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Office Market News

2018, a turning year for real estate in Romania

The investment volume of investment in the office market could increase this year to 500 million euros, from 160 million euros in 2017, as 2018 is a year of turning in this segment, the projects underway for the next period including centers offices with an average surface area of more than 50,000 square meters, compared to an average of 20,000 sqm in those traded up to now, according to the report of the Colliers International real estate consultancy company.

Cities of Tomorrow #6 - Round Tables

The event moderators gladly invite you to debate together the topics of Cities of Tomorrow #6 at one of the round tables!

Forbes Best Office Buildings Gala 2018

Forbes Romania organizes on February 26, 2018 at the Intercontinental Hotel - Fortuna Hall – its Best Office Buildings Gala, an event dedicated to the most relevant real estate projects in the Romanian office segment.

Societe Generale European Business Services reaches 17,000 square meters in the West Gate office park

Western Gate Business Park, owned by Genesis Property, a company controlled by Liviu Tudor, signed the sixth consecutive expansion of Societe Generale European Business Services, up to an area of 17,000 square meters.

Study: Work Expectations of Romanian IT Specialists

IT specialists expect from the employer a competitive salary offer, concern for employee, time for a personal life, a flexible work program and career development opportunities, shows a study of Babeş-Bolyai University (UBB) in Cluj-Napoca about the psycho-social profile of IT employees, quoted by Mediafax.

AFI Europe Romania leases 2,000 sq m in AFI Tech Park to GAME WORLD GROUP

AFI Tech Park business campus, the new office destination currently developed by AFI Europe Romania, signed a new lease agreement of approx. 2,000 sq m in AFI Tech Park 1 with GAME WORLD GROUP. The excellent lease terms offered by AFI Tech Park, including a no VAT base rent, provided the grounds for the leading gaming company to relocate to the new class A office park.

One United Properties invests EUR 100 million in mixed-use project developed in northern Bucharest

One United Properties, a real estate developer controlled by Andrei Diaconescu and Victor Capitan, will invest 100m euros in a real estate project that involves the construction of three apartment buildings and an office tower on the former Automatica platform in northern Bucharest, at the intersection between Mircea Eliade Blvd and Calea Floreasca.

Office take-up in Bucharest increased by 10% in 2017

Net take-up for new office space in Bucharest, including expansions and new contracts, amounted to 171,000 square meters last year, up 10% from 2016, with average rental area of about 1,300 square meters, according to the latest market report real estate consultancy JLL.

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