Bucharest City Report, Q3 2009 . Jones Lang Lasalle
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Bucharest City Report, Q3 2009

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Bucharest City Report Q3 2009
Office Market - Approximately 260,000 m2 were completed in the first 9 months of the year. An additional 150,000 m2 might be delivered in the last quarter of the year. This supply contrasts sharply with the take up activity, which is significantly lower than the take up levels recorded as recently as early 2008. Prime rents are steadily falling, with prime CBD rental levels estimated at €21 /m2/month. This softening trend in rents is expected to continue until the end of the year.
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