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Articles - stocul de birouri

Small cities present expansion options for office space market

Bucharest is leader on the office space market, followed closely by the main University centres (Cluj-Napoca, Timisoara, Iasi). Still, there’s unexplored territory in secondary university centres like Brasov, Craiova, Sibiu, Galati, says an ESOP study.

Romanian real estate market overview: increase in investors’ interest

The real estate market re-entered on an ascending trend, more and more investors being interested in Romania. For the second half of the year, the consultants expect transactions exceeding EUR 800 million, as well as the return of the inactive investors on the market.

Real estate market in Romania, biggest yields in the region

Joseph Houlihan, the president of the Managing Committee of European Property Federation, an organization headquartered in Brussels which includes real estate players with a total portfolio of EUR 1,500 billion, says that the real estate market in Romania is growing, attracting more and more the developers and investors due to the yields offered.

Business Review: Demand for office space outside Bucharest to reach record level in 2015

Some 100,000 sqm of office space is expected to be delivered this year outside Bucharest, double the level reported last year, say consultants. IT and outsourcing companies remain the main growth engines behind this, but for how long will regional office markets in cities like Timisoara, Cluj-Napoca and Iasi be able to maintain their momentum?

Bucharest’s modern office stock goes slightly up to 2.2 mln sqm

The modern office stock in Romania’s capital Bucharest reached 2.2 million sqm in the first quarter of 2015, up 2% compared to the previous quarter.

Bucharest has the smallest office stock in the region, but the best occupancy rate

Bucharest has the smallest office stock compared to the large capitals in Central and Eastern Europe, of only 2.2 million sq m, half of Warsaw, according to a study made by the real estate consultant DTZ.

Office stock in Bucharest outgrows demand

Developers announce new office projects in a fast, speculative pace, but the demand in Bucharest will most likely be constant in the coming years.

JLL: The level of rents on the office market remains the same in 2015

In 4Q 2014, four office buildings were delivered: Green Court Building A, AFI Park 3, Ethos House and Bratianu Business Center, which added together an area slightly exceeding 41,000 sq. m of A and B class office space to the total stock, according to a study made by JLL, which also stated that the level of rents would not change this year.

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