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Office Market News

FDI to Romania climbs to 8-year high of EUR 4 bln in 2016

The amount of foreign direct investments in Romania reached close to EUR 4.1 billion in 2016, which was an increase of 18 percent year-on-year, according to data by the National Bank of Romania (BNR).

Forbes Romania Best Office Buildings Gala

Forbes Romania organizes on 28th of February 2017 the third edition of its Best Office Buildings Gala, an event dedicated to the most important real estate project on the office segment in Romania.

America House, the most expensive office building bought in Romania, up for sale again

America House office building will be put on sale this year, ten years after it became the most expensive office project transacted in Romania.

Bulgaria and Romania have lowest minimum wages in EU

The gross minimum wage expressed in euro has doubled in Bulgaria and Romania in the last nine years but the two Eastern European countries still had by far the lowest minimum wages in the European Union on January 1, 2017.

Unilever extended its lease in Băneasa Business & Technology Park for seven years

Unilever has extended its lease in Băneasa Business & Technology Park with seven years.

Isarescu: political tension will affect the economic growth

The political tension will affect the economic growth, as it has an impact on the financial stability, the Governor of the National Bank of Romania (BNR), Mugur Isarescu, stated on Thursday in a press conference.

Cosmopolis owner partners Dutch firm to further develop the project

Turkish investor Ahmet Buyukhanli, who controls the residential project Cosmopolis in north of Bucharest via the company Opus Land Development, has entered a partnership with a group of private investors represented by a Dutch firm to invest in the project’s next development stage in the next five years.

Real estate developer Vastint received EUR 20 million from shareholders in December

Vastint Romania, the real estate division of the Swedish group Inter IKEA, has received EUR 20 million from its Dutch shareholders in December, according to data published by the Romanian Trade Registry.

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