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Office Market News

EBS, part of Japanese giant NTT, invested EUR 2 million in new headquarters in Cluj

Software services and solutions provider EBS Romania, part of Japanese group NTT (Nippon Telegraph and Telephone Corporation), opened in Cluj-Napoca its new headquarters, EBS Tower, a building with 12 floors, where 520 people are currently working.

Belgian Atenor to develop office building downtown Bucharest

Belgian group Atenor is close to complete tha acquisition of a plot of land of 3,500 sq. m downtown Bucharest, situated at the crossroad of Calea Victoriei with Dacia Blvd., intended for a new office project, according to sources in the market.

Mihnea Şerbănescu to lead local operations of the company created through Cushman and DTZ merger

Mihnea Şerbănescu, CEO of the real estate consultant DTZ Echinox and one of the most important brokers on the real estate market, will take over and lead in Romania the operations of the new company created through international merger of Cushman Wakefield and DTZ, according to sources in the market.

Western Bucharest saw largest number of office transactions for the first time

Office transactions in Bucharest totalled 105,000 sq. m in the first three months of 2016, a value alost double compared to the same period of last year and a record for Bucharest.

One week left until Realty 2016 – Latest trends and business opportunities in the real-estate industry

The fifteenth edition of the Realty conference organized by Business Review will take place on June 16 at the Sheraton Bucharest Hotel. Structured on the four main segments of the real-estate industry - Office, Retail, Industrial and Residential – the conference will be the perfect platform for discussion on the latest trends and hottest topics in the industry as well as creating a favorable environment for business matchmaking.

Immofinanz negotiates sale of real estate developer Adama

Real estate developer Immofinanz, one of the largest real estate players on the local market, is negotiating the sale of Adama, a company specialized in residential developments, according to ZF sources.

Office buildings developed in record time in Iasi, Romania

The labour potential available in the IT industry is larger Iasi then in any other region in Romania, and the real estate developers are ready to build office buildings on any area in record time, said Bogdan Piţigoi, 46, one of the largest entrepreneurs in Iaşi.

Romanians sign almost 300,000 real estate deals by end-April

Romania saw almost 297,000 real estate transactions in the first four months of the year, up by more than 28,000 compared to the same period in 2015, reports local Profit.ro.

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