In the first half of the year, the total demand for modern office space decreased by almost 10 percent, up to 112,000 sqm, compared to the same period last year, and the new demand was about 38,000 sqm, decreasing by 22 percent compared to the similar period in 2019, according to Colliers.
Firms have already begun organizing, resizing and reconfiguring offices to fit the needs of a post-COVID world.
In the first half of the year, only 36,000 sqm of modern office space were delivered. The completion of Campus 6.2 by Skanska (almost 19,800 sqm) and the Tiriac Tower in the Ţiriac Imobiliare portfolio (16,500 sqm) are the major additions that have raised Bucharest’s modern office stock above 3 million sqm.
