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Office Market News

Good practice course for organizing and implementing professional cleaning procedures in buildings

On November 8, at Romexpo Exhibition Complex, a Good Practice Course will be held for the organization and implementation of professional cleaning procedures in buildings.

New in Romania: the first offices focusing on the well-being of the employees

Following the success of green certifications, real estate projects are entering a new stage of evolution, focusing on the human factor present in buildings. Skanska is a pioneer in this respect, being the first developer to introduce the WELL Building standard in Romania with the latest project, which ensures a healthy interaction of the employees with the space they work in.

Spaces to open its biggest center in Romania on 4,100 sqm in EXPO Business Park

Spaces has signed a lease agreement for its biggest center in Romania on 4,100 sqm office space, transaction brokered by CBRE, the world and local market leader in real estate consultancy.

Monthly occupancy cost for office spaces in Bucharest

Companies in Bucharest with offices in modern office buildings have a monthly occupancy cost between 175 and 500 euros per employee, according to an analysis by Cushman & Wakefield Echinox real estate consultancy.

Mindspace Study: How important is the workspace for Bucharest employees

A recent study by Mindspace, a provider of co-working spaces, has shown that the work environment is one of the most important elements a potential employee counts when considering a job offer.

The office market in Central and Eastern Europe will total € 5.8 billion in 2018

EUR 5.8 billion is the estimated investment volume this year in the office space market in Central and Eastern Europe (Poland, the Czech Republic, Slovakia, Hungary and Romania), according to a study conducted by Skanska, CBRE, Dentons and PwC.

Investors continue to diversify global real estate portfolios

Despite the current political environment, investors continue to target real estate assets. Strong occupier expansion, low vacancy rates and limited development pipelines have supported a gradual shift in market conditions to favour landlords, resulting in rental growth and stability across the majority of European markets during 2018.

US company Visteon is looking for 2,000 sqm of offices in Timisoara

Visteon, US electronic components manufacturer for the automotive is looking for office spaces in Timisoara in order to open an engineering center.

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Adina Camara

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