Administrative costs for Romanian offices to grow by 10% this year, says Colliers

12
May
2026
News - Administrative costs for Romanian offices to grow by 10% this year, says Colliers #Colliers #Hungary #Inflation #Mihai Iustin #Office #Poland #Romania #Taxes #Wages

by Property Forum | Office

Administrative costs for modern office buildings in Romania are set to rise by approximately 10% in 2026 compared to last year, according to Colliers. The increases stem from higher property taxes, inflation and rising wages, with utility costs excluded as these are typically billed separately.


Colliers, which manages over 650,000 sqm of modern office space, notes that costs are already 40-50% higher than pre-pandemic levels. "If we look at developments in recent years, the biggest impact on costs has come from taxes, which have generated over a third of the increases and continue to rise significantly in 2026," explains Mihai Iustin, Operational & Technical Manager at Colliers. This is linked to higher construction costs, leading to an average 30% increase in buildings' taxable value following revaluation.

Wages represent another major pressure point, with a further 7% increase expected from mid-2026. Since 2019, Romania's gross minimum wage has doubled, directly impacting labour-intensive services. Technical maintenance, security and cleaning costs are now 35-75% higher than in 2022.

Taxes account for nearly 38% of total service charges, followed by technical maintenance at 22% and security services at 14%. Even waste management costs, representing just 2% of the total, have doubled due to employees returning to offices and new European recycling requirements.

Regionally, Romania maintains competitive positioning with service charges approximately 10% below Hungary and 20% lower than Poland, primarily due to lower wage levels.




Latest news


New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


Latest news

News - Ukraine's commercial property market sees growth in compact formats
12
Jul
2026

Ukraine's commercial property market sees growth in compact formats

by Property Forum
Halfway through 2026, Ukraine's commercial real estate market presents a picture of cautious resilience: no segment is booming, but none is collapsing either. Across retail, office and industrial property, the common thread is the same:  a persistent shortage of quality supply is doing more to shape rents and vacancy than any surge in demand.The URE Club (Ukrainian Real Estate Club) has summarised the key trends driving the market in an article for Property Forum
Read more >
News - Budapest housing demand drops as market cools
12
Jul
2026

Budapest housing demand drops as market cools

by Property Forum
Demand for residential property in Hungary continued to cool in June, with zenga.hu recording a 5% drop in interest in homes compared to May, and a 24% decline against last year's monthly average. Budapest saw the sharpest fall.
Read more >
News - Diversification into healthcare remains a strategic priority for CPI Romania
10
Jul
2026

Diversification into healthcare remains a strategic priority for CPI Romania

by Property Forum
Fulga Dinu, Country Manager, CPI Romania, talked to Property Forum about the company’s strategy of resilience through diversification. She highlighted the growing integration of healthcare into office assets and the large-scale remodelling of Sun Plaza.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy