Colliers: Tenants continue to dominate office market
The year 2024 will mark three consecutive quarters without any new modern office completions, the longest period without deliveries since 2005.
The year 2024 will mark three consecutive quarters without any new modern office completions, the longest period without deliveries since 2005.
Half of the real estate companies in Central Europe (49%) estimate investment to increase this year and only 19% expect a decrease (down from 51% in 2023).
Two distinct trends have emerged in 2023: securing entry into prime new locations and optimising the portfolio through best value negotiations, all driven by a market with limited deliveries.
Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.
2024 brought a 5% increase in new car registrations and re-registrations, while registrations of imported used cars rose 11%.
The unit in Vernesti is part of the 5th phase of the Romania Eficienta program, supported by OMV Petrom with €7.6 million.
The study shows that data-related issues have caused 55% of the organizations to avoid certain Generative AI use cases.
Softeh Plus will move its headquarters in Timpuri Noi Square starting this spring.