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HomeNEWSMajor shift in the office market: banking overtakes IT in 2025

Major shift in the office market: banking overtakes IT in 2025

Crosspoint Real Estate strengthens its position amid market realignment

Crosspoint Real Estate, International Associate of Savills in Romania, brokered office leasing transactions totaling 11,500 sqm in 2025, in a year marked by significant structural changes across the market.

“The 2025 results confirm Crosspoint’s strategic direction and our ability to perform in a demanding market environment. We have built a strong team with real expertise and the ability to anticipate client needs. In 2026, our objective is clear: accelerate growth, invest in people, and raise service standards by delivering solutions that create real and lasting value for our clients,” said Valentin Neagu, Managing Director of Crosspoint Real Estate.

Read also: Insolvencies remain high at the end of 2025, exceeding 1,000 cases in December

More than 60% of the transactions recorded in 2025 were new lease agreements, supported by the team’s reorganization and improved coverage of Bucharest’s main business hubs.

“Even in a year full of uncertainties, our team managed to turn challenges into opportunities. The high share of new leases reflects both companies’ confidence in the Romanian market and our determination to support their expansion,” explained Mădălina Marinescu, Head of Office Agency.

Financial services take the lead

According to Crosspoint’s analysis, 2025 brought a change in hierarchy among tenant sectors. Financial and banking companies accounted for 25% of Bucharest’s gross leasing volume, overtaking IT for the first time, which held a 23% share. This evolution aligns Romania with broader European trends, where financial services drove office demand in 2025.

IT remains the leader in net leasing, with 36,000 sqm, representing 28% of the total net take-up of 130,000 sqm, up 17% year-on-year. Gross leasing volume, including renegotiations, reached 245,000 sqm, down 30% compared to 2024.

“The IT sector is going through a challenging period, driven by AI adoption and workforce adjustments following the hiring boom of 2020–2022. In 2025, these effects became visible on the local market as well,” noted Ilinca Timofte, Head of Research.

In terms of office hubs, the Centre-West area remained the most sought-after location, accounting for 29% of total leasing activity, followed by Calea Floreasca–Barbu Văcărescu with 18%. CBD and Dimitrie Pompeiu each generated 15% of transactions, while the central area reached 13%.

Photo: freepik.com

Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
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