Navigating Romania's Commercial Real Estate Market in 2026

As 2026 approaches, businesses seeking commercial space in Romania can look forward to a market characterized by strategic growth and evolving demand patterns. Insights from the 4th edition of the Cushman & Wakefield Echinox “Real Estate Investors Sentiment Barometer” indicate clear trends, pointing towards opportunities in both office and industrial sectors, supported by a significant pipeline of new developments.

Office Space: Anticipated Rental Growth Amidst Evolving Work Models

For businesses eyeing office space in Romania, the coming year signals a period of rental appreciation. A strong majority of investors (56%) foresee positive office rental evolution through 2026, with another 39% expecting stability. This growth is set against a backdrop of tenants adapting to new, flexible work models, leading to a consolidation of occupier demand rather than aggressive expansion. The office segment, though recovering gradually, is demonstrating resilience and a stable outlook, making strategic planning crucial for securing prime locations.

Industrial & Logistics: Stability and Strong Investment Appeal

The industrial and logistics market continues to be a cornerstone of stability and attractive potential. If your business requires warehouse or distribution space, you’ll be interested to know that 52% of investors expect industrial rents to remain stable. This sector also leads in overall investment potential, reflecting its robust demand and essential role in the supply chain. New spaces are being developed, ensuring businesses have access to modern, efficient facilities.

Key Factors Influencing Occupancy Costs

Understanding the drivers behind occupancy costs is vital for budget planning. The primary factor influencing these costs, according to investors, will be fiscal changes. Businesses should also keep an eye on geopolitical developments and macroeconomic uncertainty, which are identified as secondary but significant influences. Proactive financial planning will be key to managing real estate expenses effectively.

Where to Invest: Bucharest and Secondary Cities Remain Prime Choices

For businesses making location decisions, Bucharest and Romania's secondary markets continue to be the preferred investment destinations. This suggests a healthy ecosystem for commercial operations across different urban centers, offering diverse options depending on specific business needs and strategic objectives. Whether you require a bustling capital presence or a more regionally focused hub, opportunities abound.

Robust New Supply Pipeline on the Horizon

Exciting news for businesses in search of modern facilities: over 800,000 square meters of new office, industrial, and retail spaces are scheduled for delivery over the next two years. This substantial new supply pipeline ensures a continuous availability of state-of-the-art buildings, equipped to meet contemporary business requirements and support future growth. This is a crucial factor for companies looking for new, efficient premises.

Addressing Challenges for Business Growth

While the outlook is largely positive, investors acknowledge challenges such as bureaucracy and the quality of transport infrastructure. However, the prevailing sentiment remains optimistic, with a strong majority of investors (56%) planning to expand their portfolios in 2026. This confidence underscores the underlying strength and opportunities within the Romanian commercial real estate market.

For businesses planning their next move or expansion in Romania, the current market signals a period of strategic opportunity. With rental growth in offices, stability in industrial spaces, and a significant influx of new supply, 2026 is set to be a pivotal year for commercial real estate.

Source: cwechinox.com