The highest volume of new office spaces was traded in Cluj-Napoca. Next come Timisoara and Iasi.
Overall, companies in 2023 leased new modern spaces with a total 37,441-sqm are at a regional level.
„In the first quarter of 2024, several lease deals for Cluj-Napoca office spaces are in the final negotiation phase. Recently, there has been rising demand for spaces with an advanced fitout level. The offering remains limited despite a substantial number of projects under development,” states Nicolae Ciobanu, Managing Partner-Head of Advisory at Fortim Trusted Advisors.
While the lease volume is way below Bucharest, the office space vacancy rate is lower in regional centres than in Bucharest.
(English version by Catalina Apostoiu)