Bucharest office rents for class B and C properties range between EUR 3-18/sqm, says Imobiliare.ro

Newsroom 30/04/2015 | 13:03

Rent levels for Bucharest office spaces located in villas or class B or C properties start at less than EUR 3/sqm/month and reache EUR 18/sqm/month, according to data from Spatiicomerciale.ro, and online platform developed by Imobiliare.ro. The analysis is based on the last asking rents of leased properties and does not take into account the class A office stock.

One of the most affordable properties listed on the site is a 180 sqm (class B) office space located in the attic of a villa in Pipera. The final asking rent for this property before leasing was 450/month. At the other end of the spectrum is a property with a similar surface but located in an office building in Floreasca for which the owners asked a EUR 18/sqm/month rent.

Countrywide, asking rent levels for this type of properties (villas, class B and C projects) range between EUR 3/sqm/month and in some cases go beyond EUR 20/sqm/month, thus sometimes surpassing the asking rent for class A office projects, according to the source.

In Timisoara asking rents range between EUR 1/sqm/month and EUR 25/sqm/month for a downtown villa, in Cluj-Napoca between EUR 1.6/sqm/month and EUR 17/sqm/month, in Brasov between EUR 2/sqm/month and EUR 20/sqm/month, in Iasi between EUR 2/sqm/month and EUR 15/sqm/month and in Constanta between EUR 2/sqm/month and EUR 22/sqm/month.

Simona Bazavan

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