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Office Market News

ING in negotiations with Vastint for a lease in Business Garden Bucharest office project

ING Bank, local subsidiary of the Dutch group, is in negotiations with Vastint, the real estate division of Inter Ikea group, for renting offices in the project Bu­siness Garden Bucharest developed by Vastint in the proximity of Basarab Bridge- Carre­four Orhideea, according to sources in the market.

Romanian entrepreneur Ovidiu Şandor to develop office complex in Timişoara

The Romanian entrepreneur Ovidiu Şandor has announced for this autumn the beginning of works for a new office building, developed in three construction phases, on the plot situated in the centre of Timişoara, recently bought from Ovidiu Tender, where a residential building with 1200 units will also be part of the project.

Wall-street.ro: Important factors in choosing headquarters for a company

A company, no matter its range of activity or its size, needs a centre from where to manage its activity, Finding an office spaces depends on several factors which should be considered when renting or buying such an office space.

Historical building in Bucharest, up for rent for casinos or business clubs

The former headquarters of Romania’s National Library, located across the street from Romania’s National Bank (BNR), in downtown Bucharest, has been put up for rent by its owner, the Bucharest Chamber of Commerce and Industry.

Deloitte could hire 630 people in technology center in Bucharest

Cable TV provider UPC, security software producer Bitdefender, and financial consultancy company Deloitte plan to create over 1,100 jobs in research, technology and service centers, in Romania in the next years.

Central and Eastern Europe needs more real estate projects

Modern offices spaces stock in Central and Eastern Europe reached a total of 24 million square metres last year.

Competition Council approves Billa acquisition by Carrefour Romania

Carrefour Romania received on June 29 the approval of the Competition Council regarding the acquisition of the local network of Billa.

Ionuţ Dumitrescu to develop 15,000 sq. m retail project in Bistriţa

Local businessman Ionuţ Dumitrescu, a name related to the real estate consultancy company Eurisko, is investing in a retail park in Bistriţa, with 15,000 sq. m rentable area, out of which 6,000 sq. m were already occupied by a food store.
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