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Office Market News

COS is strengthening its portfolio and activity at the national level and reports an annual business volume of EUR 29 mln

COS, one of the most important providers of integrated fit-out services and pioneer of this segment in Romania, reports a business volume of 29 million euros in 2023. In a stagnant office market in from the point of view of the supply of new buildings delivered last year, the company is consolidating its cross-sectoral and national activity, diversifying its sources of income at the same time.

An increasing number of employees are returning to the office. Some companies have started adding positions such as Workplace Experience Manager to their organizational chart

The hybrid working system, which combines remote work with in-office presence for the entire team, has remained in practice in many companies even after the end of the pandemic, but the number of employees returning to the office is growing, note consultants from the Asset Services department of Colliers Romania, which manages about 640,000 square meters of real estate, nearly 600,000 square meters of which are offices.

One United Properties’ shareholders approve 70 million euros share capital increase

The shareholders of One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, approved, during the General Meeting of Shareholders held on May 28th, 2024, the share capital increase operation with cash contributions that will raise 70 million euros to finance the Company's next growth phase. The GMS quorum was over 80%.

Pavăl Holding, the investment vehicle of Dedeman owners, achieved profits of 2.3 billion lei in 2023

Pavăl Holding, the investment vehicle of the brothers Adrian and Dragoş Pavăl, the owners of the DIY Dedeman network, recorded a net profit of 2.3 billion lei in 2023, 52% more than the previous year, according to data published by the Ministry of Finance.

DP World Romania opens a new branch and expands business area in Romania at One Cotroceni Park

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, is pleased to announce that DP World Romania, a global leader in logistics and supply chain solutions, is expanding its business operations within Romania and is opening an office in the prestigious One Cotroceni Park class A office building. The new lease agreement followed an efficient real estate process led by CBRE Romania and spans a term of 10 years, covering a surface area of 700 square meters.

Enayati Medical City is expanding with two new locations in the north of Bucharest

Private healthcare provider Enayati Medical City achieved a 46% increase in its medical subscription and long-term hospital care revenue in the first quarter of 2024 compared to 2023. The company expects to reach a turnover of 80 million euros by the end of 2026.

Genesis College rents over 10,000 sq m in one of the OMV Petrom City buildings

Genesis College, with over 25 years of experience in the Romanian market, is taking a strategic and significant step towards development by expanding its educational space. This expansion is made possible by leasing one of OMV Petrom's buildings in the northern part of the Capital.

The new REHAU Romania offices in Cluj - A commitment to sustainability and employee satisfaction

REHAU Romania underlines its firm commitment to cultivate an exceptional work environment and increase the satisfaction of its employees by inaugurating new offices in the center of Cluj-Napoca. This continues the approach of prioritizing employee well-being by relocating its offices from key cities such as Bucharest and Cluj-Napoca and consolidates the "Great Place to Work" status received last year.

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Alexandra Filip

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