"Prices for apartments grew in Bucharest by about 10-15% in total, and in the areas that have grown as office hubs, the increase was 15%, but new residential projects also appeared on the market. Thus, in addition to a 15% increase (5% higher than in other areas), new residential projects have been absorbed into the market over the past 2-3 years as a result of increased staff appetite in newly-developed office buildings. Each newly-developed office area has brought at least one residential building project with at least 200 units / project", said Raluca Buciuc, director of valuation services and hospitality advisory services at Colliers International Romania.
Beyond housing, those who work in office buildings need a wide range of services in the vicinity of the workplace, which is why the more people in an area, the more chances are new businesses to develop. (source: zf.ro)
