Property Times: Bucharest Office H1 2016

 
 
Research title:

Bucharest Office H1 2016

Publication name / Category:

Property Times

Date Added:

Oct 06, 2016

Research Summary:
  • Throughout H1 2016, Bucharest’s modern office stock increased by 6%, reaching at 2.39 million sq. m.
  • With 130.000 sq. m transacted, net take-up was divided between relocations within A and B class – 25% and new demand – 75%.
  • Most of the net take-up was recorded in the West submarket, followed by Central North and Pipera South.
  • Bucharest’s general vacancy rate for class A & B office space stands at 12.4%.
  • The prime headline rent remained stable at € 18.5/ sq. m/ month.
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