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Office Market News

MTR Press relaunches the Real Estate Magazine

MTR Press relaunched the Real Estate Magazine in the print version. The magazine can be found in the press and distribution network Inmedio. The first number has a distribution of 12.000 copies, 148 pages, covering all the domains and subjects of interest in the real estate market and the related industries

Mercur Center in Craiova reopens with 95 occupancy rate

The 24,000 sqm shopping mall Mercur Center in Craiova reopened with a 95 percent occupancy rate, according to a press release by Colliers International.

Papalekas: Globalworth’s portfolio to reach EUR 1.1 billion in 2017

Globalworth, the investment fund controlled by the Greek businessman Ioannis Papalekas, ended 2015 with assets of EUR 931 million and estimates that the four buildings to be delivered in 2016-2017, would raise the portfolio’s value up to EUR 1.1 billion.

COS receives premier distinction from Steelcase Inc.

COS, the fully integrated office design & build specialist, has been designated a 2016 Steelcase Platinum Partner, the premier distinction for Steelcase dealerships.

Iulius Company fully leases an office building in the Palas Iasi complex

Iulius Company says it has concluded the leasing process for its United Business Center 6 building in Iasi after UniCredit Business Integrated Solutions (UBIS) moved its operations here.

Futureal returns on real estate market in Romania

Hungarian entrepreneurs Péter and Gábor Futó, father and son, returned on real estate market in Romania through their company Futureal, following their exit due to the crises. They recruited former general manager of Hercesa and aim the residential sector.

IKEA’s real estate division started second major project in Romania

Vastint Romania, local real estate division of the Swedish group Inter IKEA, announced the beginning of works for three new office buildings in the second major project the company develops on the local market. Business Garden Bucharest will replace the former industrial platform Baduc in western Bucharest.

Building permits and urbanism certificates to be issued online in Romania

Romania’s municipalities will be obliged to issue building permits and urbanism certificates online, according to changes to the planning and urbanism law to be put into public debate within a week by Romania’s Regional Development and Public Administration Ministry (MDRAP).

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Alexandra Filip

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