However, tenant interest remains moderate compared to the years before the COVID-19 pandemic, when the lease volume exceeded 70,000 sqm in 2018 and 80,000 sqm in 2019.
According to Google Mobility Report, workplace attendance in Bucharest – in mid-May 2022 – was 23% lower than in the pre-pandemic period. Although attendance gradually rose from -62% in April 2020, it remained below the level recorded in January-February 2020. This drop comes mainly from office employees who are still working from home or choosing the hybrid model.
According to data from Bucharest underground system operator Metrorex, subway traffic has been on the rise since the beginning of 2022, with over 12 million trips in March, only two million fewer than the monthly average recorded before the pandemic.
The Google Mobility Report also shows the presence of passengers in public transportation stations in Bucharest is also increasing, although is still lower than the one recorded in early 2020.
At the same time, TomTom traffic reports show that car traffic in Bucharest exceeded in May 2022, during rush hours, the levels recorded in the same period of 2019.