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Office Market News

The Value of Real Estate Transactions In Romania Increased By 44% In The First Semester, To 485 Million Euros

The total value of real estate transactions in Romania reached 485 million Euros in the first half of this year, up 44% over the same period in 2016, according to the CEE Investment Market report by JLL.

AFI Europe and Dedeman to Cancel Sale Transaction of AFI Park 1-3

The companies AFI Europe and Dedeman have agreed to cancel the sale transaction of the office buildings AFI Park 1-3.

Globalworth Campus, Proposed By Romania In Brussels As The Headquarters Of The European Medicines Agency

Bucharest and 22 other European cities have requested the hosting of two of the European agencies that will leave the headquarters in London after Brexit. In total, the two agencies represent about 1000 jobs.

The Number Of Employees In Romania Reached The Highest Level In The Past Two Decades

The number of employees in the economy reached 4.84 million in May, as companies made almost 114,000 new hires in the first five months of the year.

Globalworth Could Take Over NEPI Office Portfolio, Estimated At Nearly € 340 Million

Investment Fund Globalworth, the largest office owner on the local market, is in negotiations with New Europe Property Investments (NEPI) to take over the entire office portfolio of the South African investment fund in a deal that might reach EUR 340 million, according to market sources.

Immochan Romania Buys The Coresi Business Park Office Project in Brasov

Immochan Romania acquires the Coresi Business Park, integrating in the Cartier Coresi project the office component of the Brasov project, which had until now a commercial component through the Coresi Shopping Resort, and a residual one through the 1,000 apartments under construction.

Nepi Rockcastle Completed Aviatorilor 8 Office Project in Bucharest

NEPI Rockcastle, the largest real estate investor in Central and Eastern Europe, has completed the Aviatorilor 8 office project in the Victoriei Square area in Bucharest, located in the immediate vicinity of the Government of Romania.

The Value Of Real Estate Transactions In Romania, Up To Over € 400 Million In The First Semester

The total value of real estate transactions in Romania exceeded 400 million Euros in the first half of this year, up 156% over the same period in 2016, according to a study released by Colliers International, also showing that the total volume of investments could reach 1 billion Euros this year.

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Adina Camara

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