Romania's vacancy rate drops to 14.1 percent

The total amount of leasing activity (TLA) in Bucharest Romania in the third quarter was of over 70,000 sq m, out of which take-up represented 80 percent, according to a CBRE report. The take-up was down by 0.4 percent q-o-q. Most of the TLA was transacted in the northern part of Bucharest (41 percent of TLA) and the Pipera sub-market (25 percent TLA), followed by the west sub-market (10% TLA) and the central business district – CBD (12 percent of ...

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