The survey conducted by The Royal Institution of Chartered Surveyors (RICS) reveals the fact that tenants’ activity has not seen major changes compared to the previous years.
The largest lease transactions, which translate into new contracts on the market, were concluded this year by American company Electronic Arts (11,700 square meters in AFI Park 2), Honeywell (6,000 sqm in Upground II), Ernst &Young (4,500 sqm in Tower Center), Eximbank and Bitdefender (3,800 sqm each).
As far as demand is concerned, developed have completed in 2013 projects totaling 150,000 sqm. The largest investment targeted the office area in Floreasca City Center, developed by Raiffeisen Evolution (41,000 sqm).
Investment funds active in Romania see the office segment as one of the most secure and stable on the local real estate market.