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Office Market News

Flavours opens its ninth Stradale Restaurant in Tower I office building within Globalworth Campus

The ninth Stradale restaurant, created by Chef Foa alongside the Flavours team, will be opened in Tower I building developed by Globalworth on Dimitrie Pompeiu Boulevard in Bucharest, in an area of more than 600 sqm.

The number of employees in modern office buildings in Bucharest reached 250,000

The number of employees in Class A and B office buildings in the Romanian Capital reached about 250,000 at the end of last year, while the total number of employees exceeded the threshold of one million in January 2018, according to a study by Cushman & Wakefield Echinox.

Romania’s largest office transactions market share - office transactions with areas between 1,000 and 3,000 m2

In the first three months of 2018, about half of the new office space transactions, pre-rentals and expansions covered areas ranging from 1,000 to 3,000 sqm, according to a study of ESOP Consulting company CORFAC International. This segment of the market is growing due to new tenants who opt for medium-sized office space.

Porsche Engineering Romania to rent 3.500 sqm offices in the Vivido project in Cluj-Napoca

Porsche Engineering Group, a local subsidiary of Porsche Engineering Group GmbH, has rented an area of 3,500 square meters of modern office space in the Vivido project in Cluj-Napoca, the largest area taken over the past 12 months in the largest regional office market outside Bucharest.

Pernod Ricard Romania rents offices in Unirii View for its new headquarters in Bucharest

Pernod Ricard Romania, one of the largest importers of alcoholic beverages in Romania, rented an area of 600 square meters of office space in Unirii View, the tallest modern office building in downtown Bucharest.

Deloitte: Weak year start on the merger and acquisitions market in Romania

Romania's merger and acquisitions market amounted to 258 million euros in the first quarter of 2018, according to a Deloitte Romania analysis based on public sources and transactions with disclosed price. The level is significantly lower than in the first quarter of 2017.

PwC, the first tenant in Ana Tower from Bucharest, renting offices of 8,000 sqm

Businessman George Copos concluded with PricewaterhouseCoopers Romania, one of the world's largest professional, consulting and audit services companies, a 8,000-square-metres rental agreement in the Ana Tower project, an office tower in Bucharest, with the height exceeding 100 metres.

Unlock research: Companies return back into the city

The time spent from home to the office by the employees, a decision influencing the choosing an office building.

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