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9% drop of rental transaction volume for offices in Bucharest

The volume of renting transactions in the office market in Bucharest dropped by 9% in quarter 1, 2021, compared to the same period of 2020, up to 48,000 square meters, according to data of real estate consulting company Cushman & Wakefield Echinox, released on Thursday.   On the other hand, the share of pre-renting contracts went up from 20% to 46%, while in the case of renewal contracts, there was a ...

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