“Outsourced project management services were considered a luxury in Romania for a long time. Meanwhile, the situation has changed and more and more companies found the added value of project and cost management services bring considerable savings,” said Gabriel Balaban, Head of Building Consultancy at CBRE Romania.

According to CBRE calculations, the average cost of furbishing a class A office ranges from EUR200 to EUR500 per square meter, not counting the cost of furniture and IT equipment. Furbishing costs for class A offices are relatively the same for Bucharest and other cities in the country.

Among projects assisted by CBRE were Sun Plaza (the initial expansion phase), Airbus Helicopters, ThyssenKrupp Bilstein, and Kimball Electronics. CBRE also provided project management services for developments by Skanska (Campus 6), CA Immo, Forte Partners (The Bridge).

CBRE founded its Building Consultancy department in Romania in early 2012.