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Bucharest Office Market Q3 2017

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The Bucharest office market recorded leasing transactions of approximately 56,000 sqm during Q3 2017, from 71,000 sqm a year ago.

  • The IT and BPO/SSC continue to be the major drivers on the demand-side, with the three largest deals - Amazon, GoPro, Systematic - belonging to the former;
  • Dimitrie Pompeiu became the most active area for leasing activity in Q3, with over 20,000 sqm, followed by Floreasca-Barbu Vacarescu and CBD;
  • With a good macro backdrop, workforce availability constraints continue to be a major concern going forward.

6 Bucharest Office Market Q3 2017 250x196

Bucharest Office Market Q3 2017

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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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