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Bucharest City office space stock to expand to 1.5 million sq.m. by end-2007

The office space stock of Bucharest City expended to 1.190 million sq.m. and office rentals rose by 42 percent on a yearly basis, to approximately 270,000 sq.m., CB Richard Ellis Romania real estate company consultant Viorel Lacatus told journalists at a recent news conference.'A large number of newly-delivered office buildings, coupled with refurbishment works has effected a rise in the stock of office spaces to approximately 1.190 million sq. m.. Out of the total transactions, 83 percent ...

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Economic

Tuesday, April 3, 2007