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Office Market News

Bosch Group to invest EUR 7 million in office building within its Blaj factory in Romania

Bosch started construction work at a new administrative building at the Blaj plant in Alba County. The necessary investment amounts to over seven million euros.

Oregon Park office complex in Bucharest sold to Lion’s Head Investments

Lion’s Head Investments makes its first steps into the Romanian real-estate market and announces the acquisition of Portland Trust’s and Ares Management’s Oregon Park project, which consists of three class A Office buildings set in the Northern part of Bucharest.

Real estate investment market in Romania, 75% down in the first quarter of 2018

The volume of real estate investments in Romania, in the first three months of 2018, amounted to only 35 million euros, with only three transactions concluded, according to real estate consultancy company JLL Romania.

Oregon Park Office Building in Bucharest Wins Overall Building of the Year SEE during Warsaw Gala

Building B within Oregon Park office complex developed in Bucharest by Portland Trust has recently won the 2018 CEEQA Award for “Overall Building of the Year SEE”.

Regus opens its eighth office in Bucharest within the Anchor Plaza office building

Flexible office solutions provider Regus, a Luxembourg-based company, opened its eighth location in Bucharest in Anchor Plaza office building.

Over 90% of the groups of companies active in Romania are multinationals

Romania had approximately 73,000 multinational groups of companies in 2016, out of a total of 78,181, according to the National Statistics Institute.

Romanian construction market will reach a record of the last decade

Construction sector business will be closer to 30 billion lei this year (EUR 6.5 billion), equivalent to an advance of over 3 billion lei compared to the level of 2016, a record for the last decade, according to experts from Arabesque, the distributor of construction materials.

Skanska sells the first office building within Campus 6 in Bucharest to CA Immo for 53 million euros

CA Immo acquired the Campus 6.1 office building in Bucharest from Skanska, the transaction value being about 53 million euros.

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Adina Camara

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