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Office Market News

Iulius Started Construction Works at the Third Office Building within Openville Timisoara

The work on the third office building in Openville, complex which is being built in Timisoara, has recently started. The building has 14 floors and the works will be completed in one year.

Skanska to Start the Construction of the First Phase of the Equilibrium Office Project in Bucharest

Skanska starts the construction of the first phase of the Equilibrium office project, located in the northern part of Bucharest, in the Barbu Văcărescu - Floreasca area.

GTC buys the Cascade Office Building in Victoriei Square, Bucharest

Real estate company GTC (Global Trade Center), the owner of the City Gate project in Bucharest’s Presei Square, bought from Adval Properties the office project Cascade Office Building on Buzeşti Street, near Victoriei Square, according to market data.

AFI Europe Romania achieved LEED PLATINUM pre-certification for business campus AFI Tech Park

AFI TECH PARK, the newest office project developed by AFI Romania, achieved LEED Platinum pre-certification, the most prestigious recognition awarded by the United States Green Building Council in the area of sustainable buildings.

Globalworth becomes the sole owner of the Green Court Bucharest office

Globalworth Real Estate Investments Ltd., the head of the office building segment in Romania, announces the acquisition of the "C" building of the Green Court Bucharest office building, developed by Skanska, one of the largest construction and development groups in the world, of Swedish origin. The gross transaction value is estimated at 38 million Euros, and the acquisition closure is scheduled for the third quarter of 2017.

Czech Billionaire to Buy America House Office Building in Bucharest

America House office building was put on sale by the French investment fund AEW Europe, one of Europe's largest funds.

Merck Rented 700 Square Meters In Green Court

The pharma company Merck moved into the new office space with an area of nearly 700 square meters within Green Court Bucharest project developed by Skanska in the northern part of the city.

IBM opens in Cluj-Napoca its fourth business services centre in Romania

IBM Romania opens in Cluj-Napoca in July, its fourth business services centre in the country, after Bucharest, Brasov and Timisoara, offices located in Liberty Technology Park.
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