The developers have announced the construction of more than 275,000 sqm of new office projects in the major regional centers – Cluj-Napoca, Timisoara, Iași and Brasov, so that the modern stock of such spaces will reach approximately 1.3 million sqm in the next 5 years, according to a report by real estate consulting company Cushman & Wakefield Echinox. The consultants see an intensification of development activity, with around 70,000 sqm of office space delivered in the four cities in 2021 and 2022.
Among the most important projects under construction or in various planning phases are: in Iasi – Silk District (a mixed project planned to total 104,000 sqm of offices) belonging to Prime Kapital, Palas Campus (60,000 sqm), developed by Iulius Group, in Brașov – AFI Park Brașov II (AFI Europe), Coresi Business Campus U1 (NHood), in Timișoara – Paltim (Speedwell). In Cluj-Napoca, the main office projects were announced by Prime Kapital and Iulius Group.
