Most office rentals were made in Iasi, Timisoara, Cluj-Napoca, Ploiesti and Brasov, according to the analysis conducted by Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance.
The transactions of new office rental, relocation and pre-rental reached a total area of 70,393 sqm, 22 percent more than in 2021.
āOnly the first three major university centers in Iasi, Cluj-Napoca and Timisoara have accumulated 89 percent of the total demand for modern office spaces outside Bucharest. Most of the new spaces were rented in Iasi, and most of the spaces traded, including renegotiations, were in Timisoara (37 percent).The cities that had ongoing deliveries of high-performance office buildings in 2022-2023 recorded the most consistent increases compared to the previous year and in the number of transactions, but also in the total volume of new leased spaces,ā says Nicolae Ciobanu, Managing Partner- Head of Advisory, from Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
