Office Market Update S1 2018

Transcription

1 Office Market Update S1 218

2 THE OFFER Growing trend of annual office deliveries 55% growth in 218 From the 224. sqm to be delivered by the end of 218, 84% will be delivered in the second semester Only 36. sqm were delivered during the first semester, considering that 4 projects, with a total of 96. sqm, were delayed The only big project delivered in S1 is Globalworth Campus Building B (28.6 sqm) New Spaces high pre-leasing rate Over 75% of the delivered spaces in S1 218 are preleased, as well as 57% of the ones expected in S2 218 Key Projects with Delivery in 218 Deliveries Available and si Pre-Leased spaces Available spaces Pre-leased spaces S1 218 S2 218 Area Project Name Delivery Area (sqm) Location CENTRAL-NORTH Globalworth Campus - Bldg. B Q Pompei The Mark - Tower Q Victoriei The Mark - Podium Building Q Victoriei D'OR Business Center Q Dorobanti CENTRAL-WEST Orhideea Towers Q Grozavesti Campus 6.1 Q Grozavesti AFI Tech Park I Q Razoare Sema Parc - Building Berlin Q Splaiul Independentei ULTRACENTRAL Unirii View Q Unirii Day Tower Q Unirii Romana Office Building Q Dacia

3 THE DEMAND Total Transactions in S1 217 & S % growth of (Pre) Leases & Expansions in S1 218 (compared to S1 217) Decrease by 59% of the Renewal / Renegotiation transactions Stable total transactional volume in S1 218 vs. S1 217 (Pre) Leases & Expansions in S1 218, by location 4% 1% (Pre) Leases and Expansions Renewals / Renegotiations 5% 21% 35% Central-West Central-North Ultracentral Other Areas 34% Central-South Central-East Key Transactions in S1 218 Company Surface (sqm) Project (Pre) Leases & Expansions in S1 217 versus S1 218 ENEL 115 Day Tower PWC 8. Ana Tower UPC 5.5 The Bridge II Thales 5.3 Orhideea Towers Schlumberger 4.5 The Bridge II Spaces (IWG) 3. Unirii View London Stock Exchange 3. Campus Leases Pre-Leases Expansions

4 Contact About ESOP For any details regarding this material, you can contact us using the following coordinates: With more than 16 years of experience, more than 4, sqm of traded offices, ESOP is one of the most reputable and trusted real estate companies in Romania, and the only company with local capital among the main brokers in the commercial segment. ALEXANDRU PETRESCU Managing Partner Phone: MIRELA RAICU Partner Phone: Locally Owned. Globally Connected. Starting from 213, ESOP is working in conjunction with CORFAC International - Corporate Facility Advisors - an alliance of entrepreneurial real estate companies committed to providing quality services at local, national and international levels. CORFAC has 46 companies in the United States, 4 in Canada and 27 in international markets, including Australia, Great Britain, Switzerland, Colombia, France, Germany, Romania, Ireland, Israel, Italy, Mexico, Russia and South Korea. Companies in CORFAC have more than 11, rental and sales transactions each year, amounting to more than 46 million square meters, and worth over 7.5 billion Euros. IRINA GHITULESCU Research Consultant Phone: irina.ghitulescu@esop.ro MARIA NEDA PR Coordinator Phone: maria.neda@esop.ro LIMITED LIABILITY - ESOP Consulting l CORFAC International 218 This is a presentation of ESOP Consulting company that should not be construed as legal or investment advice. This report aims to present a market study and is based on materials belonging to our company and we have been provided and in whose fairness we believe. Although efforts were made to verify the accuracy and completeness of the material, we cannot guarantee that there are no errors. Interested persons will assume the responsibility for performing detailed research or evaluations before signing any agreement on the property / space that is subject to their interest. ESOP Consulting l CORFAC International assumes no responsibility for damages or losses arising from any inaccuracy or incorrectness of this report.

5 SOP Consulting l CORFAC International Locally Owned. Globally Connected. The Most Dynamic Office Poles in VICTORIEI - AVIATORILOR EXPOZITIEI - PRESEI LIBERE Expo Business Park sqm BASP Plazza - 5. sqm Ana Tower sqm City Rose Park I sqm The Mark - Podium & Tower Building 25. sqm Tiriac Tower sqm 94, Headline rents (Eu/sqm) : 15,- 17,5 ING Bank, Telekom, Rompetrol, PWC, WorldClass, E.ON UiPath, Deloitte, City Insurance, Systematics, Franklin Templeton ORHIDEEA - POLITEHNICA - TUDOR VLADIMIRESCU The Bridge - Phase II & III sqm Campus sqm 296, Headline rents (Eu/sqm) : 12-14,5 BCR, IBM, Bitdefender, Misys, NXP, Medicover, UPC, Schlumberger Business Garden Bucharest sqm Sema Park - Berlin sqm 44,2 Headline rents (Eu/sqm) : 18,- 2, 137, Headline rents (Eu/sqm) : 14,5-18,5 Oracle, Carrefour, General Motors, 1&1 Internet Development, Ericsson, Holcim, Deloitte BARBU VACARESCU - FLOREASCA Equilibrium - Phase I & II sqm Globalworth Square sqm Oregon Park -Bldg. C sqm ONE Tower Floreasca sqm 62,5 Headline rents (Eu/sqm) : 15,5-18, Enel, NTT Data, Spaces / IWG, Badea Clifford Chance, Pernod Ricard 48,5 Headline rents (Eu/sqm) : 14,5-16, The Light - Phase I, II sqm AFI Tech Park - Phase I & II sqm ROMANA - UNIVERSITATE - UNIRII Matei Milo Novotel Offices - 9. sqm Unirii View sqm Kruk, Kiss FM, LeasePlan, Zitec, DCS Plus, Impact Hub, Beller Soft, Tremend TIMPURI NOI - TINERETULUI Timpuri Noi Square III - 2. sqm Serban Voda Office Campus sqm