Real estate transactions for office buildings, logistic areas and investment market in Bucharest will exceed 800 million euros in 2015, according to a study made by the real estate consulting company Colliers International. Outsourcing services continue to be the most powerful office sector as Romania has become more and more visible for big companies like BPO, SSC and IT, interested in Bucharest and secondary towns. Over 60,000 people are now employed in outsourcing activities and up to 150,000 employees are expected in this sector in the next 5 years. The most dynamic are for office areas is still Floreasca-Barbu Vacarescu which may reach a total stock of half a million square metres by 2020. The modern building stock has generated most demands, about 215,000 sq.m being rented in the last five years. The area will continue to be an attraction pole in the future, considering that over 155,000 sq.m of office areas will be built by the end of 2020. Bucharest is among East European Capitals offering 7.5% for the office sector, a similar retail level and about 9% for the industrial sector. Logistic areas have a vacancy degree of 8%, but by the end of 2016 the stocl will grow by 100,000 sq.m. The value of rents for new areas is between 3.5 and 4.15 euros/sq.m. According to the estimated consumption increase, Bucharest might have an additional 100,000 sq.m. of retail (non-food) areas, so that it could reach a total stock of over 900,000 sq.m of retail areas. In the last two years, the northern and Theodor Pallady areas have been the most active areas in Bucharest in point of land transactions. The northern part of the Capital, which includes Aviatiei, Barbu Vacarescu, Caramfil, Dimitrie Pompeiu and Floreasca, reported investments of over 100 million euros in land, with transactions for over 20 ha. For Theodor Pallady, the residential and retail sectors generated transactions for 50 ha, worth over 60 million euros.
Bucharest maintains a steady flow of new office developments, with nearly 170,000 square meters of projects scheduled for delivery between 2026 and 2027, according to the latest Bucharest Office Marketbeat Q3 2025 report from Cushman & Wakefield Echinox. Despite a 25% drop in total leasing activity compared to last year, demand remained solid, with companies […]
The number of Romanians seeking work abroad has fallen to its lowest level in five years, according to new data from leading online recruitment platform eJobs. So far in 2025, only 106,000 applications were submitted for jobs outside Romania out of a total of 9.8 million, representing just 1.1% of all job applications. Employers abroad […]
Four young Romanians from Prahova County created Youllgetit.eu, a platform containing a database with thousands of internships dedicated to students in Europe. The youths are former members of the RO2D2 robotics, and are now students at top universities in Romania, Switzerland, Germany, and the Netherlands. Luca Moșu, one of the creators of the platform, told […]
Banca Transilvania, a leading bank in Romania, and BPC, a global leader in payments solutions, have completed the first Romanian pilot of the EU Digital Identity Wallet (EUDIW) for payments, enabling cardholders to authenticate online purchases with their new European Digital ID. The project forms part of the EU Digital Wallet Consortium led large-scale pilot funded by […]
Around 39% of Romanians spend more than usual during the holiday period, starting with Black Friday, and the percentage increases especially during the winter holidays, when 6 out of 10 exceed their planned budget, according to the “Financial Seasons Barometer,” an iVox Research survey ordered by CFA Romania. The research shows that although impulsiveness manifests […]
Bucharest residents can sample traditional products at a dedicated fair, while the first Christmas markets are opening in the country.
