Romania's office furniture market goes up as real estate investments grow

The local office furniture market could increase by 10% this year reaching a volume of EUR 45-50 million, said Horatiu Didea, Managing Partner of Workspace Studio. The market goes up as the investments in class A office buildings continue to increase, reports local Dailybusiness.ro. Bucharest will see a record area of office space delivered this year, according to the real estate consultancy company CBRE. About 408,000 sqm of new office space will be ready in 2016, five times more compared to the total volume of 72,500 sqm recorded last year. The surface will also be 10% larger compared to that delivered in 2009, a reference year for the local real estate market. editor@romania-insider.com