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Office Market News

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.

Cities of Tomorrow #6 - Central Panel

What does the revitalisation of a city mean? Together with Georg Pammer, General Manager Aspern Smart City Research, we will discover how an old abandoned airport was converted into the greenest and smartest district of Vienna.

CA Immo rented more than 30,000 sqm of offices in 2017 in Romania

Of the 255,000 sqm total CA Immo rental volume in 2017, the CEE region accounted for around 70% of this figure, representing more than 178,000 sqm of office space in the local CEE portfolios of CA Immo being newly let or extended in the recent year.

Daniela Popescu, appointed Associate Director of the Colliers International Romania's Office Department

Daniela Popescu moves from the retail department to the position of Associate Director of the office division of Colliers International Romania, after over 12 years in the company.

Romania, among the performers of the merger and acquisitions market in the region, with a market of over 3.24 billion euros

Romania recorded strong growth in mergers and acquisitions, with a 13% increase in transaction volume and 64% in value.

Ana Dumitrache joins CBRE Romania as Head of Investment Properties

CBRE real estate consultant has appointed Ana Dumitrache, who previously was part of the CTP team. She will lead, starting February, the company's investment department as Head of Investment Properties.

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