Bucharest's office market recorded its first year without new project deliveries in over two decades in 2025. On this backdrop, total leasing demand fell by around 25% year-on-year to approximately 250,000 sqm, while new space take-up totalled close to 90,000 sqm, according to Colliers data.
Companies have contracted office spaces for over 7,000 new employees in the first half of 2025, with new demand totaling 64,300 sqm on the Bucharest market, according to a report by Cushman & Wakefield Echinox.
The Romanian residential market is experiencing a significant evolution, with notable shifts in buyer and renter priorities over the past two years, find a recent survey conducted by iO Partners in collaboration with Storia.
Industrial rents in Romania remain among the lowest in the EMEA, despite a significant 15% increase since 2019, according to a report by Cushman & Wakefield Echinox.
The Romanian residential market has seen transactions falling by nearly 9% in the first four months of 2025 compared to the same period in the previous year. In Bucharest, the fall in deals reached 12%, according to data released by Colliers.
Bucharest's office market is experiencing a major shift, marked by limited supply and increasing rental costs for prime spaces, according to a report by Colliers.
More Romanians are looking to rent homes over higher prices and tighter lending conditions, shows a recent survey by Unlock Market Research for Colliers.
VGP registered €45.6 million worth of signed and renewed lease agreements during H1 '24, bringing total committed annualised rental income to €384.7 million.
The leasing volume of industrial and logistics spaces in Romania amounted to 410,500 sqm during H1 2024, down by 25% versus the same period of last year, with close to half of the total take-up recorded in Bucharest region, according to a Cushman & Wakefield Echinox report.
Bulgaria, Croatia, Poland, and Romania could raise labour productivity by up to 10 to 15% through wider adoption of digital technologies, particularly software and AI-enabled tools, according to a report by World Bank Group.
World Class Romania, part of Vectr Holdings, has appointed Matei Filipidescu as CEO. He is replacing Kent Orrgren, who concluded his term as CEO after nine years.