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Office Market News

BuildGreen exceeds 3 million square meters assisted for sustainable certification

BuildGreen, Romania’s leading development, design and green building certification company, exceeded three million square meters assisted for sustainable certification. In addition, the company continued the international expansion process, obtaining sustainable certifications for real estate projects in Czech Republic, Croatia, Lebanon and Slovakia.

JLL Romania was appointed as project manager of the Groupe Renault Romania's new headquarters

JLL Romania will provide technical consulting services for the construction of Groupe Renault's future headquarters in Romania, the largest office building currently under construction in Bucharest.

The number of newly established foreign capital companies increased by 12% in the first eight months in Romania

The number of newly established foreign capital companies increased by 12% compared to the same period of the previous year, to 3.951 units, according to the National Trade Register Office (ONRC) data.

AutoKarma buys office building near Bucharest North Railway Station

AutoKarma, a leader in the automotive market, has bought a 1,000-sqm office building for its support team at a price of 535 euro / sqm built, transaction brokered by ESOP Consulting.

Mike Atwell, the new Head of Capital Markets for CEE and the Czech Republic within JLL

JLL has named Mike Atwell as Head of Capital Markets for Central and Eastern Europe and the Czech Republic since October 1.

Ovidiu Sandor signs with the first tenant of ISHO Offices

Mulberry Development, developer of the ISHO Offices office project, controlled by the local businessman Ovidiu Sandor, announces the first lease agreement signed for the first phase of the building, signed with Survey Sampling International (SSI).

In order to attract employees, companies spend up to 800 Euros per sqm for office fit out

The cost of office fit out companies pay varies between 300 and 800 euro / square metre, depending on the project and the beneficiary's field of activity, according to JLL Romania.

It will be a good second half of the year for the Bucharest office market

The significant increase in interest from international investors looking for the best formats of cooperation with local developers sends a powerful message to the market in Romania’s capital city. Importantly, the above mentioned interest applies not only to the office sector, but also to the retail and logistics ones.

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Adina Camara

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