Minimum wage increases have highest impact on office occupancy costs
Operational costs are expenses incurred by tenants, which are added to the rent and together compose the occupancy costs.
Operational costs are expenses incurred by tenants, which are added to the rent and together compose the occupancy costs.
At the same time, approximately 9% of children in Romania require medical support for various mental and emotional issues, according to a UNICEF study.
The management and maintenance costs of the office buildings in Colliers Romania's Asset Services portfolio increased by 9% last year compared to 2022.

Oil major OMV Petrom is progressing with its Neptun Deep development project, expecting first gas production in 2027 with estimated investments of up to €4 billion.
EU enterprises are rapidly adopting artificial intelligence technologies, with 20% of companies with 10 or more employees now using AI to conduct business in 2025, according to Eurostat.
Premier Capital has reached a milestone with the opening of its 200th McDonald's restaurant across its European portfolio, located in Malta - the company's home country.
Companies and local authorities will have over €1.5 billion in grants available for investment in energy and energy efficiency at the beginning of next year.
Romanian private healthcare network MedLife has reached a market capitalisation of €1 billion at the Bucharest Stock Exchange (BVB), around nine years after the company went public.