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Excusive OT - Paun, Colliers: Outsourcing took about 40% of the 2015 office market

Business processes and IT outsourcing and shared services centers have taken about 40% of the overall offices demand from the overall market in 2015, tells Outsourcing Today the associate director of Colliers International (Romania), Andreea Paun.

2016-02-05 12:29:46 - by Bogdan Tudorache

"There is an overall trend from Europe and US to offshore services towards the CEE and this resulted in many new investors coming to Romania as well.

It is hard to estimate how this year will evolve, but there are at least three large banking and financing entities that will either bring in new lines of business or expand their local activities, mainly in Bucharest. There are also many investors pledging in more for Timisoara and Cluj as well, with the 2018 horizon," she says.

"While Cluj is a real magnet for investors, benefiting from trained personnel especially into IT field, Timisoara, Iasi and Brasov are quickly developing their own outsourcing and automotive centers."
While local authorities are sluggishly keeping up pace with the investors' momentum, Cluj municipality found a way to incentivize new businesses.

As Cluj grows more into IT&C, Brasov and Timisoara saw more automotive investors, but also outsourcing companies pouring in.

"Cluj is the best option after Bucharest, having the largest number of new buildings and also technical universities that satisfy the labor demand. Cluj delivers 200,000 sqm of quality offices stock and 30-60,000 will follow in the next two years. Next in line as stock volume will be Timisoara, and though the stock is smaller, it attracts automotive, BPO and software investors. One of the larget projects there, the Openville project built by Julius group, brings in 100,000 of new sqm, besides CBC (built by Nepi) and Optica office buildings," she concluded.

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