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Articles - vacancy

Take-up on the office and industrial market in Romania will remain on a positive trend this year

On the office market, Bucharest has a net take-up potential (including new contracts and expansions) much higher than in 2015, with companies in the fields of IT, BPO/SSC and professional services being on top of the total expected take-up.

Improving Economies to Drive Falling Vacancy and Rising Rents in European Office Markets in Next Five Years

Europe’s prime office market vacancy rate is expected to fall back to its 2009 level by the end of 2016 and then to continue declining over the rest of the decade, according to global real estate advisor, CBRE. In Europe’s major cities, office development is not keeping pace with growing demand driven by improving employment trends and almost all key office markets are expected to show falling vacancy rates and accelerated rental growth over the next five years.

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