Thursday, 25 June 2026
Rohde & Schwarz Topex has renewed and expanded its office lease at myhive IRIDE | nineteen in Bucharest, increasing its footprint to a total of 10,000 sqm in a transaction brokered by Crosspoint Real Estate, International Associate of Savills in Romania.
The company extended its existing lease for 8,000 sqm while taking an additional 2,000 sqm within the office building owned by CPI Romania. The expansion brings together the company’s offices, research and development activities, and production operations under a single location.
Part of the German technology group Rohde & Schwarz since 2010, Rohde & Schwarz Topex develops voice communication systems for mission-critical applications, including air traffic management and other sectors where operational reliability is essential. The company operates both a research and development centre and a production and systems integration facility in Bucharest.
According to Crosspoint, the transaction represents the largest office space managed by its Office Agency team for a single client.
The agreement comes as Bucharest’s office market continues to be characterised by limited new supply and improving occupier demand. Crosspoint data shows that gross leasing activity reached 46,521 sqm during the first quarter of 2026, broadly matching the level recorded a year earlier. Net take-up increased by 25% year-on-year to 37,070 sqm, indicating stronger demand driven by relocations and business expansions.
Vacancy across the city declined to 10.3% during the quarter, while prime office rents remained stable at €22 per sqm per month. The Energy & Industrial sector accounted for the largest share of leasing activity, followed by IT and financial services. The Central Business District, Centre-West and Dimitrie Pompeiu were the most active office locations.
The additional 2,000 sqm leased by Rohde & Schwarz Topex represents new demand, while the renewal of the existing space secures the company’s long-term presence in the building. The transaction reflects a broader market trend in which landlords are increasingly focused on retaining existing occupiers while accommodating future expansion requirements.
Located in northern Bucharest next to Pipera metro station, myhive IRIDE | nineteen offers nearly 18,000 sqm of Class A office space. The building holds a BREEAM Excellent sustainability certification and forms part of the larger IRIDE Park business campus, providing tenants with access to a range of retail, dining, medical and wellness facilities, as well as convenient connections to Henri Coandă International Airport.
