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Office Market News

AFI EUROPE ROMANIA announces the achievement of WELL Health-Safety Certification certification for all its office projects in Romania

AFI EUROPE ROMANIA released today the news that the entire office portfolio, consisting of 7 Class A office projects – AFI PARK 1-5, AFI TECH PARK, AFI VICTORIEI PLAZA, AFI PARK FLOREASCA, AFI LAKEVIEW, AFI PARK BRASOV and AFI PARK TIMISOARA received the WELL Health-Safety Certification from The International WELL Building Institute (IWBI).

PPF Real Estate buys 8,000 sqm plot of land from RC Europe

Czech real estate developer PPF Real Estate is in the process of acquiring a plot of land of about 8,000 sqm in the Orhideea area of Bucharest, from the RC Europe group, a transaction estimated at over EUR 10 million. The deal will be completed in about 2-3 months.

Mindspace appoints Ana Nekhamkin as VP Real Estate & Projects

Mindspace, the global flexible office provider, announces the appointment of Ana Nekhamkin as its new global VP of Real Estate and Projects. In this role Nekhamkin will be contributing to the Company’s growth including building out the real estate team, signing new properties and delivering projects.

JLL: 13 companies want to enter Romania and are looking for office space of over 45,000 sqm

The real estate consulting company JLL Romania is developing 13 deals with large companies looking for office space in Romania.

One United Properties posts revenues of 1.1 billion lei and gross profit of 604 million lei in 2021

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use and office real estate in Romania, recorded revenues of 1.1 billion lei in 2021, 105% increase compared to the 2020 result, a historical milestone for the company. The gross profit surged 192%, reaching 603.5 million lei.

Top 5 reasons to review conditions on the office market

By the end of 2022, only six office buildings totaling just 135,700 sq m GLA will be added to the Bucharest’s modern stock, slightly increasing it up to 3.33 mln. sq m. 65% of the future new supply is part of the West - Central sub-market where AFI, One United Properties and River Development are preparing to bring to the market three new schemes.

Sameday is the newest tenant of Globalworth Square, occupying more than 4,200 sqm

Globalworth, the leading office investor in Central and Eastern Europe (CEE) and the leader of the Romanian office market, announces the signing of a new lease contract for Globalworth Square. Sameday, one of the leaders in the courier market in Romania, became a tenant of Globalworth Square, the most technologically advanced office building in the Globalworth portfolio. Starting with November 2021, the lease was signed for 5 years for an area of 4.259,04 square meters GLA.

Fortim, member of the BNP Paribas Real Estate Alliance, extends its portfolio of Property Management by two buildings in Cluj

Fortim, member of the BNP Paribas Real Estate Alliance, has concluded a property management, for the Maestro Center office building in Cluj-Napoca and for the Tureni Industrial Park, in Cluj County.

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