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.

Premier Energy has completed its acquisition of a controlling stake in a 158 MW wind farm in Hungary.
Romanian FMCG distributor Aquila has completed a €5 million investment in an AI-based automation solution at its warehouse in Drăgomirești, Ilfov County.
The Austrian Post Group has acquired 100% of Hungarian parcel service provider Delivery Solutions Zrt., operating under the brand Sameday Hungary.
Silver has recorded one of the most notable price performances on the commodities markets, rising from approximately $30 per troy ounce a year ago to $109 today.
Romania's National Agency for Fiscal Administration (ANAF) has launched Ana, an intelligent virtual assistant designed to help taxpayers quickly obtain information about their fiscal obligations.