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Office Market News

Real estate investments in Romania, much lower than in Poland and the Czech Republic

Romania has reached a real estate investment volume of about 400 million Euros in the first half of the year, a quarter compared to Poland (1.5 billion Euros) and even farther than the Czech Republic (2 billion Euros).

Romania's merger and acquisitions market reached 898 million euros in the third quarter

The merger and acquisitions market in Romania reached 898 million euros in the third quarter of this year, the value of trades tripled, the number rising by 20% compared to the same period last year, according to an analysis conducted by Deloitte Romania.

Evolution and performance in the Romanian facility management industry

In correlation with the real estate sector in this part of Europe, management, maintenance and operation of built-up areas - which are conventionally the scope of the facility management (FM) industry in Romania - as services provided exclusively by specialized firms - appeared in Romania relatively late, after 1992, but registered a strong development, especially after the year 2000.

How to move forward Romania’s growth story at the 4th edition of Foreign Investors Summit

Business Review magazine announces the 4th edition of the Foreign Investors Summit, the most complex B2B event dedicated to increasing Romania’s competitiveness. From October 31st until November 2nd, this is Where Romania Means Business: 3 days for exclusive content sharing and proficient insights, 500 participants to do business with, 5 industries capable of moving forward Romania’s growth story, over 50 top panelists and international guests to bring you new ideas and opportunities.

Atenor buys land in the Bucharest Expozitiei area for a new office project

Belgian developer Atenor announced that by the end of the year it will complete the acquisition of a land of about 11,600 square meters in the Bucharest Expozitiei area in order to build a new office project.

Werk to invest 2.5 million euros in parking lot next to the Vox Technology Park office building

Werk Property Group will start in November to build a 400 parking places parking lot next to the Vox Technology Park office project in Timisoara. The five-storey car park will be completed in June 2018 following an investment of 2.5 million euros.

Population’s employment rate exceeds 2020 target in Romania

The employment rate of people aged 20-64 in Romania reached 70.5% in the second quarter of this year, up from 66.2% in the first three months of this year.

Forte Partners to buy a plot of land in downtown Bucharest from Telekom

Forte Partners adds in its portfolio the 1700 sqm plot sold by Telekom Romania, located between Ion Câmpineanu Street and Matei Millo Street. Land features allow up to 9,000 square meters of office space.
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