Cushman & Wakefield Echinox: Office developers resume construction activity in Bucharest

The office development activity in Bucharest accelerated over the past year, with the volume of projects currently under construction exceeding 200,000 sqm of gross leasable area, the highest level since 2021, according to the Bucharest Office Marketbeat Q4 2025 report, published by real estate consultancy company Cushman & Wakefield Echinox. At least eight new office buildings are expected to be delivered by the end of 2028.

This renewed development momentum follows two years of historically low delivery levels, totaling just 15,000 sqm, corresponding to a single building. Moreover, no new office projects were completed in Bucharest in 2025, a first in the history of the city’s modern office era.