Colliers : In Bucharest, the office rental market is recovering

Total demand for modern office space increased by 23% in 2021 to 263,000 square meters compared to the same period last year, Colliers data shows. At the same time, new demand reached 104,000 square meters, up 47% from the same period in 2020. Clear signs of recovery in the office market can also be seen in Colliers’ activity, which was the most active Office leasing agency in Bucharest in 2021, by representing tenants in leases of over 43,000 square meters, a volume ...

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