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Office Market News

Business executives expect automation to increase workforce capacity by 27% over the next three years

Business executives expect automation solutions such as robotics, machine learning and natural language processing to increase workforce capacity by 27% over the next three years, shows the latest Deloitte Automation with Intelligence Survey, conducted on over 500 organisations in 26 countries worldwide, including Romania.

Commons opens a new coworking space in Baneasa

Commons will open in October its third coworking space in Bucharest. The new Commons space is located in the Victoria Business Park building owned by IMMOFINANZ, located in Baneasa area. This is the company’s third coworking space opened in Bucharest, thus strengthening the company's position on the city’s office space market.

More Fortune Global 500 companies locating in CEE-6 will increase demand for commercial real estate

Now, Romania counts 105 companies out of the global top, while Poland or Czechia count 139 and 111 respectively.

Vox Technology Park leases 1,200 square meters to Nestle, MHP – A Porsche Company and Tech Mahindra

Office project Vox Technology Park from Timisoara leased 1,200 square meters of office space to Nestle, MHP Romania – part of Porsche Group, and to Tech Mahindra.

CBRE continues to manage the Campus 6.1 building

CBRE has been mandated by the CA Immo investment fund to provide property management services for the Campus 6.1 office building, located in the central - western area of Bucharest, being the first time when CA Immo outsources property management services for a project in its portfolio.

The future is of buildings connected to the Internet

Connecting a building to the Internet to manage from security to parking systems, from ventilation to heating, has become a reality based on digital technologies.

Colliers International Appoints Andy Hay as New Head of EMEA Real Estate Management Services

Leading global commercial real estate services and investment management firm, Colliers International, announced the appointment of Andy Hay as its new Head of EMEA Real Estate Management Services (REMS) effective immediately.

AFI plans to expand the offices near AFI Cotroceni mall with 30,000 sqm

AFI Europe, the owner of the AFI Palace Cotroceni mall, is considering adding 30,000 sqm of offices as an extension to the mall, according to Ziarul Financiar.
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