Bucharest office fit-out, among the most affordable in CEE

16
Apr
2026
News - Bucharest office fit-out, among the most affordable in CEE #Andrei Ianculescu #Bucharest #CEE #Construction #Cushman&Wakefield Echinox #ESG #Fit-Out Costs #Office #Romania

by Property Forum | Office

The average total office fit-out costs in Bucharest increased slightly in 2025 to around €1,000 per sqm, according to data from Cushman & Wakefield Echinox. However, Bucharest remains one of the most affordable markets in CEE, with fit-out costs 18% and 15% lower than in Warsaw and Prague, respectively.


A full fit-out project in Bucharest, including all interior works across various specialties, building management systems, furniture, audio-video equipment, professional services and contingency costs is being budgeted at an average of €1,077 per sqm. Depending on the complexity of projects, materials and solutions used, as well as how the space is delivered to the tenant, fit-out budgets can range from approximately €800 per sqm to nearly €1,600 per sqm.

Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, said: "After a period of cost volatility, we are noticing a relative stabilisation. However, labour remains the main source of pressure in fit-out budgets along with delivery schedules for materials and equipment. At the same time, companies are calibrating their investments toward more efficient, sustainable, and better-equipped spaces, so fit-out decisions are increasingly made based on the total occupancy cost, not just on the initial investment."

In 2025, fit-out budgets were shaped by a mix of market and economic factors, with higher labour and materials costs continuing to weigh on project budgets. While wage growth is expected to decelerate, labour remains the main driver pushing costs up. Moreover, even though prices for materials have partially stabilised, inflationary pressure is still visible in overall project budgets.

Sustainability requirements are another cost factor. Investments in energy-efficient solutions and ESG-aligned upgrades can raise upfront fit-out costs, but they aim to reduce operating expenses over time. Geopolitical volatility and macroeconomic uncertainty have also kept many occupiers cautious, adding pressure on delivery schedules and on the labour component of fit-out projects.




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New leases

  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
  • Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


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