What is the average Class A rent in Bucharest?

Around 240 EUR/sqft/yr ($262 USD) across the broader Class A index. Trophy submarkets like Floreasca / Barbu Văcărescu command 20–40% above that.

How many months of rent-free are normal in Bucharest?

10 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Bucharest?

The Bucharest Class A market is currently flat. Vacancy is 13.4%, which sets the negotiating context.

Headline Class A rent in Bucharest is around 240 EUR/sqft/yr ($262 USD), with 10 months of typical rent-free on a 5-year term.

Headline Class A rent: 240 EUR/sqft/yr ($262 USD).
Trophy submarket rents (Floreasca / Barbu Văcărescu) push to roughly €288/sqm/yr · ≈ $28.9 PSF/yr USD.
Typical concessions on a 5-year deal: 10 months free rent.
Vacancy stands at 13.4% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Bucharest Class A office rents and incentives

Headline Class A rent in Bucharest is around 240 EUR/sqft/yr ($262 USD), with 10 months of typical rent-free on a 5-year term.

TL;DR

Headline Class A rent: 240 EUR/sqft/yr ($262 USD).
Trophy submarket rents (Floreasca / Barbu Văcărescu) push to roughly €288/sqm/yr · ≈ $28.9 PSF/yr USD.
Typical concessions on a 5-year deal: 10 months free rent.
Vacancy stands at 13.4% — market trend is flat.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Bucharest are quoted in EUR per sqft per year. Across the broad Class A index the figure is 240, but the trophy tier in Floreasca / Barbu Văcărescu reaches roughly €288/sqm/yr · ≈ $28.9 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Bucharest concessions on a 5-year Class A lease run to 10 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — Romanian corporate tax of 16%. 19% VAT. 1% turnover tax for micro-enterprises. Combined effective rate near 16%.

Where rents land by submarket

Floreasca / Barbu Văcărescu sits at the top end (~€288/sqm/yr · ≈ $28.9 PSF/yr USD). Cotroceni / Orhideea clears around €240/sqm/yr · ≈ $24.1 PSF/yr USD as the prime tier. The full submarket map is on the Bucharest city page.

Key facts

city	Bucharest
country	Romania
region	EMEA
classARentLocal	240 EUR/sqft/yr
classARentUsd	$262/sqft/yr
vacancy	13.4%
typicalLeaseYears	5
typicalRentFreeMonths	10
submarkets	5
primeYieldPct	7%
trophyRent	€288/sqm/yr · ≈ $28.9 PSF/yr USD
primeRent	€240/sqm/yr · ≈ $24.1 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Bucharest?: Around 240 EUR/sqft/yr ($262 USD) across the broader Class A index. Trophy submarkets like Floreasca / Barbu Văcărescu command 20–40% above that.
How many months of rent-free are normal in Bucharest?: 10 months on a 5-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Bucharest?: The Bucharest Class A market is currently flat. Vacancy is 13.4%, which sets the negotiating context.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction