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Office Market News

The post-millennial young people in Bucharest are most satisfied with their office

The post-millennial young people in Bucharest, belonging to the Z-generation (18-24 years), are most satisfied with their office, show the surprising results of the first study conducted by CBRE on the importance of the working environment of the office buildings for employees during 2018.

Globalworth Campus obtains BREEAM Excellent certification for the first two office buildings

Globalworth has obtained the "green" BREEAM certification at Excellent Level for Tower 1 and Tower 2, the first two office buildings in the Globalworth Campus project.

American Christopher Shonn joins Avison Young Bucharest

Christopher Shonn is the new Senior Adviser of the Capital Markets Division of Avison Young Bucharest, the local subsidiary of Canada's largest independent real estate broker.

Visteon has leased 5,000 sqm within the ISHO Office building in Timisoara for its new development center

US Visteon, a manufacturer of electronic components for the automotive industry, with sales last year of $ 3.1 billion, entered Romania and will open a new development center in Timişoara in the ISHO Offices building, where the company has leased 5,000 square meters.

The growth of the real estate market in Romania could be affected by the lack of predictability

Colliers International warns that the lack of predictability makes Romania less attractive for real estate investors.

Vox Technology Park, certified as the greenest real estate project in Romania by BREEAM

The Vox Technology Park office project in Timisoara was awarded the BREEAM final green certificate with Excellent rating and a total score of 86.7%, the highest achieved by a real estate project in Romania and the only one with a score of over 85%.

Former Textila Dacia factory in northern Bucharest is still for sale

The Transilvania Insolvency House (CITR) sells the land belonging to the former Textila Dacia factory in Bucurestii Noi, an area of over 52,000 square meters, with potential for a large real estate project.

M&A market in Romania in 2019: 100 transactions, NPLs will continue to decline

The merger and acquisitions market will total around 100 transactions in 2019, keeping a similar trend to that of the 2008-2018 period, according to Deloitte Romania.

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