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Office Market News

Commercial real estate companies estimate revenue growth this year, transactions activity to intensify

Commercial real estate representatives (retail, business centers and offices, logistics spaces) estimate, in a proportion of 80%, a revenue increase this year compared to 2021, and 73% expect transactions activity to intensify over the next 12 months, according to the Deloitte 2022 Commercial Real Estate Outlook global study.

The market for new office rentals has advanced by 20% in 2021, compared to 2020, in Bucharest

Office tenants have signed new contracts for about 19,000 employees, according to a study by Fortim, a member of the BNP Paribas Real Estate Alliance. Thus, in 2021, new office transactions were made, "net take up" (excluding contract renewals) totaling 187,896 square meters, 32% more than last year, despite health restrictions caused by the pandemic.

Real estate investment has exceeded 900 million euros in 2021 and increased by 4% compared to 2020

The real estate investment market has been on an upward trend for the past three years, unaffected by the pandemic. The total volume of investments on the Romanian real estate market was 919.45 million euros in 2021, up 4% from the previous year, according to a study by Fortim T.A., a member of the BNP Paribas Real Estate Alliance.

Property & Facility Management Conference returns with a new edition!

The pandemic has had a major impact on the business environment, including the real estate, property management and maintenance sectors, with specialists having to constantly adapt to new challenges.

Most office buildings in Pipera-Voluntari obtain DEKRA certification, Trusted Facility Standard

Starting with December 2021, over 20 buildings in Pipera-Voluntari, north of Bucharest, obtain the DEKRA Trusted Facility Standard certification, in the context of the coronavirus pandemic.

One United Properties announces the handover of One Cotroceni Park Phase I

One United Properties S.A., one of the leading green developers of residential, mixed-use and office real estate in Romania, listed on the Main Market of the Bucharest Stock Exchange (symbol ONE), confirms the handover of One Cotroceni Park Phase I, an office and commercial building. Phase I of the development has a gross leasable area (GLA) of 46,000 sqm. At this time, 75% of the office and commercial space has been rented.

Flash Office Solutions - Instant Offices and Co-working Spaces - Our watchword is GREAT FLEXIBILITY

The operator of instant office centers and co-working spaces Flash Office Solutions offers a special package of services for small and medium businesses: modular individual offices and co-working spaces adaptable to the number of employees required to be physically present in the office.

DRUID AI to lease new office space at Opera Center

DRUID AI, a worldwide leader in conversational AI, has relocated in a new office space at Opera Center I, an established office landmark owned by CA Immo in the center of Bucharest, close to the Eroilor metro station, transactions assisted by CBRE.

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Adina Camara

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