{"id":124202,"date":"2015-10-06T00:00:00","date_gmt":"2015-10-05T21:00:00","guid":{"rendered":"https:\/\/rhn.ro\/high-demand-for-office-space-in-southern-bucharest\/"},"modified":"2026-03-28T21:14:31","modified_gmt":"2026-03-28T19:14:31","slug":"high-demand-for-office-space-in-southern-bucharest","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/high-demand-for-office-space-in-southern-bucharest\/","title":{"rendered":"High Demand for Office Space in Southern Bucharest"},"content":{"rendered":"<div>It took only two months from completion for the Big Office project, located near the Piata Sudului metro station in Bucharest, to be fully occupied. The building has a total leasable area of 3,300 sqm and was commissioned in August.<\/div>\n<div><\/div>\n<div>Requests from BPO and IT&amp;C companies had the largest share, accounting for 40% of the total transactions recorded in Bucharest last year, this sector remaining the most active in the office rental market. Proximity to the metro, accessibility of the spaces, and closeness to commercial facilities are the most important selection criteria for this type of tenant, whose employees have an average age of up to 30 years, mentioned Alexandru Petrescu, managing partner of ESOP Consulting, the company that brokered the rental transactions for Big Office.<\/div>\n<div><\/div>\n<div>The same Petrescu believes that rent levels for office spaces leased by SMEs will stabilize this year around 10 EUR\/sqm\/month, with decreases down to 7-9 EUR in semi-central areas and increases up to 11-13 EUR\/sqm\/month in areas such as Piata Victoriei, Charles de Gaulle, or Aviatorilor.<\/div>\n<div><\/div>\n<div><\/div>\n<p>Source: <a href=\"http:\/\/www.imobiliare.net\" data-wplink-url-error=\"true\">Imobiliare.Net<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>What is the occupancy rate of the Big Office project?<\/strong><\/p>\n<p>The Big Office project reached 100% occupancy within just two months of its completion in August.<\/p>\n<p><strong>Which industries are driving the demand for office space in Bucharest?<\/strong><\/p>\n<p>The BPO and IT&amp;C sectors are the most active, representing 40% of all office rental transactions in the city.<\/p>\n<p><strong>What are the average rental rates for SMEs in Bucharest?<\/strong><\/p>\n<p>Rents for SMEs are expected to stabilize around 10 EUR\/sqm, ranging from 7 EUR in semi-central areas to 13 EUR in prime locations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It took only two months from completion for the Big Office project, located near the Piata Sudului metro station in Bucharest, to be fully occupied. The building has a total leasable area of 3,300 sqm and was commissioned in August. Requests from BPO and IT&amp;C companies had the largest share, accounting for 40% of the&hellip;<\/p>\n","protected":false},"author":0,"featured_media":65659,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2857],"tags":[],"thb-sponsors":[],"class_list":["post-124202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transactions"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/tranzactii-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/124202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=124202"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/124202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/65659"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=124202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=124202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=124202"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=124202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}