Office building, offices for rent finder: office for rent, serviced offices, office buildings for sale.

Trading activity in the office market slowed in the third quarter of this year, mirroring trends from 2021-2022. Total demand for modern leased office space in Bucharest dropped by 25% to 236,000 square meters compared to the same period in 2023. New lease demand reached 82,000 square meters, reflecting an 11% decrease year-on-year, according to Colliers data.

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, has sold long leasehold properties, part of its portfolio of commercial projects, worth EUR 52.4 million in the last 18 months. The total GLA (gross lettable area) of these properties is 20,851 sqm (GLA) and the transactions have achieved an average yield of 6.64%.

Global Vision, a leader in the Central and Eastern European real estate and energy sectors, proudly announces the development of its new AI-powered ESG platform. The platform, designed to enhance sustainability, operational efficiency, and responsible governance across its real estate and energy portfolio, was officially announced at a major business event in New York which highlighted emerging technologies shaping the future of real estate development.

In the first nine months of 2024, the transacted office space in Cluj-Napoca increased by 153% compared to the entire rented space in 2023. By the end of the year, it is estimated that the total volume of rentals will be three times higher compared to the previous year, according to an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

ESOP Consulting is a reference company on the real estate market in Romania, being among the top 10 consulting companies in the office and industrial space segment, offering real estate consulting services for various types of properties, including offices, industrial properties and land. We spoke with Alexandru Petrescu, Managing Partner ESOP Consulting | CORFAC International, to learn in detail the ingredients of a successful local business in the field of premium real estate consulting, but also for a lesson in organization, vision and business clarity, useful for any real estate entrepreneur, as wel as for any company that has, at some point given, interference with the real estate market (whether it is the rent of a premises or the management of its own assets). And last but not least, to turn a page in the modern history of the real estate market in Romania.

Hotspot Skyhub, the second professional Hotspot hub, located in Orhideea Towers, will open in the last quarter of 2022. We spoke to Tudor Popp, Founding Partner, about the challenges of this project and the details of the investment.