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Office Market News

Romania Could Face a Severe Crisis of Qualified Personnel

The Romanian economy is heading towards an acute crisis on the workforce market, as the number of employees and the degree of skilled workforce has decreased in the last years.

Transilvania Construcții Relocated its Headquarters in Novis Plaza, Cluj

Real estate developer Transilvania Construcții took the decision to relocate its headquarters from its Transilvania Logistics Park to its new office project within Tetarom I industrial park, the Novis Plaza office building.

IBM signs 18,000 M2 Lease Agreement with Forte Partners in The Bridge Office Project in Bucharest

Forte Partners, one of the most active real estate developers on Bucharest office market, has signed with IBM for the company’s new offices on 18,000 square metres within the first building of The Bridge project, according to Ziarul Financiar.

Skanska’s Campus 6 Office Building in Bucharest to Feature Rooftop Running Tracks

Sweden’s Skanska announced a premiere on the Romanian market, as the company will construct a running track on the roof of its second and its third buildings within the office project Campus 6, to be developed in Bucharest’s Politehnica area.

Local Manufacturer to Reconvert Its Current Headquarters in Iasi to Office Building

Local company SC Electra SRL will relocate from its current headquarters situated in the city of Iasi to Miroslava Industrial Park, where the company rented 22,000 square metres.

Vastint Signs More Than 7,000 M2 Office Lease Agreements Within Its New Office Project, Timpuri Noi Square

Vastint Romania recently announced the signing of three important lease agreements for office spaces within the project recently developed by the company, Timpuri Noi Square, totalling an area of 7,350 square metres of offices.

Europolis to Increase Capital of Its Sema Parc Offices

Austrian investment fund Europolis made the sedond capital increase for the office complex within Bucharest’s Sema Parc, follow first operation made seven years ago.

Nearly 100,000 M2 Bucharest Office Take-Up in First Quarter 2017

The transactions with new office spaces in the first three months of 2017 in Bucharest have totalled 97,300 square metres, according to Knight Frank Romania.

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