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Office Market News

Office Rented Area Registered 176,000 M2 In Bucharest, In The First Half Of 2017

The office space market in Bucharest continues to grow this year, the record demand of 2016, 412,000 square meters, generating for this year the delivery of more than 450,000 square meters of space under construction.

Dedeman Buys Only The First Three Buildings In The Afi Park Project

The brothers Dragoş and Adrian Paval, the entrepreneurs who control the Dedeman network, the largest Romanian DIY business, want to abandon the acquisition of the entire five-building block of the AFI Park office project near AFI Cotroceni Mall from Africa Israel.

The outlook for the Real Estate market in 2017 in Business Review’s latest industry guide

Business Review’s latest Real Estate Guide reveals that the first semester of 2017 has been a positive one for the local real estate market and the upward trend looks set to maintain for the rest of the year. Through in-depth analyses dedicated to the office, residential, commercial and industrial markets, the guide reviews the main developments on the real estate market, the players’ forecast for the remaining of 2017 as well as new trends taking shape. Business Review looks into the growing popularity of mixed-use projects on the local market and new office trends taking shape in light of shifting work patterns.

Siemens Considers Bucharest Offices Relocation; Skanska's Campus 6 Project, An Option

Siemens, active in electrification, automation and digitization, is considering the possibility of moving its headquarters in Bucharest to a new office building.

3Pillar Global rents 700 sq m in Moldova Business Center

3Pillar Global, an American IT services company with an active presence on the Romanian market since 2009, has leased an office space of 700 sq m to open its third development centre in Romania.

Blue Point Opens a Call Center In Buzau on 300 Sqm

Blue Point, one of the most important call center companies in Romania, opens in Buzau the second operational centre in a tertiary city, the company announced recently.

Office Take-up in Romania Slightly Falls Down to 185,000 sqm in H1 2017

According to JLL, the total office space take-up in Bucharest reached 185,000 sqm, down 3.6% from the similar period in 2016, but more than four times the area delivered in the first semester this year.

Nokia Becomes the Largest Office Occupier Outside Bucharest

NOKIA began in 2015 the relocation of its offices in Timisoara in a single location, within the new Bega Business Park business park developed by Bega Grup.
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