November 24, 2017

Rent for commercial areas continues to drop in 2012

A survey conducted by consulting company Darian DRS reads that the average rental price for commercial areas dropped by approximately 8% in H1 2012 against the similar interval of last year. The market of commercial spaces remained the star of the real estate market in H1 this year too, as several projects were announced throughout the country, with less than half of them being effectively in construction. In Bucharest, rental fees go through a stabilization and consolidation process, with those for premium commercial areas being 40-50 euros/sq.m./month, and those for areas with much affluence of customers reaching as much as 65 euros/sq.m./month.

Source Bucharest Herald (read more)

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