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Office Market News

Yannick Van de Parre, appointed Speedwell Country Manager for Romania

Speedwell Development has appointed Yannick Van de Parre as Country Manager for Romania.

Layher will develop warehouses and offices for its own business in Romania

Scaffolding manufacturer Layher will develop its own storage and office building in Romania, where it will move its current activity from rented spaces in Bucharest and Cluj, according to the publication profit.ro.

Gránit Asset Management buys the first Equilibrium building from Skanska

Gordiusz Private Equity Fund, managed by Gránit Asset Management, has signed a purchase agreement to acquire the shares of the Romanian project company that owns the Equilibrium 1 office building in Bucharest, owned by Skanska. With the transaction, Gránit Asset Management aims to further expand its international real estate portfolio and strengthen its presence in the Central and Eastern European real estate market. The acquisition fits into the fund’s long-term strategy for Budapest, Bucharest, Belgrade, Vienna and Bratislava, which aims to build a sustainable and premium office portfolio in the region.

One United Properties signs the acquisition of a 21-hectare land for the new One City District community

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use and office real estate in Romania, has signed with CPI Romania the acquisition of a 21-hectare plot in Bucharest’s Sector 5 for the development of the residential area and the creation of the new One City District community. The acquisition price amounts to 21 million euros.

Record edition of the RE/MAX Romania National Convention – over 500 participants and over 200 awards awarded

The RE/MAX Romania National Convention, the network’s flagship event, took place this year on March 27–28 at the Elitis Event Center, Cluj-Napoca, bringing together a record number of over 500 participants. The event brought together real estate industry leaders, network professionals and renowned guests, in a setting dedicated to the exchange of know-how, best business practices and the consolidation of the RE/MAX community. At the same time, over 200 awards were presented in recognition of the performances achieved by agents, brokers and offices in the previous year.

Iulius invests 80 million euros in the redevelopment of the Palas Iaşi mixed-use complex

Iulius company has started a project to redevelop the Palas Iași mixed-use complex, with an investment estimated at 80 million euros, based on a concept created by the renowned architecture firm Foster + Partners.

Romania’s banking sector has a low exposure to commercial real estate, indicating stability and growth potential

The exposure of the Romanian banking sector to the commercial real estate market (excluding the residential segment) exceeded RON 100 in September 2024, representing half of the total exposure to non-financial companies, according to Cushman & Wakefield Echinox data, based on NBR reports.

Extind Cowork+, new coworking space, officially opened in Iași

Extind Cowork+, a new corporate coworking space in Iași, has officially opened its doors, offering a modern and flexible environment for teams and companies looking for an efficient alternative to traditional offices.
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