Most spaces of this type are available in capital Bucharest, namely, a total surface area of over 28,000 square meters of gross leasable area (GLA), accounting for nearly 84% of the overall coworking spaces available countrywide. The biggest stock of spaces of this type was delivered in 2012.
So far in 2017, a total 3,130 sqm of shared office spaces have been delivered, of which 2,500 sqm in Bucharest, 300 sqm in Timisoara, 260 sqm in Cluj-Napoca and nearly 100 sqm in Brasov. Most developers are local entrepreneurs.
Considering the growing contribution of the IT sector to Romania’s gross domestic product (GDP), the global trends encouraging small start-up-type firms, as well as the independent activities, Crosspoint experts expect the stock of coworking spaces to grow gradually in coming years.