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Office Market News

Equilibrium 2, the first office building in Romania to obtain RoGBC - Net Zero Carbon Buildings preliminary certification

Equilibrium 2, the second phase of the Equilibrium project developed by Skanska in the Barbu Văcărescu - Floreasca area, obtains the preliminary Net Zero Carbon Buildings certification, granted by the Romania Green Building Council. Thus, Equilibrium 2 becomes the first office building in Romania to obtain the new certification.

Glovo moves its headquarters to U • Center office building

Glovo will coordinate its operations, starting with the second half of 2023 from the rented space in the second phase of the U • Center office project, developed by Forte Partners in Tineretului area of Bucharest.

The office market regains its strength, still remains under pre-pandemic level

The total leasing volume in Q1 2022 in Bucharest amounted to nearly 65,000 sqm, similar to the same period last year, but 10,000 sqm more than in Q1 2020, according to research data from Crosspoint Real Estate.

88 percent of the investment deals in office segment in Romania involve green office

Accounting for 70% of green certified buildings and 85% of offices occupied in certified space, the stock of green qualified offices is comparatively higher in Romania than anywhere else in Europe. In addition, 88% of investment transactions in the office segment in Romania involve buildings with green certifications, according to CBRE Romania. This makes the office sector the most representative when it comes to buildings with sustainability standards, followed by logistics and retail.

America House completed a EURO 10 million refurbishment and Modernization

The refurbishment was focused on both technical and aesthetic aspects of the building. This was followed by the upgrades of the exterior ground floor area including the extension of the terrace’s premises, adding green areas, dramatic lighting for the green spaces, extending the sidewalk for the benefit of the pedestrians, changing the flooring, and unifying the retail signage.

5 reasons why Romanian employees do not want to return to the office

More than 70% of employers in the EMEA region are turning to the hybrid work system, according to CBRE’s annual Office Occupier Survey. The data shows the trend of employees returning to the offices.

Equilibrium 1 has a new tenant, Elegance Decor

Equilibrium 1, the first phase of the Equilibrium project developed by Skanska in the Barbu Văcărescu - Floreasca area, has a new tenant. Elegance Decor, a leader in the home & deco market, inaugurated its new offices in the building, with an area of 400 square meters, at the beginning of May.

AFI Europe Romania presents the newly refurbished AFI Lakeview office building, a EUR 2 million investment

Following a year’s worth of upgrading the office projects within the portfolio of approximately 300,000 sqm GLA in Romania, AFI Europe Romania is now announcing the completion of the refurbishment of all public areas within its AFI Lakeview office building, as an investment of approximately EUR 2 million.

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