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Office Market News

Romania, second largest construction works increase in EU

Romania is placed on the second place in EU regarding the increase of the construction works in May 2016, compared to the same month of the last year, up by 7.5 percent, being surpassed only by Sweden, with 14.4 percent, according to the data presented on Tuesday by the European Statistical Office (Eurostat).

New player on the IT market: RES opens office in Bucharest

RES, a major player specialised in the creation, automation and securing of digital work spaces, has opened a Research&Development center in Bucharest in the presence of company CEO Al Monserrat, CFO and founder Bob Janssen and Alina Sandru, Director – Software Engineering Operations Romania.

Outsourcing service provider rents offices in Green Court Bucharest

Capgemini, a local company which specializes in providing consultancy, technology and outsourcing services, has rented office space in the third building of the Green Court Bucharest building from real estate developer Skanska.

Romanian real estate investment volumes up 80% in the first half of the year

Romanian real estate investment volumes went up 80% year-on-year in the first half of 2016, reaching an estimated EUR 340 million, according to real estate consultancy company JLL. In the first semester of 2015, the real estate investment volumes stood at EUR 187 million.

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.

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