Office rents in capital city Bucharest increased by up to 15.8% over the last 12 months (June 2023 vs. June 2022), with the prime headline rent in the CBD area (Piata Victoriei – Aviatorilor) reaching EUR22 per square meter, an increase which also translated to other submarkets, in line with data from real estate consulting firm Cushman & Wakefield Echinox.