NOVASTON: Office space market is in search of specialized representatives

Office space market has recovered from the effects of the pandemic. Investors and companies that invest in the real estate sector have continued building new high tech buildings and renovating the existing ones in the old part of the city. Also, new challenges brought about by the Ukraine war have turned into prospects on the domestic market. In turn, in the last few months, the rental market marked an active growth and Class A office space in the central city locations is more and more in demand.

Despite the initial pessimistic assessments due to global inflation and uncertainty, most experts reckon that the rental prices will continue going up due to constant high interest and higher construction prices. On the other hand, expecting the best possible service and conditions, lessees/buyers want to work with companies that come with experience and are specialized for commercial real estate sector. Those real estate companies are able to stay agile on a demanding market by offering a wide range of services, to act quickly and facilitate the most efficient transaction.