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Bucharest Office Market Update | Q1 2022

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Overall, the Bucharest office market is in good shape currently and has weathered better than we had anticipated the pandemic period. That said, it is not out of the woods yet. As real estate tends to be a reflection of the overall economy, we remain quite concerned by the risks of a global recession (given ongoing economic weakness in China, lingering global supply chain issues, the Russian invasion of Ukraine and the Federal Reserve tightening policy in the US), which would hit Romania particularly hard given the country’s internal imbalances. 

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Bucharest Office Market Update | Q1 2022

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Silviu Pop

Head of Research | Romania

Bucharest

Before joining Colliers mid-2017 as Head of Research for Romania, Silviu Pop worked with ING Bank for close to three years as an economist, covering macroeconomic/financial market themes for Romania, Bulgaria, Serbia and Croatia. His previous professional experience includes working almost 7 years as a financial journalist at various media outlets in Romania, including the sole business-oriented TV station in Romania, where he hosted a daily show for a period of time; during this interval,  he won a number of scholarships, including a stint with Reuters. He holds a BSc in economics at the Bucharest University of Economic Studies.

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