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Office Market News

The Biggest Bucharest Office Lease Transactions in 2013

According to Ziarul Financiar analyse, the companies that signed the most important lease agreements on Bucharest office market are Generali, BitDefender and Mercedes Benz.

Colliers Property Management, significant turnover raise in 2012

The company’s turnover raised 5 times in 2012 compared to 2011. Colliers has in plan for 2013 to extend its portfolio in all areas of expertise: industrial, office and retail.

Tenants’ migration from Novo Park to Iride Business Park

A part of Veolia group, a group holding also Apanova, relocates from Novo Park 3 to Iride Business Park, owned by Immofinanz, to a larger area.

Evo Center One office building to be sold through public auction

The office building in Pipera belongs to Romanian businessman Dinu Patriciu and it will be sold after the company which administrates the building CHF Investitii, went bankrupt. The starting price is EUR 1.45 million.

CBRE acquires Impact-Corti

CBRE Group, Inc. a leading global commercial real estate services and investment firm, today announced the acquisition of IMPACT-CORTI a.s., a firm specialising in property management in the Czech Republic and Slovakia.

7.3% growth for CA Immo income in Romania

CA Immo, one of the biggest office owners in Bucharest and the owner of the biggest logistic park near Bucharest realized EUR 30.6 million local revenues from rents, with a 7.3% growth from 2011, according to the company’s financial report.

European office rents decreasing

The Jones Lang LaSalle European Office Index which tracks the performance of prime office rents across the region has decreased for the fourth consecutive quarter, recording a fall of 0.6% over Q4 2012. It now stands 1.5% lower than a year ago.

Bog’Art, nominee for the CEE constructor of the Year

Bucharest based constructor Bog’Art, controlled by the businessman Raul Doicescu, was nominated for the section “Constructor of the Year” in the competition Central and Eastern European Real Estate Quality Awards organized in partnership with the British business newspaper Financial Times.

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Adina Camara

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