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Office Market News

Property investments in Romania soar to €655 million over nine months

Romania's property investment market reached close to €655 million in the first nine months of 2024, up by 169% compared to the same period of last year, according to an iO Partners report.

One United Properties contracts development financing for One Technology District

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces a financing facility for the development of One Technology District, the largest semiconductor chip R&D centre in Southeastern Europe currently being developed for Infineon Technologies.

SkyRun 2024 raises €20,000 for charity and sets new records with over 800 participants from six countries

SkyRun 2024, the stair running competition, organised by SkyTower Bucharest, exceeded all expectations, attracting over 800 participants from six countries: Romania, Bulgaria, Austria, Moldova, the UK, and Italy. Originally organised for 700 participants, the final count surpassed this target, including 100 children and teenagers aged 7 to 17, marking the first year that the event opened its doors to younger athletes. The youngest participant was just 7 years old, while the oldest competitor was 77, highlighting the inclusive and multi-generational appeal of the event.

International Workplace Group (IWG) opens an ultramodern Regus center in the center of Iași

A new ultramodern flexible workspace will open in the center of Iași by the International Workplace Group (IWG), the world’s largest provider of hybrid work solutions, which includes brands such as Spaces and Regus. Demand for space in IWG locations has grown significantly in Romania as employees increasingly adopt hybrid working.

Interviews

Optimal Office: The Newest Modern Solutions for Offices in Cluj-Napoca

In a constantly changing market, Optimal Office offers a flexible workspace adapted to the needs of modern companies. It's more than just an office – it's a place where efficiency and comfort meet to create an ideal work environment. We spoke with Ioana Marin, co-founder of Optimal Office, about the office concept and the advantages for its clients.

ESOP Consulting, one of the pioneers of modern office and industrial space brokers

ESOP Consulting is a reference company on the real estate market in Romania, being among the top 10 consulting companies in the office and industrial space segment, offering real estate consulting services for various types of properties, including offices, industrial properties and land. We spoke with Alexandru Petrescu, Managing Partner ESOP Consulting | CORFAC International, to learn in detail the ingredients of a successful local business in the field of premium real estate consulting, but also for a lesson in organization, vision and business clarity, useful for any real estate entrepreneur, as wel as for any company that has, at some point given, interference with the real estate market (whether it is the rent of a premises or the management of its own assets). And last but not least, to turn a page in the modern history of the real estate market in Romania.

Transactions

Date Business Center Tenant m2 Lessor
2024 Q4 Equilibrium 2 Henkel 4000 iO Partners
2024 Q4 Bucharest Business Park (BBP) Insignis 673 Fortim Trusted Advisors SA
2024 Q4 Business Garden Bucharest International Workplace Group 1900 Vastint

More Transactions »

Best of 2024

  • Largest Rental:

    Hermes Business Campus - Griffes, with 29000m2 rented space

  • Most Active Office Building:

    Hermes Business Campus, 1 rentals, with 29000m2 rented space

  • Most Active Lessor:

    Griffes, 1 transactions, transactions total space: 29000 m2

Advice from Experts

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ADINA CAMARA

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ALEXANDRA FILIP

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