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Office Market News

Raiffeisen Bank România moved in Sky Tower, the tallest building in Bucharest

Raiffeisen Bank România has announced the relocation of the central administration quarters and of the group subsidiaries in Sky Tower, where approx. 1,700 employees will work.

Adama sold a quarter of the second phase of Edenia Titan residential project

The real estate developer Adama, part of the Austrian group Immofinanz, has announced the selling of 25% of the 126 units of the second phase of Edenia Titan residential project, which resistance structure was recently completed.

NEPI buys plots for malls across the country

South-African fund New Europe Property Investments (NEPI) announced recently that will expand in Serbia, Hungary, Slovenia and Bulgaria, but the Romanian market will remain the main target, with EUR 500 million investment planed by 2016.

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.

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