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Articles - office stock

The office space market, over 300,000 m2 announced for 2019

Demand on the office space market reached 325,000 m2 in Bucharest at the end of 2018, shows the balance of the evolution of the office space market in Bucharest in 2018, a study conducted by CBRE.

The number of employees in modern offices in Bucharest has reached 250,000

Over the last five years, the number of corporate employees in Bucharest has increased by 70,000 people, to nearly 250,000 people.

CBRE: The share of class A office stock will outperform the class B office stock by 2018

The Total Leasing Activity (TLA) for the office sector in Q4 2016 reached 144,000 sq m, the highest level on a quarter for the Romanian real estate industry, while 79 percent of TLA was represented by take-up (total transactions excluding renewals/ renegotiations), according to the latest CBRE Romania Office Market report, a press release informs.

Bucharest’s modern office stock to reach 2.6 million sqm by 2019, says Colliers International

There are about 600,000 sqm of office space currently in the pipeline in Bucharest and which are planned to be delivered by 2019, according to data from real estate services firm Colliers International.

Office stock outside Bucharest could reach 800,000 sqm by 2018, says DTZ Echinox

The modern office stock in the main regional cities throughout Romania went up by approximately 20 percent in 2015 y-o-y, according to a DTZ Echinox report. At the end of 2015, class A & B office space in Cluj Napoca, Timisoara, Iasi and Brasov, the main regional office markets, reached 584,000 sqm.

Romania’s office inventory reaches 2.39 million sqm

Romania had 2.39 million sqm of modern office space at the end of June, up 8% compared to the same period last year.

CBRE: Bucharest Class A office stock exceeds 1 million sqm in Q2

In Bucharest, Class A office stock exceeded 1 million square meters in the second quarter, a record for the office space market. In Bucharest, Class A office stock exceeded 1 million square meters in the second quarter, a record for the office space market. Overall, this year’s new office stock is projected to be a whopping six times larger than last year’s.

Central and Eastern Europe needs more real estate projects

Modern offices spaces stock in Central and Eastern Europe reached a total of 24 million square metres last year.

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