The net demand for office space from companies increased by 53 percent in the first three months of this year compared to the same period last year, according to real estate consulting company CBRE. Thus, the activity of renting office space in Bucharest reached the threshold of 60,400 sqm of leased area, 44 percent more than in the first quarter of last year.
Net demand, excluding renewal contracts or renegotiations, accounted for three-quarters of total leasing activity.
A major relevant transaction, which represents both a new demand and a new entry on the Romanian market, is Booking Holdings, which signed for 9,000 sqm in the first phase of the U-Center Campus developed by Forte Partners, a transaction assisted by CBRE Romania.
Source: Economica.net
