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Office Market News

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.

Fulga Dinu, the new country manager of Immofinanz in Romania

Fulga Dinu took over as Country Manager Operations Immofinanz Romania and coordinates the development of the company on the office and commercial centres market.

Retailer dm drogerie markt invests 13 million euros in a new headquarters and distribution center in Timisoara

German network dm drogerie markt will invest 13 million euros in a new headquarters and a distribution center in Timisoara.

Companies leased 38,000 sqm of offices in Bucharest, down compared to last year

The office market in Bucharest recorded a new net take-up of 38,000 sq m in the first quarter of this year. According to Colliers International, most of the area was rented by companies in the energy/industrial and IT & C segments.

Spanish developer sells houses on Amazon

Managing Partner at ONLINE REAL ASSETS - Digital Real Estate Company This is a first for the global commerce giant: Online real estate sales at Amazon.es. The Spanish developer Altamira has put up for sale about a hundred houses and apartments in Madrid, Barcelona and on the Mediterranean coast. The site allows the direct connection with a seller, but not yet the online purchase of the house. The proponent states that the first sales have already been made. Altamira AM is a real estate company, a subsidiary of the US investment fund Apollo. Its wealth in Spain is over 50 billion euros. This initiative is clearly the first step in a plan to rapidly increase the proponent's online real estate sales. Amazon.es is more shy about other real estate ads, as they are only present through links to the Trovit and Holapisos ad sites. We know that Amazon, like other Gafa, is very interested in real estate: tests were conducted in the United States in 2017. This Spanish initiative is probably in a much more ambitious vision for real estate.

The employee's well-being is the new trend in the office market

New generations of employees are looking for a complete experience, bringing together office, retail, wellness and residential areas.

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