Office activity on the rise
Office & mixed-use developmentschedule 16 August 2012
ROMANIA Approximately 130,000 sqm of office space is actively under construction and expected to be delivered in the next 18 months in Bucharest, according to Colliers International.
According to the number of projects that have already been announced, a further 125,000–200,000 sqm should be delivered in 2014 and 2015. In the first six months of 2012, 40,000 sqm of modern office stock was added in three projects, of which two are already fully leased. Out of the total office space currently under construction, 85,000 sqm is located in the Floreasca-Barbu Vacarescu area. A total of 650,000 sqm of leases will expire between 2012 and 2014, which should result in a number
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