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Office Market News

FIC Business Sentiment Index – September 2018 results

The most recent results of the FIC Business Sentiment Index (carried out in September 2018) brings some important insights on both workforce and fiscal related topics. Still there is a continued dichotomy between FIC members expecting higher revenues and business growth in the short-term but being concerned about the lack of infrastructure and stability of the regulatory framework. FIC maintains its position that, in due time, the lack of predictability and of investments will reduce the economy’s competitiveness and long-term growth potential.

Coldwell Banker Romania to apppoint Georgia Cailean as CEO

Coldwell Banker Romania has named Georgia Cailean as CEO. Cailean has over 14 years of experience on the local market and in the region.

Expected real estate transactions of one billion euros in 2018 in Romania

The year 2018 will most likely attract at least the same volume of real estate transactions as the previous year, about one billion euros, Savills consultants believe.

Globalworth plans to develop 130,000 sqm office in Bucharest and 175,000 sqm industrial in Timisoara

Globalworth has reached at the end of the first semester of 2018 a portofolio of assets valued at EUR 1.2 billion in Romania and is planning new real estate investments in the country.

Expectations of the Romanian employees from their job

For most of the employees, lunch has become essential, and its quality has become a significant hiring criterion, shows the third edition of the "Semi-annual Barometer on Labor Market Outlook" conducted at the beginning of the year by Train Your Brain and Frames Media Network.

Leading marketing agencies join forces to leverage Proptech solutions for the UK and European real estate markets

Online Real Assets and Lodestar have signed a joint agreement to provide the real estate sector with high-value integrated services. The deal will cover both the UK and Central and Eastern European markets.

The next ten years on the office market in Romania

Ten years ago, the financial crisis of particular severity brought countless countries into recession, including Romania. In the last decade, Romania's economy has undergone a number of changes, also marking significant progress, including in the real estate sector, whose prospects for the next 10 years offer an attractive risk / reward profile, according to the Colliers International real estate consultancy Romania.

The first COS showroom in the west of the country opens in Timişoara within ISHO office project

Corporate Office Solution (COS), the turn-key office specialist, will open the first showroom that the company has in the West of the country, in a generous space in the ISHO Offices building. This is the third COS showroom in Romania, the other two being functional in Bucharest and Cluj-Napoca.

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