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Office Market News

Carrefour reaches 111 supermarkets in Romania after opening new unit in Timisoara

French retailer Carrefour has reached a network of 111 supermarkets in Romania after opening a new unit in Timisoara city.

Properties in Romania brought Immofinanz revenues of EUR 45.1 million

Real estate company Immofinanz, with properties in Romania of EUR 853 million, obtained in the period between 1st of May 2015 – 30th of April 2016, revenues of EUR 45.1 million from renting its assets on the Romanian market, representing 14.3 pct. from the total revenues of the group.

Vodafone Romania moves 2,300 employees in new HQ in Globalworth Tower

Telecom company Vodafone Romania has relocated 2,300 of its employees from three locations in Bucharest to Globalworth Tower, the office project developed by Ioannis Papalekas in the northern part of the town.

AFI Europe gets new IT tenant in AFI Park 4&5

Developer AFI Europe Romania rented nearly 3,000 sq. m office spaces in AFI Park 4&5 to the company SecureWorks, a company active in the field of information security.

Survey: Austrian investors looking to expand their operations in Romania

The Austrian business community sees a big growth potential on the Romanian market in the following period. Besides the investments (especially the expansion and modernization of existing enterprises), new workplaces creation are planned, according to a survey carried out by Advantage Austria, the commercial section of Austrian Embassy in Bucharest.

Mega Image Romania owner completes merger with Dutch group

The Ahold – Delhaize merger has been completed, and the new retail group’s shares started floating on the Amsterdam and Brussels stock exchanges on Monday, July 25. The new group has also presented its new logo.

Modern corporate employees need silence and relaxation, the real estate developers comply

The average of ten square metres for each employee working in the modern office buildings is making more and more room to larger common areas, open spaces which support the socialization and working together in the company.

375,897 real estate transactions registered in the first five months of 2016 in Romania

As many as 375,897 real estate transactions were performed nationwide in the first five months of 2016, by 36,000 more compared to January - May 2015, shows a release of the National Cadastre and Property Advertising Agency (ANCPI) published on the institution's website.

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Adina Camara

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