Occupancy costs per 11sqm workstation in an office building in Bucharest is around €3,300 per year, higher than in Budapest, where for a 12.6-sqm workstation, a company pays €3,250 per annum according to DTZ’s Global Occupancy Costs survey.
The annual occupancy costs per workstation in Bucharest fell 4% over the past 12 months to €21/month, while maintenance costs reached €4/sqm/month.

In Budapest, maintenance costs are still €4/sqm/month, but the average rent is €17/sqm/month, survey shows.

As for the space utilization standards per worker, Romania is among the countries with the smallest workstations. A Romanian employee in an office building in central Bucharest occupies 11 sqm, while an employee in Berlin occupies 20sqm, and in Paris 15sqm.

Little bit more crammed than Romanians are Russians, with only 10sqm space at their workplace.

“Growth in occupancy costs is expected to be relatively muted over the 2010-13 forecast period, in contrast to the strong growth in occupancy costs experienced in recent years. London’s West End market is, however, expected to remain the world’s most expensive location in coming years, with Hong Kong, Tokyo, Washington D.C. and Paris (CBD) rounding out the top five by 2013”, DTZ said.

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