Administrative costs for Romanian offices to grow by 10% this year, says Colliers

Business Forum
Administrative costs for modern office buildings in Romania are set to rise by approximately 10% in 2026 compared to last year, according to Colliers. The increases stem from higher property taxes, inflation and rising wages, with utility costs excluded as these are typically billed separately.

Colliers, which manages over 650,000 sqm of modern office space, notes that costs are already 40-50% higher than pre-pandemic levels. "If we look at developments in recent years, the biggest impact on costs has come from taxes, which have generated over a third of the increases and continue to rise significantly in 2026," explains Mihai Iustin, Operational & Technical Manager at Colliers. This is linked to higher construction costs, leading to an average 30% increase in buildings' taxable value following revaluation.

Wages represent another major pressure point, with a further 7% increase expected from mid-2026. Since 2019, Romania's gross minimum wage has doubled, directly impacting labour-intensive services. Technical maintenance, security and cleaning costs are now 35-75% higher than in 2022.

Taxes account for nearly 38% of total service charges, followed by technical maintenance at 22% and security services at 14%. Even waste management costs, representing just 2% of the total, have doubled due to employees returning to offices and new European recycling requirements.

Regionally, Romania maintains competitive positioning with service charges approximately 10% below Hungary and 20% lower than Poland, primarily due to lower wage levels.

RECOMMENDED
Manova Partners targets Poland for CEE property expansion
Real estate

Manova Partners targets Poland for CEE property expansion

Manova Partners is expanding its investment activities in CEE with a focus on Poland. The international real estate investment manager currently manages a property portfolio in the region worth more than €1.4 billion.

Asian capital drives Central Europe property boom
Real estate

Asian capital drives Central Europe property boom

Central Europe's commercial real estate sector is experiencing a transformation, with Hungary leading the recovery through an 86% year-on-year increase in investment driven by Asian capital from China and South Korea. The CATL factory in Debrecen and BYD in Szeged, along with the planned Volvo plant in Košice, Slovakia, are reshaping the region's industrial landscape and creating demand for logistics space.

CEE property markets set for growth in 2026 amid supply gaps and modernization
Real estate

CEE property markets set for growth in 2026 amid supply gaps and modernization

Colliers has published a new report focusing on CEE, examining economic and real estate trends across Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia. The study shows that 2025 brought moderate economic recovery, easing inflation and rising focus on sustainability, while real estate markets were shaped by modernization, limited new office supply, strong logistics demand and retail park expansion.

CEE real estate investment surges 38% on nine months
Real estate

CEE real estate investment surges 38% on nine months

Confidence is returning across CEE real estate markets, with investor sentiment shifting from cautious optimism to execution, according to Colliers. The region continues to demonstrate resilience, supported by moderating inflation, solid household consumption, and strong employment levels.

CEE real estate investment surges 38% by Q3 2025
Real estate

CEE real estate investment surges 38% by Q3 2025

CEE recorded a 38% increase in real estate investments in the first three quarters of 2025, reaching over €7 billion across six major markets, according to Colliers' latest report.

RECOMMENDED FROM THE HOME PAGE
Industry

Deloitte names new leader for its tech hub in Romania

Deloitte Technology Delivery Center announces the appointment of Emilia Dumitrescu as Managing Director, effective June 2026. She has also been promoted to Deloitte Partner and succeeds Marcus Williamson, Partner, Deloitte UK, upon the completion of his three-and-a-half-year mandate.