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Office Market News

George Copos Buys From GTC the Other Half of Ana Tower Office Project in Bucharest

Romanian businessman George Copos is now the sole shareholder of the company Ana Tower Offices, the development vehicle of the office building Ana Tower in Bucharest, following the transaction of buying 50 pct. of the shares of the company from the co-owner company Global Trade Centre (GTC).

Globalworth to Develop Renault Offices in Western Bucharest

The project for Renault’s offices in western Bucharest will be developed by Globalworth, as the real estate fund has taken over 50 pct. of the shares of Elgan Offices, the winner of the bid for the company’s headquarters in Bucharest.

Fratelli Group Signed Lease for Vastint’s Bucharest Project Timpuri Noi Square

Fratelli Group will open four restaurants concepts, including Biutiful Downtown and Fratellini Bistro within the new office project of Vastint Romania, Timpuri Noi square.

Topmost Investments Buys New Office Building in Bucharest: Polonă 68 Business Center

A new acquisition was announced by the company Topmost Investments, controlled by Israeli billionaire Teddy Sagi. He bought Polonă 68 Business Center in a transaction of EUR 17 million and a yield a bit more than 9 pct.

Bucharest Has Two New Metro Station Starting March 31

Bucharest has improved starting today its subway infrastructure. The 4th Metro Line, will connect Bazilescu Park and Străuleşti Lake, in the north-western Bucharest. The new metro stations available are Laminorului and Străuleşti, which will be opened on Friday, 31 of March, starting 2 pm, according to the Ministry of Transport and Metrorex, the Romanian Subway company.

Largest Restaurant within an Office Building in Romania to be Opened in The Bridge project

Business centre The Bridge, developed by Forte Partners in western Bucharest, near Basarab Bridge, will host largest restaurant within an office building in Bucharest.

More than Half of the Office Transactions in Romania Signed by IT&C, BPO and Outsourcing Companies

More than half of the total office spaces rented last year (52 pct.) were transacted by companies in the fields of IT&C, outsourcing and BPO, which are hiring massively in this period, according to ESOP Consulting l CORFAC International.

Vola.ro, New Anchor Tenant of the Office Building Olympia Tower in Bucharest

Online tourism agency Vola.ro has recently rented an office space of nearly 1500 sqm in order to relocate its headquarters in Olympia Tower office building situated in Piaţa Muncii, Bucharest.

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Adina Camara

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