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At least 130 new jobs created by each new office lease signed in Bucharest, says JLL

Each new office leasing contract signed in Bucharest last year created at least 130 new jobs. Dimitrie Pompeiu and South sub-markets made the top, with more than 200 new jobs per transaction, according to the latest JLL market report.

2018-02-12 11:48:36

As a result, office net take-up in Bucharest (expansions and new leases) reached 171,000 sqm, a 10 per cent increase when compared with 2016. The average leased office area was of 1,300 sqm, resulting in an equivalent of 130 new jobs created for each company. New demand accounted for 48 per cent of the total take-up registered last year whose value reached 350,000 sqm.

The average office area leased by companies varies depending on the sub-market in which the lease is signed. This reflects how the market is polarized in terms of the tenants′ profile.

According to JLL, Dimitrie Pompeiu sub-market registered the largest average leased office area. Here, a number of 13 companies provided new demand of office spaces of more than 2,500 sqm, which means at least 250 new employees accommodated for each transaction.



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