Real Estate: Office Rents In Bucharest Up To 16% In The Last 12 Months
Tuesday, September 5, 2023
Office rents in Bucharest increased by up to 15.8% in the last 12 months (June 2023 vs. June 2022), with the prime headline rent in the CBD area (Piata Victoriei – Aviatorilor) reaching €22.00/ sq. m/ month, an increase which also translated to other submarkets, according to data from the Cushman & Wakefield Echinox real estate consultancy company. Bucharest therefore registered one of the most significant increases of the prime office ...