The significant increase in interest from international investors looking for the best formats of cooperation with local developers sends a powerful message to the market in Romania’s capital city. Importantly, the abovementioned interest applies not only to the office sector, but also to the retail and logistics ones.
Bucharest office market shows an enormous potential, and current high level of take-up is confirming it. The first half of the year ended with a record volume of leases signed, i.e. 157 000 sqm, which was approx. 7 000 sqm more than recorded for the corresponding period last year. Occupiers have a large appetite for brand new Class A office buildings. This year, many new office schemes will be fully leased before completion
Louis-Maxime Juhel, Office Agency Director at BNP Paribas Real Estate Romania