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Office Market News

Meet local Skanska Leasing & Asset Management team

Skanska's commercial development division in Central and Eastern Europe announces the structure of the new Leasing and Asset team, consisting of Anamaria Crețu and Tamara Guleryuz as Leasing & Asset Managers.

Real estate investor Hili Properties to buy Baneasa Real Estate, the owner of the MIRO office building

Deloitte Romania assisted Hili Properties, the strategic real estate investment subsidiary of the Maltese group Hili Ventures, in the acquisition of 75% of Baneasa Real Estate’s shares, the owner of the MIRO office building in Bucharest, from the real estate developer Speedwell. MIRO is a class A mixed-use building of 24,700 square meters located on DN1. The transaction was signed in August 2022.

Romania modern stock of office spaces reached over 4.3 mln sqm in Q2

With 76% of the modern stock of office spaces in Bucharest, the office segment has reached over 4.3 mln. sq m all over the country in the first semester of 2022, according to the Romania Office Destinations 2022 research special report, launched by CBRE Romania.

The investment volume reached EUR 323 mln in H1 2022

The total investment volume in Romania reached EUR 323 mln in the first half of 2022, 6% higher compared with the amount transacted in the same period of the previous year, according to the Romania Real Estate Market Outlook 2022 research special report, launched by CBRE Romania.

The Romanian real estate scene continued its accelerated recovery in the first half of the year, but it will be difficult to maintain the pace in the coming period

The Bucharest office market returned to pre-pandemic levels, the industrial and logistics spaces are going from strength to strength, while the investment market could reach its highest level in more than 10 years, according to Colliers’ Mid-Year Report for 2022.

SPEEDWELL signs a lease agreement with HiSky for 350 sqm office space at MIRO

SPEEDWELL welcomes HiSky as a new tenant in MIRO offices, in Baneasa, Bucharest. The two companies have signed a lease agreement for a total of 350 sqm of A class office space. After the most recently signed lease, MIRO has reached an occupancy rate of 87%. Only 3000 sqm are still available for rent, located on the fourth floor of the building.

MET Romania Energy moves into the Expo Business Park office building

MET Romania Energy has leased the fourth floor with a surface of 700 sqm in Expo Business Park, Expoziției area, Bucharest. The advisory services for the lease transaction yet also those for the Project Management, for the space planning were done by Fortim Trusted Advisors, Alliance Member BNP Paribas Real Estate.

Globe Trade Centre sells Cascade Office Building

Globe Trade Centre has sold its A-class Cascade Office Building in Bucharest to the Hungarian Crown Holding Kft. making a healthy profit of close to 20% or EUR 1.6 million on the transaction since its acquisition in 2017. The selling price of the property was EUR 10.1 million.

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Alexandra Filip

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