100.000 sqm office space could lead to 100 mil euro earnings for developers in Bucharest
Exciting news on the real estate market with projections of location and contract changes for some of the biggest companies operating in Bucharest. The demand could reach 100.000 sqm office space, which, for 5-years contracts, could result into earnings of 100 mil euro for the developers.
With some new developments being finalised in Orhideea, Unirea and Timpuri Noi areas in 2018, we could witness interesting office location changes. Some of the largest companies, such as Microsoft, IBM, or Ericsson, are currently looking at potential new contracts to with the purpose of merging existent offices spread across different locations or to strategically position themselves next to Universities from where they can recruit new graduates.