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Office Market News

How to cut down the operating costs of buildings?

Building Management System (BMS) is the neural network of intelligent buildings. These systems allow building owners and tenants to monitor, maintain and manage the mechanical, electrical and electromechanical functions within a property.

Morgan Stanley will sign the takeover of America House from AEW Europe this summer

The transaction between AEW Europe and Morgan Stanley for America House, a 27,500-square-metres office building in Victoria Square in Bucharest, could be signed this summer after negotiations lasting at least two years.

Endava software company opens new centers in Timisoara and Brasov

Endava, one of the top five software companies in Romania announces the opening of two new offices in Timisoara and Brasov.

The modern office stock in Cluj Napoca reached 300,000 sqm

Cluj-Napoca becomes the first city in the province to reach the threshold of 300,000 m2 of modern office space after the inauguration of several new buildings in the first part of this year.

First Bank sells the office building in Victoriei Square, where the bank's headquarters are located

First Bank, owned by the US investment fund J.C. Flowers sold the office building in Victoriei Square, where the bank's headquarters are located, to the businessman Dorin Mateiu, in a deal worth more than 20 million euros

Continental, an investment of 27 million euros

Continental, a technology company, has begun work to expand the existing office building. The building was designed for up to 1,700 seats, as well as a full test and validation area for products developed within the company.

The real estate consultancy market in Romania, estimated at about 80 million euros

RE/MAX Romania estimates that the real estate market in Romania has reached about 80 million euros. At the same time, given the rise in European industry figures, which also influence local trends, along with steady growth signals in recent years, experts estimate that this segment has a doubling potential in about 5 years.

MEDIAFAX GROUP relocate its headquarters to One Victoriei Center office building

Mediafax Group is moving its headquarters in One Victoriei Center, the office building located near Piata Victoriei, where it has leased a surface of 2,235 sqm. The transaction was intermedieted by Regatta Real Estate.

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