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Office Market News

Cora’s plans for developing a new mixed-used centre in Braşov were approved

The Local Council of Braşov City has approved the plans of the Belgium’s Cora for the land of the former Hidromecanica factory.

Officerentinfo.ro launches its first application for mobile Apple devices

Officerentinfo.ro, the only independent office building search portal on the Romanian real estate market proudly presents the launches of its first application for mobile Apple devices.

The lawyer to build residential building in Bucharest

The lawyer Daniel Voicu, founder and managing partner of Voicu & Filipescu law firm, decided to invest from his own funds EUR 1.5 million for the construction of a residential building with 10 apartments in the centre of Bucharest, near Polonă St., as he thinks that the interests offered by the banks are not attractive.

Ernst & Young and Cegeka have leased nine floors in Tower Center

The audit and consultancy company Ernst & Young and Belgium’s Cegeka, an IT industry company have leased nine of the 22 floors of the office project Tower Center in Victoriei Sq., Bucharest, transactions that increased the occupancy rate of the project to approx. 70%, after several years of being empty because of litigations.

Pedestrian passage project in Bucharest Romana Sq. approved by the local council

The General Council of Bucharest City (GMB) approved the Zone Urban Plan (PUZ) for the construction of a pedestrian underground passage in Romana Sq., the authorities being able now to start the procedures for the construction, Mediafax writes.

The unfinished mall in Focşani, up for auction again, 10% cheaper

The company Omnium Invest had announced in 2008 an investment of EUR 35 million for the development of a 20,000 sqm mall in Focşani. Now, the company that has erected partially Focşani Plaza is bankrupt and the liquidator has put on sale the mall and the land.

Bog’Art is heading East and plans to build in Russia, Belarus and Iraq

The construction company Bog’Art, controlled by the businessman Raul Doicescu, is prospecting a series of foreign market, such as Russia or Belarus, where the company intends to enter this year.

AFI Europe rented 90% of AFI Palace Ploieşti, to be opened in October

AFI Europe Romania, has announced an occupancy rate of 90% for the AFI Palace Ploieşti, to be opened on 3rd of October 2013.

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