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Office Market News

CBRE: Nearly 139,000 sqm offices to be delivered in Bucharest by the end of the year

Nearly 139,000 sqm A class office spaces will be delivered in Bucharest by the end of this year, within eight real estate projects, according to CBRE.

A fifth of Romania’s total turnover, connected to offshore companies

Almost 20% of the Romanian economy carries out businesses via offshore companies, according to an analysis by financial consultancy firm KeysFin.

Street-food restaurant Stradale to open in Oregon Park

The restaurant Stradale, developed under the street food and live cooking concepts, will be launched within the office complex Oregon Park at the beginning of November.

IMMOFINANZ brings shopping center brand VIVO! to Romania

IMMOFINANZ, one of the real estate investors in Romania, introduces its retail brand VIVO! to the local market and starts the rebranding process for its four existing shopping centres.

Transport minister promises 18-min. train trip between Bucharest and Otopeni Airport from 2018

Romania’s railway company CFR Infrastuctura will revamp the existing railway line between Bucharest’s main train station Gara de Nord and Odaile station in Otopeni, and will build 2.3 km of new track to the Henri Coanda International Airport.

Contracts with foreign partners to be declared at the Romanian tax agency

Romanians who conclude contracts with foreign partners must declare these documents at the tax agency (ANAF).

Bidefender rented 2,300 sqm in the United Business Center 1 within Palas Iasi complex

Iulius Company signed a partnership with Romanian IT company Bitdefender to lease 2,300 sqm to Bidefender in the United Business Center 1 class A office building within Palas Iasi complex.

Romanian brick producer sells two plots to Dedeman for EUR 1.6 mln

Local brick producer Cemacon Cluj will sell two land plots to DIY retailer Dedeman for RON 7 million (EUR 1.6 million).

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Alexandra Filip

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