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Office Market News

Award-winning video game developer and publisher Funcom leased 1,300 sqm class A office space in America House

The Norwegian-based multinational, creator of over 25 popular games for PC and consoles, including "The Secret World", "The Longest Journey", "Conan Exiles" and the upcoming open world survival game based in the Dune universe, is expanding to America House office building, located in Victoria Square, in Bucharest.

Real estate investments exceeded 566 million euros in 6 months, more than twice than in the same period in 2021

The total volume of investments on the real estate market in Romania was 566.9 million euros in the first six months of 2022, of which 476.9 million euros in the last three months, according to a study conducted by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. Last year, in the first two quarters, a total of 194 million euros in real estate assets were traded.

Hotspot, the premium flexible offices provider, will open Hotspot SkyHub, the first coworking space designed specifically for hybrid work

Hotspot SkyHub will open on the top floors of one of the most iconic office buildings in Bucharest – Orhideea Towers, offering members a panoramic view of the city and an environment designed from the beginning for hybrid work. All offices will have natural light, openable windows, interactive screens and can be equipped with video conferencing devices, so that team members working from home can be integrated into the office teams. The spacious common areas, the specialty coffee, the gourmet snacks, come to complete an office lifestyle that the employees desire.

Hotspot will open Hotspot SkyHub, the first coworking space designed specifically for hybrid work

Hotspot, the premium flexible offices provider, will open Hotspot SkyHub, the first coworking space designed specifically for hybrid work

IMMOFINANZ announces strategy update following the majority takeover by CPI Property Group

IMMOFINANZ is presenting an updated strategy following the majority takeover by CPI Property Group. The company plans to continue its value-creating growth strategy with a strong focus on retail properties and office solutions.

Afi Europe received LEED Platinum pre-certification for the Afi Tech Park 2 office building

AFI Tech Park 2, the second phase of the AFI Tech Park office development built up by AFI Europe Romania near the Palace of Parliament, has received LEED Platinum precertification, after successfully completing the GBCI review of early design stage documentation. The extensive certification process is coordinated by the Green & Healthy Buildings Certifications Division of Colliers Romania.

Siemens Energy signs a lease for 7,500 square meters of office space at One Cotroceni Park Office Phase 2

Siemens Energy, one of the world’s leading energy technology companies, signs a lease of 7,500 square meters within One Cotroceni Park Office Phase 2. The lease of the space is due for a period of 10 years, and the transaction was brokered by JLL Romania.

Cluj-Napoca has the most office projects in the pipeline, after Bucharest

The market of modern office spaces in Cluj-Napoca is the second largest in the country, after Bucharest and is expected to remain so in the coming years. Real estate investors plan eight class A office buildings in Cluj-Napoca, which will have a total area of 130,016 square meters, until 2025, which is about half of the current stock of modern offices in the city, according to an analysis conducted by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

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