-19 crisis on the global and local economies has become clearer. Despite of the unprecedented situation we are in and the strong blow it dealt to the economy, the Romanian investment market has performed better in the first three quarters of 2020 than in the whole 12 months of 2019.

The future of global office demand – four key factors

Increased working from home doesn’t equate to less demand. A new JLL research identifies four key factors that will play a major role in shaping future office spaces.

The growth of the real estate market in Romania could be affected by the lack of predictability

Colliers International warns that the lack of predictability makes Romania less attractive for real estate investors.

The next ten years on the office market in Romania

Ten years ago, the financial crisis of particular severity brought countless countries into recession, including Romania. In the last decade, Romania's economy has undergone a number of changes, also marking significant progress, including in the real estate sector, whose prospects for the next 10 years offer an attractive risk / reward profile, according to the Colliers International real estate consultancy Romania.

Colliers: 10 Forecasts for the Romanian Real Estate Market In 2017

Romanian real estate market will register in 2017 an ascending trend, the growth of the office and industrial segments being mainly influenced by the expansion of the outsourcing companies and of the manufacturers, attracted by the specialized labour market, the economic conditions and the fiscal facilities granted by the Romanian state.

Romania is most attractive CEE market for office space investments, experts say

Romania is the most attractive market among Central and Eastern Europe (CEE) countries for investments in office spaces, real estate expert Mihai Paduroiu stated at Realty 2016 – Romanian Real Estate Market Forum.

Office market in 2015: Bucharest is up 4 positions in most expensive cities top

London stays the most expensive office market in the world, followed by Hong Kong and Beijing, while Moscow is out of Top 10, being replaced by Shanghai, according to a study conducted by CBRE, which places Bucharest on the 110th position from 126 markets, four places up compared to 2014.

Outsourcing companies span half of Romania’s office market in 2015

More than 50 percent of registered office sector transactions in 2015 were done by companies in outsourcing, a strong increase from the 27 percent registered in 2014, show data from a CBRE study.

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