Bucharest hosts over 50 flexible workspace locations operated by nearly 30 providers, with this niche holding a 2.3% share of the total office stock in the city, similar to Dublin or Prague, according to a report by Colliers.
A key advantage for the flexible office market is its competitive cost. The average monthly rent for a private office in a flexible workspace in Bucharest is around €300. This is significantly lower than in comparable European cities, where prices can reach €500 in Amsterdam, €625 in Dublin, and €850 in London, finds Colliers.
This cost-effectiveness, combined with a stable and growing office market, represents a strategic asset for international operators looking to expand in CEE.
“We’re no longer talking about a divide between traditional and flexible offices, but rather a strategic complementarity between two models with different, yet equally important, roles,” said Daniela Popescu, Director, Tenant Services & Workplace Advisory in the Office department at Colliers Romania.
Beyond Bucharest, cities like Cluj-Napoca, Iași, and Timișoara are also attracting flexible workspace operators, driven by dynamic IT&C ecosystems, a strong talent pool, and an openness to modern work models.
This expansion aligns with a broader regional trend seen in 2024, where markets such as Riga, Ljubljana, Tallinn, and Sofia nearly doubled their flexible workspace capacity in a single year.
Globally, the flexible office market across the EMEA region has seen substantial growth, with total stock reaching approximately 8.3 million sqm by the end of 2024, up from just 2 million sqm in 2010.
