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Office Market News

LSD Group, a new tenant in Globalworth Plaza

Globalworth signed a lease agreement for Globalworth Plaza with LSD Group, a multinational general contracting and fit-out company based in Bucharest that is emerging as a preferred business partner across 9 countries in the region. In line with their development strategy, a long-term leasing transaction was completed for a period of 6 years with a total surface area of 1,200 sqm in the office building located on Pipera Street.

Genesis Property announces the completion of Phase II works for the YUNITY Park

Genesis Property announces the completion of Phase II works for the YUNITY Park project – a premiere in the real estate landscape and one of the most innovative office parks in Romania.

Eurowag leases office space in U•Center 2 for its Romanian HQ

Eurowag, a pan-European integrated payment and mobility platform focused on the commercial road transport industry, has leased 1,300 sqm of office space in the U•Center 2 building developed by Forte Partners in Bucharest. The space will host the company’s Romanian headquarters.

From Gen Z to Baby Boomers: What matters most to each generation when it comes to the workplace

CBRE has launched the study “Return to Office 2023 – Generations Choose Destinations 2023”, a special report summarizing the workplace preferences and way of working of Generations Z, Y, X, and Baby Boomers.

Altezza Clinic - exclusive medical aesthetics clinic, opened in the River Plaza building

River Plaza, class A building, awareded with Breeam In Use certificate, Very Good level, announces the presence in the building of the exclusive Altezza medical aesthetics clinic.

One United Properties signs a 57-million-euro record agreement with Infineon Technologies

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces a significant office project to be developed for the listed German tech giant Infineon Technologies, a leader in designing and manufacturing semiconductors.

The average office transaction size increased by 35% in 2023 compared with 2022 while approaching the record level set in 2019

The average office transaction size during the first 9 months of 2023 has been of 1,810 sq. m, the highest average registered in the last 4 years and close to the record level of 1,900 sq. m set in 2019, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Globalworth appoints Ema Iftimie as Managing Director for its operations in Romania

Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Ema Iftimie as Managing Director for its real estate operations in Romania. Starting December 1st, Marian Popa will step down as the Managing Director and Ema Iftimie will assume this role, focusing on operational, business development and customer care.

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Alexandra Filip

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