Colliers: Rents up by 12% YoY for offices in central Bucharest amid limited supply

14 August 2026 The limited supply of modern, well-located space continues to put upward pressure on rents in central Bucharest, pushing them upwards by nearly 12% at the end of June 2026 compared to a year ago, according to the mid-year market update report from real estate consultant Colliers. More than 100,000 square meters of office space were leased in Bucharest in the first half of 2026, slightly below the level recorded in the same period of 2025. Average rents in central Bucharest and other central areas rose from EUR 16 to EUR 18 per square meter, the same source said. Across the market as a whole, average rents rose by around 3%, while new projects currently under development are quoting rents 10-15% above the levels typically seen in their respective submarkets. According to Coll