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Office Market News

WdP Development To Build Production Unit and Office Building in Oradea Industrial Park II

Wdp Development will build a production and storage facility of about 4,000 square meters and an office building of approximately 240 square meters in Oradea Industrial Park II, situated on Ogorului Street, following direct negotiation by the Oradea Local Development Agency (ADLO).

Goethe Institute Office in Bucharest to Relocate To D'OR Office Building

The Goethe Institute, the cultural institute of the Federal Republic of Germany, has pre-leased 30% of the D'OR office building on 32 Calea Dorobantilor in Bucharest , the 6,000 square meters project of Primavera Development, which will be delivered in the coming summer.

Pipera and Aurel Vlaicu metro station to be closed for repairs in July

A number of 11 subway stations, which have only one access, will be closed alternately for seven calendar days to carry out modernization works during July-September, Metrorex announced on Friday, according to a press release.

Dedeman Owner Moves Towards the Acquisition of AFI Park

Dragos Paval, the entrepreneur who controls the DIY stores network Dedeman, the largest Romanian business, could sign with Africa Israel the agreement for the acquisition of AFI Park 1-5 office buildings near the AFI Palace Cotroceni Mall for almost 164 million Euros, in the largest transaction ever made on the Romanian office market, according to market data.

The Top Of Office Rents In Bucharest In 2017: The North-Central Area Has Advanced Again

In 2017, on the office market in Bucharest, the emergence of new projects with premium finishes and amenities, as well as an excellent position near the Government, such as The Landmark and Aviatorilor 8, has again raised the rent average for the north-central area, which get distance from the centre-west and downtown areas rents.

Skanska To Complete First Phase of Campus 6 Office Project Next Year

After completing last year the Green Court Bucharest office complex in Barbu Văcărescu area, Swedish developer Skanska laid the cornerstone for his second project in Bucharest - Campus 6.

Ford Trucks Opens Europe’s Largest Office in Romania

Ford's truck division has recently announced the inauguration of its headquarters in Romania, Europe's largest office with a total area of 17,000 square meters, located near the Bucharest-Pitesti (A1) highway.

Oregon Park project wins award for the Best Office Development for BPO/ SSC sector in Bucharest

The real estate developer Portland Trust received the “Best Office Development for BPO (Business Process Outsourcing)/SSC ((Shared Service Outsourcing) sector in Bucharest” Award at the third edition of “The Romanian Outsourcing Awards for Excellence” Gala, for its newest office development, Oregon Park.

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