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Office Market News

Heineken Sold Griviţa Beer Factory to Real Estate Investors

Dutch group Heineken, the owner of four functional beer factories on the local market, sold the land and the constructions of the former Griviţa factory, situated near the Basarab passage in Bucharest to a real estate investors group in a transaction evaluated at EUR 10-15 million.

AEW Europe appoints Rob Wilkinson as Chief Executive

AEW Europe announces today that Rob Wilkinson has succeeded Christian Delaire as Chief Executive Officer. Rob joined the firm in 2009 as Managing Director, Head of European Fund Management and Separate Accounts and was subsequently promoted to Chief Investment Officer in 2011.

Strabag business 13 pct. down, to EUR 322 million

„The construction market will be better this year compared to 2013.“

Former factory Prefa Brasov’s land, up for auction starting EUR 14.7 million

The plot of land where the American Jonathan Mann intended to develop 10,000 apartments in Brasov is put for sale by the judicial liquidator, RVA Insolvency, for EUR 17.4 million, excluding of VAT, following the bankruptcy of the company which intended to develop the project.

Secure Property to Acquire a 17,000 sqm Logistics Park in Bucharest

SECURE Property Development & Investment PLC (AIM: SPDI), a South Eastern European focused property and investment company, today announces that it has reached an agreement to acquire the Innovations logistics park in Bucharest, Romania, from Myrian Nes Ltd and Theandrion Estates Ltd. The acquisition will be the Company's first outside of Ukraine and marks the commencement of SECURE's stated strategy of both growing and diversifying its portfolio across the economies of South Eastern Europe.

Esop: 76% of small and medium companies are looking for offices under EUR 11/sq. m

76% of small and medium companies are looking for offices under EUR 11/sq. m, while 20% have budgets of EUR 11.1-15/sq. m and only 4% have budgets exceeding EUR 15/sq. m /month, shows data in 2013 of Esop Consulting.

ATALIAN Energy Solutions brings up to 20% energy savings guaranteed in commercial property

ATALIAN Global Services, the leading European company in multi-services, has recently launched an innovative energy management solution. Complementing their services and technical maintenance they now provide energy efficient solutions which can bring up to 20% cost savings for clients in all of Europe.

Orange negotiates the relocation of 1,000 employees in Green Court

The telecom operator Orange, with local business of nearly one billion Euros and approx. 3,000 employees, could have reached an agreement for renting a space of up to 13,000 sq. m in Green Court office project developed in northern Bucharest by Swedish group Skanska.

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