The second quarter of 2019 reconfirmed the increased interest for the office market in Romania. Over 115,000 square meters of office space were leased over this period at the national level, a value similar with that registered in the second quarter of 2018, according to Business-Review.eu.
In total, 239,500 sqm of office space were leased nationwide in the first half of 2019, up 17.6 percent from the first six months of 2018, when approximately 203,600 square meters were leased.
To be noticed that net office space demand increased by 43 percent in the second quarter compared to the first quarter of 2019 to around 60,000 square meters. Net demand accounted for 52 percent of the volume of rental transactions recorded in the second quarter of this year. For the first half of the year, net demand amounted almost 43 percent of the total traded.
Most of the tenants who rented office space in the second quarter are companies in the IT, medical and pharmaceutical, and manufacturing sectors.
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