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Office Market News

Petrom and Expert Petroleum, the newest tenants for City Business Centre Timisoara

OMV Petrom and Expert Petroleum have signed leases for 750 sqm in the C Building of the project.

Cora to open first mall in Romania

French hypermarket chain Cora will open this summer the commercial centre in Constanța, with an area of 18,000 sqm, with 80% already let, while the investment for the project is EUR 58 million.

Bucharest office buildings with facilities for small to medium companies

Five Bucharest office buildings, co-developed with EU funds, have several facilities for the small and medium companies, starting this year.

Former deputy manager of Cushman&Wakefield is the new partner at Compas

Costel Florea will occupy the new position within Compas Real Estate starting March 2013.

Impact Developer Founders Forced Execution

Transilvania Bank sells the shares of Dan Ioan Popp and Carmen Daniela Săndulescu, the founders of Impact real estate developer. The shares represent 25% of the joint stock of the company.

Former USA ambassador comes back to Romania and runs for the Proprietatea Fund’s direction

Mark Gitenstein, former USA ambassador for Romania and lawyer submitted an application for a place in Representatives Council of Proprietatea Fund, on the behalf of the Emerging Markets Country Fund.

Prologis lease renewals for 56,000 sq. m in Slovakia

Prologis, Inc., the leading global owner, operator and developer of industrial real estate announced the renewal of three leases totalling more than 56,000 sq. m at Prologis Park Bratislava and Prologis Park Nove Mesto in Slovakia.

S Immo plans to reach 100% occupancy for Sun Offices in 2013

The current occupancy rate of Bucharest office building Sun Offices is approx. 80% and the plan for 2013 is to fully rent it.

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Adina Camara

+40 748 886 010


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