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Office Market News

A new office tower to be developed in Victoriei Square Bucharest by the local businessman Ion Ţiriac

Businessman Ion Ţiriac plans to develop a new office project in the Central Business District of Bucharest - Piata Victoriei area.

Over the next 5 years, half of the Romanian office building developers will opt for WELL certifications

Real estate developers pay more attention to the environment by developing efficient and sustainable green certificates. With a history of nearly four years, the WELL Building standard completes these certifications and draws attention from the impact of the built environment on employee health.

ANAF to relocate to former Antena 3 headquarters by the end of this year

Minister of Public Finances, Eugen Teodorovici, stated during a television show on the national TV station that there is an intention to move the headquarters of the National Agency for Fiscal Administration to the former headquarters of Antena 3.

New office projects raise the price of apartments with 15%

The prices and rents of apartments situated in the proximity of the office compounds are higher by a few percent than in other areas, as the two categories - office buildings and residential buildings - are closely interconnected, real estate consultants believe.

The Goethe Institute moves to the D'OR Office building in Bucharest

The Goethe Institute will move from 24 July to a new, bigger and more modern office on Calea Dorobantilor in Bucharest.

Outsourced project management market will grow by over 20% in 2018 in Romania

The local project management market, which has seen a steep rise in demand lately, will grow by over 20% in 2018.

Investors in the office market attracted by regional cities as an alternative to Bucharest

The accelerated economic development of the major regional centers in Romania is beginning to affect their real estate market as well. According to the Colliers International real estate consultancy, there are strong arguments to support the increased interest in office space rentals and the strong investment potential, so cities such as Cluj-Napoca, Timisoara, Iasi or Brasov offer an alternative to Bucharest.

Vitacom Electronics is looking to relocate its headquarters in Cluj

Vitacom Electronics, a Romanian company specialized in the sale and distribution of electronic products, is looking for new headquarters in order to support the company’s growth.
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