CBRE Bucharest Office Figures Q2 2026

Bucharest’s office leasing market remained resilient in Q2 2026, recording 48,700 sq m of leasing activity across 47 transactions. While leasing volumes normalized, considering a slight decrease QoQ and YoY, this comes after several years of exceptionally strong activity.  Number of transactions increased by 12% QoQ and 18% YoY pointing to a broader occupier base and continued market depth. Average deal size moderated to around 1,040 sq m, reflecting more diversified leasing activity across occupiers. Renewals accounted for 46% of quarterly leasing volume, concentrated in Floreasca-Barbu Vacarescu, Dimitrie Pompeiu and Center-West, demonstrating that existing occupiers continue to reaffirm their long-term commitment to Bucharest’s office market. 

 

Leasing activity totaled 106,200 sq m across 89 transactions in H1 2026. While volumes normalized from last year’s exceptionally strong levels, occupier engagement remained healthy, with pre-leases accounting for approximately 20% of total take-up, highlighting confidence in future office developments. 

 

CBRE advised on nine transactions during Q2, totaling approximately 6,600 sq m, including several expansions and new leases across Floreasca-Barbu Vacarescu, Center and North-West. Overall, CBRE captured a 25% share of all agency transactions completed during H1 2026. 

 

The development pipeline turns a corner in 2026, marking the first year of new office completions after a two-year pause, with approximately 64,000 sq m scheduled for delivery. The three projects set to complete this year: One Technology District, One Gallery and ARC share a strong focus on sustainability, high-quality specifications, and future-ready workplace environments. One Technology District is already fully pre-leased to Infineon Technologies, while ARC exceeds nZEB requirements by 10% and reduces emissions by 30% below the permitted threshold. Together, these developments underline that the next wave of office supply is entering the market with strong ESG credentials and occupier appeal. 

 

Office investment activity remained selective in Q2, with a total volume of €20 million in three deals, as investors targeted well-located assets offering repositioning potential. The sector attracted €99 million in H1 2026, making it the second most active investment segment after retail. 

 

Looking ahead, the resilient occupier demand, the return of development activity plus a pipeline already supported by meaningful pre-leasing commitments provides an encouraging outlook for the Bucharest office market. 

 

Download the full CBRE Bucharest Office Figures Q2 2026 report for a complete breakdown of market trends, development activity, and leasing data.