The office spaces rented in Bucharest account for nearly 40% of the total spaces rented countrywide in the first nine months of the year.
“Nearly 90 companies rented new office spaces in Bucharest this year. The interest of national companies and multinationals in opening new offices or expanding the already existing spaces returned to an upward trend in the last 2-3 years. They have been lately interested in expansion given favorable macroeconomic indicators and encouraging perspectives,” said Marius Scuta, head of Office Department.
Besides IT companies, new office spaces were also rented by companies in BPO sector (business process outsourcing), FMGC (Fast Moving Consumer Goods), healthcare and pharmaceutical sector, retail or media, totaling 16,500 sqm.
Half of the new office space demand focused on Dimitrie Pompei area (20,000 sqm) and Floreasca- Barbu Vacarescu area (18,500 sqm).
The total office spaces rented in the first nine months of the year exceeded 211,000 sqm, up by over 7% compared with 197,000 sqm in the corresponding period a year before, of which 81,000 sqm represented new office space demand, 68,000 sqm – relocations and 62,500 – contract renewals.
IT companies also rank first by total office space demand, with over 110,000 sqm rented in January-September, followed by professional service companies, with 29,300 sqm and pharmaceutical and healthcare sector, with 12,600 sqm.