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Office Market News

Romtelecom to sell residential and commercial properties

Romtelecom decided to sell a part of its real estate portfolio in 16 districts of Romania and Bucharest, as part of its strategy for optimization of the efficiency.

The Pharmacy that sells EUR 11,000 daily opened a children articles supermarket

Tei Pharmacy, which operates a single unit on Lacul Tei Blvd. from Bucharest and a showroom with children products in the same area opened a 1,100 sq m store with children articles in Militari Shopping Center from western Bucharest.

Greece offers residence to foreign real estate investors

Greece will be offering residence to non-EU investors purchasing or renting property over 250,000 euros, in a bid to revive its moribund real estate industry, officials said on Monday.

Sodexo has rented 2,700 office space in Novo Park

The company Sodexo Solutii pentru Motivare, one of the most important players on the Romanian B2B motivation solutions market, having in its portfolio meal, gift, holidays tickets and other relocated its offices and production activity to Novo Park, an office complex situated in the proximity of Pipera metro station in Bucharest.

Property investment up in Q1 on Czech market

The Czech investment market saw a recovery in Q1, writes Cushman & Wakefield in its recent report.

The industrial platform Carpatex in Brasov to reconvert to a commercial centre

The industrial platform Carpatex will change its destination in the near future, following the refurbishment of the old factory’s warehouses in the last period.

Marsh leases 1,000 sq m in Bucharest’s Floreasca Business Park

Insurance broker and risk adviser Marsh has extended its lease in the Floreasca Business Park office project in Bucharest for an additional 3 years, has announced BNP Paribas Real Estate who brokered the deal.

Vlad Dumitrescu –from Immofinanz to a company dealing with offices fit outs

Vlad Dumitrescu, the development manager of Immofinanz Romania in the period October 2009 – December 2012 has been appointed as Executive director of Techno Office.

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