The coworking and serviced office segment in Romania has been under continuous development over the last three years, reaching 84,000 sqm at the end of 2019, according to Crosspoint Real Estate. 23 new coworking spaces totaling over 13,000 sqm were opened in Romania last year.
Bucharest dominates the market, with 68,000 sqm in 60 spaces throughout the city, a little over 2% in the capital’s total office stock. The average coworking space in regional cities has an area of under 300 sqm as opposed to Bucharest where shared office spaces average is around 900 sqm. Cluj-Napoca, Constanta and Piatra Neamt are the only cities where spaces over 1,000 sqm operate.
