Cushman & Wakefield Echinox report reveals consistent office pipeline in Bucharest

Bucharest maintains a steady flow of new office developments, with nearly 170,000 square meters of projects scheduled for delivery between 2026 and 2027, according to the latest Bucharest Office Marketbeat Q3 2025 report from Cushman & Wakefield Echinox. Despite a 25% drop in total leasing activity compared to last year, demand remained solid, with companies leasing 197,200 sqm in the first nine months of 2025, with more than half representing new demand.

With no new office buildings delivered this year, the vacancy rate fell to 12.8%, its lowest level since late 2020, the same report said.