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Articles

Zen Offices - the newest trend preferred by employees in Romania

For 55% of Romanians, the ideal office should be "zen" and offer flexible, diverse, and easily customizable options. In 2025, employees are increasingly concerned with balancing their work and personal lives, and the office remains a central element in this regard. The ideal office should be "zen," according to a survey conducted among 1,175 respondents nationwide by Genesis Property, one of the most important office building owners in Romania. At the same time, 23% of respondents prefer a highly digitized and tech-integrated office that simplifies their work, while 15% consider the ideal work model to be a "nomadic" office that allows them to work from anywhere.

Office Fit-Out Costs in Bucharest increased by 12% in 2024, but remain among the most competitive in the CEE

The average office fit-out costs in Bucharest increased by 12% in 2024 compared with the previous year, surpassing the €1,000/ sq. m threshold. This evolution aligns with regional trends, as most capital cities have seen cost increases ranging between 8-15%, according to data from the Cushman & Wakefield Echinox real estate consultancy company, based on the Fit-Out Cost Guide 2025.

Colliers: Lower pace for office deliveries in Bucharest - 2024 marks the lowest level in the last 20 years

2024 marks the lowest office deliveries in Bucharest in the last 20 years, according to Colliers. Colliers consultants anticipate that company expansions will be fewer and more selective compared to the pre-pandemic period. In this context, new demand could see a slight decline in 2025. The only mixed-use office project set to enter the market in 2025 is One Gallery, developed by One United, offering 6,500 square meters of space, which is already fully leased.

CBRE Romania Facilitates Office Relocation for Printec Group to Floreasca Park

CBRE Romania has successfully brokered the relocation of Printec Group—one of the leading providers of business-to-customer transaction technology solutions in Central and Eastern Europe—to a new office space in Floreasca Park.

Labor and construction costs, the main challenges for real estate developers in Romania and Central Europe

Construction labor cost and availability become the main concern of real estate developers in Central Europe in 2025 (26%), surpassing project financing, the dominant issue in recent years, followed by construction costs (20%) and plot acquisition for future developments (18%), according to Deloitte 2025 Real Estate Confidence Survey for Central Europe, conducted in several countries in the region, including Romania. On the other hand, almost 60% of participants in the study expect an increase in the value of real estate transactions in the near future, with the level of optimism ranging from 64% in the Czech Republic to 24% in Romania.

Vastint Romania signs lease with ÖBB Rail Cargo Group for Business Garden Bucharest offices

Vastint Romania has secured a new lease with ÖBB Rail Cargo Group, Europe’s leading rail logistics company, for approximately 600 m² of office space in C building of Business Garden Bucharest.

Cushman & Wakefield Echinox: Over 1 million square meters of new office space leased across Romania in the last 5 years

IT companies, manufacturing & industry, and the medical & pharma sectors, have been the most active in the office leasing market over the past 5 years, generating more than half of the new demand for office spaces, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Colliers: Land continues to be a strategic investment despite the uncertainty in the economic and political climate

Romania’s land market remained stable in 2024, with transaction volumes close to the 450 million euro recorded in 2023, despite an economic and political climate marked by uncertainty, according to Colliers' annual report. Bucharest and its metropolitan area continued to be the main hub for transactions, accounting for 80% of the total, while residential projects made up 70% of these deals.

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