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Office Market News

A record area of office space in boutique buildings to be delivered in 2018-2019

By the end of 2018, eight boutique office buildings with premium locations and finishes will enter the office market in Bucharest, with a total area of 31,949 sqm, according to a study by ESOP Consulting.

Spaces to open its third co-working center in Expo Business Park

Spaces, a pioneer in office creative spaces, announces the opening of its third location in Bucharest, within Expo Business Park, on 1st to 3rd floors, as well as expanding the company’s services to the northwest of the city. The new space will be put into use in the third quarter of 2019.

Unirii View office tower has been completed and delivered 80% pre-leased

Unirii View, the tallest modern office building in downtown Bucharest, has been completed, in record time, following an investment of approximately 33 million Euros. The first companies that took up office space in the project already started to relocate their headquarters, whilst most others will follow in the immediate period.

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.

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