Office Market News

Sustainability of office projects in Serbia and the region

Belgrade is the only metropolis in the region between Milan, Budapest, Istanbul, and Athens. "Nikola Tesla" Airport reached over 6 million passengers last year. Office space buyers are more and more demanding!

SkyTower Bucharest increases its tenant portfolio with two more companies

SkyTower, the tallest building in Romania, announces the signing of two new lease contracts, each for a period of 5 years.

WIREN Romania signs deal for 173 sqm space in MIRO office building

The MIRO, situated on one of the capital’s best-connected arteries, the București-Ploiești road, welcomes WIREN România, a sustainable manufacturer of energy-efficient products and solutions, as its latest tenant. WIREN România will occupy 173 square meters on the building’s ground floor.

Siemens S.R.L. will reach 20 years of occupancy in West Gate Business District with a new 5-year lease extension

Siemens S.R.L., the local subsidiary of the world-renowned German technology group, has agreed to extend its existing lease with Genesis Property, thus securing its presence in West Gate Business District for the next five years. This significant contract extension underlines the importance and long-term benefits of the solid and sustainable collaboration with Genesis Property and serves as recognition by Siemens of West Gate Business District as a high-class business hub with an exceptionally lucrative outlook.

The office market in the first three months of 2023: Bucharest attracts three quarters of the demand, followed by Timișoara, Iași and Cluj-Napoca

The largest modern office market was in Bucharest, where companies leased 75% of the total office space traded in the first quarter of the year, according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. The rest of the office transactions were registered in Timișoara, Iași and Cluj Napoca.