Office building utilisation in Romania grows in Q1 2024

28
May
2024
News - Office building utilisation in Romania grows in Q1 2024 #Brașov #Bucharest #Cluj-Napoca #Colliers #Oana Adjudeanu #office #Romania #Timișoara

by Property Forum | Office

The number of employees working in office buildings rose from 40% in Q1 2023 to around 55% in Q1 2024 in the projects managed by Colliers in Romania.


The agency provides asset services for nearly 600,000 sqm of office spaces in Bucharest regional cities of the likes of Cluj-Napoca, Timișoara and Brașov.

This development is also reflected in the analysis of traffic at the main metro stations in Bucharest, where significant changes in peak-hour flows to and from work have been noted.

“A clear sign that the office is no longer seen as a cost centre, but rather as an essential space for people to connect and work to their full potential through new office life experiences, is the emergence of new positions in corporate organisation charts, such as Workplace Experience Manager. Another important trend is large companies’ requirement for a minimum number of days in the office,” said Oana Adjudeanu, Head of Business Operations Asset Services at Colliers Romania.

A growing number of companies in Romania have ongoing hybrid work arrangements, which includes two to three days spent at the office.




Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


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