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Office Market News

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.

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.

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