In the first three months of 2024, modern offices with a total area accounting for 47% of the overall area traded last year were leased.
Thus, demand for A-class office spaces in major cities totaled 17,672 square meters outside Bucharest.
“For the coming years, investors are readying 12 office buildings, with a total of almost 150,000 square meters, in Cluj-Napoca alone, with the start of works and the evolution of constructions being also conditioned by future demand. Regional centers will continue to develop, to draw the attention of companies seeking office spaces, owing to lower rent costs for spaces of the same quality and not least because in these cities, offices under the 15-minute city concept can be more easily built,” says Costin Nistor, Managing Director at Fortim Trusted Advisors.
Timisoara ranked second among regional office leasing markets.
(English version by Catalina Apostoiu)