Tuesday, 23 December 2025
Griffes, Romanian real-estate advisory practice, announces the successful leasing of 6,000 sqm of office space in Unirii View office project located in the center of Bucharest. Out of the 6,000 sqm leased, 2,000 sqm represent new tenants joining the tenant palette, while 3 tenants expanded operations and grew their space take up in the building.
The transactions were concluded with companies operating in the business services and IT sectors.
“With new office deliveries remaining limited, well-positioned assets in central areas such as Unirii View continue to outperform, attracting tenants that are making strategic, long-term decisions about their workplaces. For the first time in nearly 20 years, the Bucharest office market has gone through an entire year without the delivery of any new office developments. This prolonged pause in new supply has intensified the mismatch between available space and tenant demand, pushing vacancy in Class A buildings in the Center submarket down to a record-low 3%. At the same time, prime assets have seen rental levels increase by 5%, further widening the gap between high-performance office buildings and older stock. In the next years, this dynamic is expected to persist, with occupiers placing growing emphasis on workspace quality, employee well-being and ESG alignment, while developers calibrate future projects to respond to these priorities.”, said Andreea Păun, Managing Partner Griffes.
