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Coldwell Banker Transilvania - Office Market Analysis - Cluj-Napoca - March 2012
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Up to 2005, most areas designated to be offices were available either in former commercial premises, modified, or in apartments
that have changed their destination.
Thus, the apartments generally located on the ground floor of buildings containing condominiums, bordering the streets with traffic, have been
changed into office spaces with various destinations.
2006 brought the first class office building, Maestro Business Center, offering 10000 sqm. It became a landmark on the office spaces market from
Cluj-Napoca by offering A Class standards and facilities.
2006 – 2012 Office Market Evolution – A Class
2006 – Maestro BC, 2007 – Olimpia BC, 2010 - Power BC, 2011 – Silver BC.
A Class0
2000
4000
6000
8000
10000
12000
2006200720082009201020112012
2006 – 2012 Office Market Evolution – B Class
2007 : 1 building - 5300 sqm, 2008 : 2 buildings - 6266 sqm, 2009 : 7 buildings - 50.000 sqm, 2010 : 1 building - 665 sqm, 2011: 1 building – 850 sqm.
B Class0
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
2006200720082009201020112012
2012 – Market Share
A Class – approx. 31000 sqm, B Class – approx. 65000 sqm, C Class – approx. 50000 sqm.
A ClassB ClassC Class & Villas
A Class Office Buildings – Price
14-16 EUR/sqm+
2,5 – 3 EUR/sqm(service charge)
Approximately 1000 sqm available at the moment.
B Class Office Buildings – Price
7-9 EUR/sqm+
1,5 – 2 EUR/sqm(service charge)
Approximately 7500 sqm available at the moment.
Future Projects
2012 brings us four new projects.
Three of them A Class, semicentral (22000 sqm, 14000 sqm, 15000 sqm) and one B Class, central (1400 sqm).
The delivery is estimated for late 2013.
CONTACT: ANAMARIA BURCA Managing Partner
Coldwell Banker TransilvaniaCalea Dorobantilor nr. 18-20, Power Business Center Cluj-Napoca, Cluj, Romania, 400117 Telefon: + 40 364 592 021 Fax: + 40 364 592 022 Mobile: + 40 723 325 050 [email protected]