Romanian Office Space Stock Doubled in Ten Years

12.29.2020 By Bogdan Alecu

Office space remains the main attraction in real estate in Romania. The modern office space stock in the country has doubled from 1.5 million to almost 3 million square meters in the past decade, rents have remained relatively stable, dropping slightly from EUR19.5/square meter in 2011 to EUR18.75/square meter in 2020, while yields shrank from 8.25% to 7%, real estate consultant CBRE data show.

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Keywords:
office space
, development
, decade