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Office Market News

The number of residential units delivered in 1Q increased with over 10%

The number of residential units delivered in the first quarter of 2013 has increased with 820 units to 7,682, compared to the similar period of last year, according to National Institute of Statistics.

NEPI to develop a new office project in the centre of Bucharest

South-Africa’s New Europe Property Investments (NEPI), the most active investor on the real estate market in the last years will invest EUR 15 million for the renovation of Ormolu villa, situated in the vicinity of the Government building, but also for the construction of an office building.

Neale, Portland Trust: Many talk about green certification, but often these are just words without substance

Many of today developers speak about “green certification” or mention in their marketing campaign the phrase “green and sustainability”, but in my opinion, many times these words are only ostensible, without substance, has declared Robert Neale, the founder of Portland Trust, a company developing a green office building in Floreasca.

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.

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