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Office Market News

Romania, an attractive real estate market for CEE investors

Romania has remained an attractive real estate market for new or already existing investors in the Central and Eastern Europe (CEE) region, boosted by rising purchasing power and dominated by retail and office space, according to the KPMG Barometer on Real Estate Lending .

Skanska and Prime Kapital discuss to buy the GRIRO platform

One of the biggest transactions on the real estate market in Bucharest, on the site of a former communist factory, is beginning to take shape: GRIRO, controlled by businessmen Nicolae Badea and Fatih Taher, selected two real estate developers to see if they can sell 11 hectares of land.

The real estate market in Romania can be radically improved in four steps

Unified building and urbanization legislation, public and private sector cooperation, and the existence of fiscal facilities for "green" buildings or the creation of investment vehicles in real estate are some essential measures that would place the real estate market on solid bases and would attract easier investors in assets, in the opinion of lawyer Roxana Dudau, associate partner Noerr and a member of Bucharest Real Estate Club.

Demand for the office space market is 220,000 square meters in the first nine months of 2018

The rental demands on Bucharest office space in the first nine months of 2018 amounted to 220,000 sqm and 76 per cent of the premises traded this year are in Class A office buildings, according to a CBRE study.

BusinessMark will gather on November 21, 2018, at RadissonBlu Hotel in Bucharest, the most important players in real estate

The real estate market followed an upward trend in 2018, with positive results in all sectors of the market. On the background of the increased interest of companies for modern office space and a low vacancy rate, Class A office space segment in Bucharest and in regional cities will continue to grow at an accelerated pace in 2019.

Companies rented 73,500 sqm of offices in Bucharest during the third quarter

The office market in Bucharest registered a total volume of 75,300 sqm of rental transactions in the third quarter of 2018, of which the new request was 20,400 sqm. According to Colliers International real estate consultancy, the request came largely from the professional services and IT & C segments.

Everything about workplace, property and facility management - ROFMEX 2018, the most important event of its kind in Central and Eastern Europe

Following last year's success, ROFMA - the Romanian Facility Management Association organizes a new edition of ROFMEX - Romanian Facility Management Experience Days this year, between 8th and 10th of November.

TEADS Studio to relocate to a premium office building in downtown Bucharest

ESOP Consulting brokered a new headquarters transaction for TEADS Studio employees in the D'OR Business Center building. TEADS Studio, part of the TEADS group, the world leader in providing outstream video advertising, pre-leased an office space of 557 square meters.

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