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Articles - cereri de birouri

Esop: A and B Class Office Rents in Western Bucharest Closer to Downtown Rents

The differentiated office spaces volume, more consistent in the Central-Northern Bucharest and more limited in Centre-Western Bucharest, has generated in the beginning of this year a significant proximity of the rents in the two zones, which became comparable, according to Esop Consulting.

Esop: 76% of small and medium companies are looking for offices under EUR 11/sq. m

76% of small and medium companies are looking for offices under EUR 11/sq. m, while 20% have budgets of EUR 11.1-15/sq. m and only 4% have budgets exceeding EUR 15/sq. m /month, shows data in 2013 of Esop Consulting.

Signs of renewed interest in Romania

The question remains as to when Romania will regain its status as a popular destination for investors and developers with a yield premium on Central Europe and office and retail development opportunities in Bucharest and major regional cities.

60 pct of office space to be delivered this year still doesn’t have tenants

Real estate developers face the grim reality that 60 percent of the office buildings that they will deliver this year don’t have any tenants. Depending on the project, the level of free space ranges from 0 percent to 100 percent according to data centralized by Mediafax.

Good signs for the office market in 2014

2014 starts optimistically in real estate, the dynamism is growing on the office market, says Ilinca Paun, the head of Colliers, a real estate consultancy company with 4.5 million dollars turnover registered last year.

Bucharest Office Vacancy Rate Grows in 2014 and Drops in 2015

The office vacancy rate in Bucharest will increase next year with 1.2 pct. to 14.7%, and will decrease to 14% in 2015, the office stock registering 20% growth between 2013 and 2015, a research of Cushman&Wakefield (C&W) showed.

Tenants are looking for offices with prices between EUR 10 and EUR 12/sq. m/month

The tenants are currently looking at office spaces with prices between EUR 15-EUR17/sq. m/ month, but they are closing the deals for EUR 10-12/sq. m / month, a research of the company Romtor Real Estate shows.

Top 3 Cities in the Country with Strong Potential for the Office Market Development

Most of the available office spaces are in Bucharest, but large cities in the countryside have a big development potential, according to CBRE research on labour market and office spaces in Romania.
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