U-Center II, EXPO II or ARC are some of the most important buildings due to be delivered by end-2024, while development plans for 2025 are not yet known, given authorization problems in Bucharest.
The central-western area has become the largest office submarket in Bucharest, overpassing Barbu Vacarescu-Floreasca area for the first time by 1Q project deliveries and, given developers’ announced plans, the situation will not change on the medium term, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.
Bucharest office stock reached 3.35 million square meters by the end of the first quarter.
(English version by Catalina Apostoiu)