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Office Market News

Vastint Romania signs lease with ÖBB Rail Cargo Group for Business Garden Bucharest offices

Vastint Romania has secured a new lease with ÖBB Rail Cargo Group, Europe’s leading rail logistics company, for approximately 600 m² of office space in C building of Business Garden Bucharest.

Cushman & Wakefield Echinox: Over 1 million square meters of new office space leased across Romania in the last 5 years

IT companies, manufacturing & industry, and the medical & pharma sectors, have been the most active in the office leasing market over the past 5 years, generating more than half of the new demand for office spaces, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Colliers: Land continues to be a strategic investment despite the uncertainty in the economic and political climate

Romania’s land market remained stable in 2024, with transaction volumes close to the 450 million euro recorded in 2023, despite an economic and political climate marked by uncertainty, according to Colliers' annual report. Bucharest and its metropolitan area continued to be the main hub for transactions, accounting for 80% of the total, while residential projects made up 70% of these deals.

Real Estate & Construction Forum 2025: What will the real estate market look like this year?

On February 28, 2025, 26 representatives from major companies discussed how 2024 looked in the real estate market and what the forecasts are for this year. At the same time, they shared with the approximately 200 industry leaders present at the 20th edition of the "Real Estate & Construction Forum" event what the biggest challenges currently facing the retail, industrial & logistics, office and residential sectors are, both regionally, nationally and internationally, given the current macroeconomic context and the legislative changes impacting the field.

Discover the Trends Shaping the Building Management Services Industry

The latest edition of the Property & Facility Management Conference, an event dedicated to professionals in property management and commercial building portfolios, highlights the most recent development opportunities for 2025. The conference will take place on March 18 at the JW Marriott Hotel in Bucharest, offering a comprehensive guide to advanced solutions for increasing building efficiency sustainably through automation technologies, data analysis, and measurement.

Workspace Studio reaches 27 million euros in 2024, with over 100,000 sq m of modern, furnished and equipped offices

Workspace Studio, a leader in ergonomic design and employee-centric design solutions, announces solid results for 2024, with a turnover of 27 million euros, up 20% compared to the previous year. The success was supported by the completion of large-scale projects for top companies, but also by numerous collaborations with medium and small companies, all benefiting from the same orientation towards superior quality in design, products and execution – a determining driver of Workspace Studio's positive dynamics in recent years.

One United Properties posts a consolidated turnover of 285.5 million euros and a gross profit of 88.6 million euros in 2024

One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a preliminary turnover of 285.5 million euros in 2024, gross profit of 88.6 million euros, while the net profit for the year stood at 76.7 million euros.

Țiriac Imobiliare Secures Approval for Major Mixed-Use Project in Timișoara, including an office component

The Timișoara City Hall has approved the Zonal Urban Plan (PUZ) for a large-scale urban regeneration project by Țiriac Imobiliare, the real estate company owned by Romanian billionaire Ion Țiriac.

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Alexandra Filip

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