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Office Market News

Real estate investment market in Romania: 940 million euros in 2018

The volume of transactions registered in 2018 is 940 million euros, a level similar to that seen in 2017, but 30% higher than the figure reported in 2016, according to an analysis by CBRE.

Mindspace opens the first coworking space in Romania in Globalworth Campus

With an area of 4,446 sqm, distributed on two floors, the Mindspace Business District can accommodate over 730 members - companies, start-ups, entrepreneurs and freelancers.

Bucharest is among the top cities with the most and youngest employees in the high tech industry

Bucharest has ranked as one of the most highly experienced cities in the high-tech industry, currently employing more than 70,000 employees, shows a deep-seated research into Europe, the Middle East and Africa region (EMEA) carried out by CBRE.

Land transactions in Bucharest reached 245 million euros last year

Developers and real estate investors registered last year, in Bucharest, acquisitions of land with a cumulative value of about 245 million euros, a new record of the last ten years.

Investment volumes in the CEE markets hit EUR 13.8bn in 2018

The real estate consultancy company Colliers International reveals in its latest CEE report, Outlook 2019: Climbing at the altitude, that we ascended to record volumes of EUR 13.8bn in the CEE region, up 5% year-on-year in 2018. For 2019, Colliers experts expect the Eurozone interest rates to be flat-lining at zero, thus keeping liquidity high, buyers interested and helping pricing to plateau. We foresee selective compression in capital city prime office yields.

Morgan Stanley considers the acquisition of Hermes Business Campus office project in Bucharest

Morgan Stanley Real Estate Romania, the local division of the American giant, looks at the possibility of acquiring the Hermes Business Campus in Bucharest, situated in the Dimitrie Pompeiu area, from Belgian developer Atenor, according to market data.

The construction of the second office building within AFI Tech Park will start in May

AFI Europe real estate developer announces the beginning of the construction of the second building in the AFI Tech Park office building.

The office space market, over 300,000 m2 announced for 2019

Demand on the office space market reached 325,000 m2 in Bucharest at the end of 2018, shows the balance of the evolution of the office space market in Bucharest in 2018, a study conducted by CBRE.

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