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Articles - office rentals

Griffes Secures 25% of Regional Office Leases in 2025, Highlighting Romania's Growing Hubs

Leading real estate consultancy Griffes has announced its significant role in Romania's regional office market, mediating approximately one-quarter of all office space leases in key cities during 2025. This achievement underscores the robust growth and increasing appeal of regional business hubs for companies seeking expansion or new opportunities.

Mindspace Romania's 80% Occupancy in 2025 Highlights Strong Demand for Flexible Office Solutions

Flexible workspace provider Mindspace Romania celebrated a robust 2025, maintaining an impressive 80% average occupancy rate across its prominent Bucharest locations. This strong performance underscores a growing trend among businesses seeking adaptable and efficient office environments that cater to evolving operational needs.

Timisoara, the only city with growth in the office rental market in 2025

At the national level, in the five major cities with developed office markets – Bucharest, Timisoara, Cluj-Napoca, Iasi, and Brasov – the total volume of leased office space in the first six months of the year was 145,360 square meters, down by 29.2% compared to the same period in 2024, according to a report by Fortim Trusted Advisors, an alliance member of the BNP Paribas Real Estate.

World's largest jewellery brand moves its Romanian office to Business Garden Bucharest

Vastint Romania, part of the VASTINT Group, an international company with over 35 years of experience in the real estate field, has concluded a new lease agreement with Pandora, world's largest jewellery brand, who is relocating its office to Business Garden Bucharest. The rental transaction was facilitated by CBRE Romania.

Ipsos moves its office to Business Garden Bucharest

Vastint Romania, part of the VASTINT Group, an international company with over 35 years of experience in the real estate field, has concluded a new lease agreement in Building A of 2,321 sqm with Ipsos Interactive Services, one of the largest market research and opinion polling companies, who is relocating its headquarters to Business Garden Bucharest. The rental transaction was facilitated by Griffes.

In 2025, the Office Centre in Timisoara was ranked First in a List of Regional Office Cities Outside the Capital

In the first three months of 2025, companies rented 63% of all office spaces transacted outside the capital in Timisoara, a volume larger than the entire last year in this city, according to a report by Fortim Trusted Advisors, an alliance member of the BNP Paribas Real Estate. Second place goes to the university city of Cluj-Napoca with 25%, and third place to Iasi with 12%.

Bucharest Business Garden Welcomes IKEA Planning Studio, Highlighting Commercial Real Estate Trends

IKEA's new Planning and Ordering Studio in Bucharest's Business Garden complex signifies evolving demands for commercial space, particularly within thriving business park environments.

Bucharest Office Market Shifts: NN Downsizes Space by 40% Amidst Hybrid Work Trend

NN, a major company in Bucharest, has currently annouced the relocation of its offices and significantly reduced its leased space, mirroring a broader trend in the commercial real estate market driven partly by the adoption of hybrid work models. This move highlights the evolving needs of businesses for physical office footprints.

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