Office development shifts to Bucharest's outskirts

Office developers have started to orient towards the outskirts of Bucharest because of the scarcity of quality plots in the centre of the Romanian capital. Over 200,000 m[sup]2[/sup] of mostly Class A office space will be delivered in Baneasa, north of Aurel Vlaicu airport, within the next two to three years and 85,000 m[sup]2[/sup] is under construction in the Pipera area. A further 200,000 is also in the pipeline, property advisor DTZ has said in a new report.

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