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Office Market News

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.

Foreign Companies Reduced Their Direct Investments In Romania In The First Quarter By 22%, To 1.07 Billion Euros

Foreign companies made direct investments in Romania worth 1.075 billion Euros in the first three months of this year, down by about 22% compared to January-March 2016, according to data published by the National Bank of Romania on Monday.

Canada's Largest Independent Real Estate Broker Avison Young to Open Office in Bucharest

Avison Young, the largest independent real estate broker in Canada, has recently announced the opening of a new office in Bucharest, the first in Romania and its tenth in Europe.

OLX Group Rented New Offices In America House Office Building In Bucharest

OLX Group has recently relocated to a new office space situated in America House office building in Victoriei Square, Bucharest.

Lowest Office Vacancy Rate in the Last Nine Years Registered in Bucharest This Quarter

The vacancy rate of the office buildings in Bucharest reached the lowest level in the last nine years, of 9.5 pct., according to CBRE study.

Transactions Record Volume in 2016 for Bucharest Land Market

Land market in Bucharest has reached in 2016 a new record in volume, as plots were transacted with a total area of 110 hectares, 144 pct. increase compared to 2015 and 3.5 pct. higher than the precedent record year for the market, 2007, when 106 hectares were sold.

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Alexandra Filip

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