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Office Market News

Citi Romania relocates its headquarters to Tiriac Tower in Bucharest

Citi Romania announced the inauguration of its new headquarter offices in Bucharest, located in the Tiriac Tower on Buzesti Street.

Commercial real estate market, relatively stable in most CEE countries

The year 2022 ended with a record level of investment in commercial real estate, with Romania recording a volume of over €1.2 billion, the highest since 2007.

America House becomes the first Outstanding BREEAM In-Use office building in Bucharest

America House, the Iconic Class A office building, located in the heart of Bucharest CBD, is the first – Class A office building in Bucharest to obtain an OUTSTANDING rating according to BREEAM In-Use certification methodology, after a major investment of 10 million euros.

The land market in Romania just had one of its most active years in history

The volume of land sales for commercial real estate projects in Romania (excluding for traditional industrial and logistics projects) reached approximately 450 million euros in 2022, down from almost c.800 million euros a year earlier, according to Colliers estimates.

SkyTower signs new leases and welcomes three new tenants: ZoidPay, Kubeark and Certion

SkyTower Building, the tallest office building in Romania, has concluded three new lease contracts, welcoming Romanian start-up ZoidPay, software developer Kubeark and real estate developer Certion as the tower’s new tenants. Together, the three new tenants have contracted a total office space of almost 2.000 sqm.

BAT Global Business Solutions to relocate to One Cotroceni Park office development

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the conclusion of a new important leasing contract in the office segment: Global Business Solutions (GBS), the largest shared services centre of the BAT group and one of six globally, is moving its offices from Romania to One Cotroceni Park, Phase 2.

One United Properties acquires three historic buildings in the centre of Bucharest for new development, One Downtown

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the acquisition of three historical buildings in Bucharest with the purpose of restoring and transforming them into a new development of the company - One Downtown.

GTC welcomes Regus, part of IWG, as new tenant in City Gate

GTC Romania, a leading real estate company in Central and Eastern Europe, has signed a long-term contract with Regus, part of IWG, the world’s largest provider of hybrid working solutions, which will occupy 1200 sq m in the City Gate South Tower, starting June 2023.

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Adina Camara

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