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Office Market News

The Real Estate and Construction sector attracted approximately €1.2 billion of Foreign Direct Investments in 2022

The real estate and construction sector attracted approximately €1.2 billion of foreign direct investments (FDI) in 2022, as the share of this economic activity in the overall FDI stock stood at 17.2% at the end of 2022, according to data from the National Bank of Romania analyzed by the Cushman & Wakefield Echinox real estate consultancy company.

Griffes to manage leasing of J8 Office Park

Property developer Portland Trust has inked a partnership with Griffes for managing the leasing and commercial operations of Bucharest-based J8 Office Park.

Deloitte renews 12,500 sqm office lease in Oregon Park

Deloitte has renewed the office lease agreement for its three delivery centres spanning 12,500 sqm in Bucharest-based Oregon Park, owned by Lion’s Head.

Garanti BBVA will reach 20 years of presence in YUNITY Park with the new lease extension

Genesis Property announces that Garanti BBVA, one of the most dynamic banks in Romania, extends its lease for another 5 years, maintaining the 7,200 sqm headquarters in YUNITY Park. Garanti BBVA thus reaches 20 years of constant presence in the same business campus.

Carrefour rented space for a store within One Cotroceni Park

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania is announcing the opening of a brand new Carrefour Express within One Cotroceni Park.

Carol Davila University of Medicine and Pharmacy buys Quest office building in Bucharest

The Carol Davila University of Medicine and Pharmacy completed the purchase of Quest, a boutique building in central-eastern Bucharest that will be used by the Institute for Research and Development in Genomics.

Filip & Company strengthens its Real Estate practice by co-opting Ioana Grigoriu as counsel

Ioana Grigoriu, a lawyer with more than 15 years of experience in real estate, has joined Filip & Company as counsel.

Nooka Space appoints Irina Leca as new CEO and raises investment round worth EUR 2 Million

The future of work is in a continuous transformation, and one of the vectors of this change is the startup Nooka Space, which today officially announces the appointment of Irina Leca as CEO of the company, as well as the raising of a new investment round worth €2 million. This initiative is also supported by existing investors and partners, with the objective of continuing international expansion and developing Nooka Space’s operations in new markets and verticals, including Portugal, Italy and aviation verticals. The investment is nearing completion and is currently in the final stage of selecting relevant investors.

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Alexandra Filip

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