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COVID-19: Romanian Office Tenants Survey Part II

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As uncertainties linger on about the coronavirus pandemic and permanent changes the current context will bring for the global economy, we sought to reiterate the survey we undertook back in April, when the outbreak was still fresh news. Between the 28th of September and 6th of October, 79 companies which occupy office spaces in Bucharest and in other cities answered our call; we are delighted to present their opinions, which are that more relevant given the diverse profile of the participating companies, as well as their size. If you wish to look at the spring survey for reference, please find it at this link

Half of the respondents had less than 1 in 10 employees at their office workplace in September, with another third having between 10 and 50% in the office. The size differences also matter: over 63% of the respondents with at least 500 employees have an office presence below 10% versus 43% for those below the 500 employees trehsold, skeing the impact on occupancy.

In general, companies are either planning to keep their current office space unchanged or are looking for a moderate decrease of the occupied surface (between 10 and 30%).


COVID19

COVID-19: Romanian Office Tenants Survey Part II

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Related Experts

Sebastian Dragomir

Partner | Head of Office 360

Bucharest

Achieved over 16  years of experience in Real Estate, including management of Landlord Rep Department in CBRE, Head of EHL Romania Office & Industrial Department, and Senior Leasing Manager and Marketing Coordinator within IMMOFINANZ Romania, dealing both with Industrial and Office portfolio in Romania and Bulgaria. 

Currently, managing the activity of Office 360 team in Colliers. 

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Daniela Popescu

Associate Director | Tenant Services & Workplace Advisory

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Daniela joined Colliers International in 2005 in the Residential Department and moved to the Consulting Division early in 2006. 

She proved to have excellent research and analytical skills and she specialized in the residential segment. 

After 6 years of involvement in consultancy, in 2012, she has been appointed as Head of Research. At the moment she coordinates the research activities within Colliers International Romania being involved in various analyses, reports and forecasts conducted on the Romanian real estate market.

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Silviu Pop

Head of Research | Romania

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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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