ARTICLES LABELLED WITH TAG Victor Cosconel

Demand for office space in Bucharest dropped by one-third in 2025, primarily due to reduced activity from IT companies, which generated only 10% of total leasing in the first nine months - the lowest level since 2010. Companies leased approximately 150,000 sqm of office space, while new demand fell by almost 30% to under 60,000 sqm.

Romania recorded the fastest growth in road freight transport in the European Union, with companies reporting almost 29 billion tonne-kilometres carried by road in 2023, representing a 69% increase over ten years. This growth rate was three times faster than the EU average, according to Eurostat data cited by Colliers.

Office leasing in Bucharest reached its lowest point in four years during H1 2025, according to Colliers consultants. Total leasing transactions exceeded 100,000 sqm, representing a more than one-third decrease compared to the same period last year.

Romania is increasingly establishing itself as a key industrial hub within CEE driven by a confluence of factors including production relocation, burgeoning investments in logistics, and a heightened focus on ESG standards, finds a Colliers report.

Bucharest's industrial and logistics market has experienced significant growth, with its modern leasable space nearly quadrupling over the past decade to exceed 3.6 million sqm, according to a Colliers analysis.

Romania stands out in the CEE as an increasingly attractive destination for investors in the industrial and office real estate sectors, a Colliers analysis reveals.

Bucharest's office market is experiencing a major shift, marked by limited supply and increasing rental costs for prime spaces, according to a report by Colliers. 

Bucharest's office market has experienced last year its lowest level of new space delivered in the past two decades, according to a recent report by Colliers. 

Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.

Leasing of industrial and logistics spaces in Romania amounted to around 620,000 sqm in 2024, down by around 20% compared to the near-record level reached in 2023. The overall stock rose by 400,000 sqm to 7.4 million sqm at the end of last year, according to a report by Colliers.