ESOP: Office Space Market, Affected By COVID-19 Restrictions, Revived By Contract Renegotiations, Extensions In 3Q/2020

10.13.2020 By Ecaterina Craciun

Romania’s office space market, affected by the COVID-19 restrictions, was revived in the third quarter of 2020 by contract renegotiations and extensions, with the total volume of transactions amounting to 56,730 square meters leased, down 12% from the same period in 2019, per an analysis by ESOP Consulting.

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Keywords:
ESOP
, office space market
, contract renegotiations
, contract extensions