Bucharest To Maintain Low Office Occupancy Costs In Near Furture – Survey

In 2010, occupancy costs dropped an estimated 17% on the year, to $4,060, according to the Global Occupancy Cost Offices -2011 report compiled by DTZ.

One employee in Romania gets an average working surface of 11 sqm, according to the report. Thus, Bucharest remained among the cities with the narrowest working spaces, as opposed to surfaces of 14.5 sqm in Prague and 12 sqm in Warsaw.

However, employees in Moscow, Manchester and Mexico City receive an average 10 sqm. The widest average working space is registered in Helsinki, where employees bask in 25 sqm.

„We forecast that Budapest and Bucharest will see above-average growth in occupancy costs over the forecast horizon, at 2.4% and 2.7% per annum respectively, whilst still remaining the least expensive markets on the continent,” the report notes.

Analysts estimated an annual cost of $4,630 per post in Bucharest, with elements factored in including rent, other costs, maintenance and taxes.

The report analyzes 121 markets in 47 countries and territories worldwide.