Real estate: Vacancy rate of new office buildings is half old buildings' rate

The vacancy rate of modern buildings, erected in the last 10 years in Bucharest, was about 10% by mid 2022, compared to 18% for buildings completed until 2012, according to an analysis made by Colliers, a real estate consulting company.   “This major difference brings to the fore quality improvements made for offices built in Romania, while older and better located buildings maintained their ...

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