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Office Market News

Romania’s real estate market included among transparent markets

The Romanian real estate was included for the first time in the category of transparent markets, according to the Global Index conducted by the real estate consultancy JLL.

Hanner enters the office segment in Romania following land acquisition in Grozavesti area

Hanner Holding, the developer of several residential projects in Romania, plans to expand in the office segment after acquiring part of the land plot of the former Grivita Beer Factory, in center-west Bucharest.

First Code of Ethics for Romanian real estate agencies launched by RABO

The Romanian Association of Building Owners (RABO) has launched the first Code of Ethics dedicated to the Romanian real estate domain on Friday, which aims to establish the standards on ethics and the RABO members’ behaviour.

Firms in Romania can get state aid for investments over EUR 1 mln

Companies will be able to receive state aid for investments over EUR 1 million in their production units, said the Economy Minister Costin Borc.

ParkLake opening confirmed for 1st of September

Sonae Sierra and Caelum Development announced the opening date for ParkLake as September 1, 2016. The doors will open to the public and a new attractive shopping experience will become available in the heart of Bucharest.

Republic of Korea’s Embassy relocates to the tallest office building in Romania

Republic of Korea’s Embassy relocates to new headquarters starting this July, occupying the entire 33rd floor of Sky Tower, an office space of 1,150 sq. m, completely tailored by the Embassy’s requests. The lease was signed for a period of five years.

Iulius group to start works for the second office building within Openville Timișoara complex

Iulius group, controlled by the businessman Iulian Dascălu, recently started the works for a new office building within the mixed-use project Openville Timișoara, with a rentable area of 13,000 sq.m.

Anticorruption Directorate moves office to central Bucharest hotel

Romania’s National Anticorruption Directorate will move its headquarters to the Triumf Hotel in Bucharest, said the Justice Minister Raluca Pruna.

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