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Office Market News

CBRE takes charge of the operations of NEPI Rockcastle’s office portfolio in Bucharest

CBRE, the world and local market leader in real estate consultancy, was mandated with the property management of NEPI Rockcastle’s office portfolio in Bucharest, consisting of three emblematical buildings: Floreasca Business Park, The Lakeview, and Aviatorilor 8 (former Victoriei Office).

Investment fund White Star Real Estate could buy Liberty office project in Cluj-Napoca

Friborg Development, the real estate division of the investment fund Friborg Capital, controlled by Ion Sturza, former prime minister of the Republic of Moldova, is negotiating the sale of Liberty offices project in Cluj-Napoca with the american investment fund White Star Real Estate, according to market data.

Office rent transactions in Romania, 41% growth in Q1 2019

Office space transactions registered in Romania in the first quarter approximately 124,500 square meters, almost 41% more than in the first quarter of last year.

The 6th edition of the Romanian Financial Conference

BusinessMark invites you to the Romanian Financial Conference conference on April 17 at Radisson Blu Hotel in Bucharest. The conference represents a good context for debating the financial and banking sector, bringing together management representatives of the leading banks, financial institutions and fintech companies present on the Romanian market.

Drumul Taberei subway line in Bucharest could be completed this year

According to Metrorex, this month, on 9th of April, Metrorex will sign the contract for automation. In the absence of this contract, Drumul Taberei line, the fifth of the capital city, could not be used.

AFI Europe expands the AFI Park office complex to 200,000 sqm

AFI Europe will start of a new project on the 4.3 hectare plot, bought last year for 23 million euros from Broadhurst Investments. According to the project, AFI Europe will expand the AFI Park office buildings, but will also add a residential component with about 300-350 apartments.

Aroundtown acquires an 11.8% stake in Globalworth

Globalworth, the leading office investor in the CEE region, announces that the real estate company Aroundtown decided to join the real estate company by acquiring an 11.8% stake.

Vox Technology Park leases 1,600 sq.m.

The office market from Timisoara is passing through a new stage of development: the relocation of companies from Class B spaces to Class A offices and the increase in attractiveness of modern office projects for companies with less than 50 employees.

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Alexandra Filip

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