2020 is the year that fundamentally changed the role of the office. The workplace will never be the same again, which means now is the time to transform it and make it better than ever. Colliers innovates and responds to current challenges and future needs in the office market with Office 360°, a complete approach of the office with all its touchpoints, carried out in a unique and highly complex process that is tailored to the very last detail to fit the companies’ needs and strategic plans. This service starts by creating a workplace vision together with senior management to define the impact of Covid-19 and the strategic organizational goals.
The demand for office spaces in Bucharest will increase by 20-30% this year, given that a significant part of the major tenants have exceeded expectations and are actively evaluating the options for space optimization, according to Cushman & Wakefield Echinox consultants.
Commercial real estate playersin Romania will be inclined to conclude contracts forshorter periodsthan before the pandemic, as almost 80% of owners, developers and investorsin this field consider contractual adjustments and flexibility to be the main attributes that will count for tenants and end-users whenthe health crisis ends, according to Deloitte Romania Commercial Real Estate Survey 2021.
One United Properties and Bright Spaces are launching today an interactive digital showcasing and leasing platform for One Tower, the building developed and owned by One in Floreasca, Bucharest. Available spaces at One Tower can be visualized online, in a complete 3D environment.
CBRE continues its rapid development and strengthens its Romanian management team with the recruitment of a new talent, Mihai Patrulescu, to lead the Investment Properties department.
Whether you are a property owner or a property manager, steady rental income equates to a well-streamlined cash flow. The rent roll data builds the foundation for day-to-day operations in asset and investment management. They also built the foundation for the valuation of the asset. Therefore, accurate and consistent data is crucial to make the right decisions.
The domains from which office tenants come are balanced in weight. A new, niche sub-domain, that of e-commerce, is growing and giving a boost to the field of professional services, to which it belongs, according to the monitoring carried out by ESOP Consulting in 2020 and in the first month of 2021.
The Romanian real estate investment market grew in 2020 despite the pandemic context and closed the year with a total value of investment transactions worth almost 900 million euro, which represents almost 8.5 percent of the total 10.4 billion euro investment volume recorded by the 6 largest countries in Eastern Europe, according to Colliers latest report.
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