According to Activ Property Services, a real estate consultancy firm, who have a base here in Cluj, Timișoara, now has the biggest regional office market across the country.

City Business Center Timisoara RomaniaTimișoara has seen record office deliveries and rentals in the past 2 years with new office space reaching over 56,000 square meters in the first half of 2018 which represents a 26% increase than the total delivery in 2017. This brought the total modern office space in the city to over 180,000 square meters, which is 30,000 square meters more, than Cluj-Napoca, which has a total of 150,000 at the time of this article.

““In the last year and a half, 95,000 sqm of offices have been delivered in the city, doubling the existing office inventory.” informed Activ Property Services.

One of the projects completed in the first half of 2018 include the Vox Technology Park with a leasable surface of 26,000 square meters and opened it’s doors in January, with many other large projects still ongoing that that time, including the Iulius Grou’s “Openville” and “ISHO”.

The Openville project will be delivered by the end of this year, which combined with other projects, including the Nokia campus in Bega Business Park, will bring the total delivery of 2018 to around 71,000 square meters.

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