The project targets mostly small businesses with six to 20 employees, as well as freelancers, and the aSpace officials say that they have already signed preleases with four tenants.

aSpace currently has a 15% market share and manages six spaces providing offices for rent. With the opening of the project on Calea Victoriei, it will account for 20% of the total coworking space area in Bucharest’s central business district.

“One of the advantages of these new offices is that they are easy to reach, just one minute away from the Victoriei subway station. Our entire network of locations –  Baneasa, Floreasca, Aviatiei, Pipera and Cotroceni – for that matter, is easy to reach and includes private offices, dedicated desks and hot desks (…),” says Bogdan Marinciuc, founder and CEO of aSpace.

Except for the Calea Victoriei location, the company has allocated some RON5 million to furnish the office space.

aSpace intends to open one more location in 2025 for a total of seven coworking spaces and a total managed area of more than 8,000 square meters. Its officials estimate this year’s revenue will increase by 30% on 2024 to RON9.5 million.

(English version by Loredana Fratila-Cristescu)