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Articles - office rents

Bucharest office market shows resilience: major companies lease 75,000+ sqm and vacancy hits 5-year low

According to Cushman & Wakefield despite an initial period of adjustment in 2025, Bucharest's office market demonstrated remarkable resilience. A strong showing from 11 prominent companies, including BCR, Deloitte, and Procter & Gamble, saw over 75,000 sqm of modern office space leased, driving the vacancy rate to a five-year low.

Bucharest runs out of office space as demand surges and rents rise

The Bucharest office market is experiencing an unprecedented surge in demand coupled with a severe shortage of new supply, leading to historic low vacancy rates and a noticeable increase in rental prices for prime locations. Recent transactions highlight a highly competitive environment for businesses seeking modern office spaces.

Bucharest office market shows resilience amid IT&C slowdown, supported by broad business demand

While Bucharest's modern office space demand has seen a recent dip, primarily due to global challenges affecting the IT&C sector, the overall market demonstrates remarkable resilience. Other business sectors continue to drive stable activity, indicating a strong underlying demand for quality office environments, according to Colliers Romania.

Bucharest office market sees demand dip in H1 2025, but stability and opportunities emerge

Despite a 28% decrease in office space demand in Bucharest during the first half of 2025, the market is showing strong signs of stabilization. With consistently decreasing vacancy rates and a positive outlook for future growth, Bucharest continues to be a dynamic hub for businesses seeking modern office solutions.

Rising office and warehouse rents in Romania in 2025: demand for premium, ESG-compliant spaces shapes the commercial real estate market

Businesses planning to secure office or warehouse space in Romania for 2025 should anticipate an upward trend in commercial rents. Driven by strong demand for premium, ESG-compliant properties and rising operational costs, the market is poised for increases across major sectors, particularly in prime locations.

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