Half of the total area was leased in Timisoara, as much as in all the other big cities combined, where office transactions were concluded, namely, in Iasi, Cluj-Napoca, Brasov, Arad and Pitesti.
”A new phenomenon is the fact that large IT&C companies are expanding simultaneously in several cities, such as Accenture (which leased office space, in 2016, in Bucharest, Cluj–Napoca and Iasi), Deloitte (which expanded in Bucharest and Timisoara), Ericsson (Bucharest and Pitesti), HP (Cluj-Napoca and Arad) and Huawei (Bucharest and Timisoara),” according to the analysis.
In 2016, Timisoara ranked first regarding the lease of office space outside of Bucharest, with a total volume of 35,795 sqm. It is the city which also delivered large areas of high-class office space. Iasi and Cluj-Napoca ranked second and third. Office space was also leased in other cities, but the total volume of space was way lower, below 4,000 sqm- in the cities of Brasov, Arad and Pitesti.
The biggest transaction on the local market in Iasi targeted the lease of office space covering 13,000 sqm by Amazon, within the Palas project.
The biggest transaction in Cluj-Napoca targeted the lease of office space covering 4,500 sqm, by Accenture, within the project Sigma Business Center.