Romania’s office inventory reaches 2.39 million sqm

16 August 2016

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

The office demand in Bucharest advanced by 15% year-on-year, according to a report by DTZ Echinox. It was supported by new operations, expansions and relocations from Class C office space to modern office buildings.

About 135,000 sqm of offices were delivered in Bucharest in the first six months of the year, up 60% over the same period of last year. Some 110,000 sqm were occupied.

The largest deals between January and June included pre-lease transactions and renegotiations.

editor@romania-insider.com

Normal

Romania’s office inventory reaches 2.39 million sqm

16 August 2016

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

The office demand in Bucharest advanced by 15% year-on-year, according to a report by DTZ Echinox. It was supported by new operations, expansions and relocations from Class C office space to modern office buildings.

About 135,000 sqm of offices were delivered in Bucharest in the first six months of the year, up 60% over the same period of last year. Some 110,000 sqm were occupied.

The largest deals between January and June included pre-lease transactions and renegotiations.

editor@romania-insider.com

Normal
 

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