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Office Market News

Nusco to Build a New Office Tower in Northern Bucharest

Italian group Nusco prepares the documentation for the building permit.

AFI Park 1 reaches 85% occupancy rate

Endava decided to extend their offices with 600sqm, reaching 3,000sqm office area in AFI Park 1 office building.

EPF appoints Liviu Tudor for Vice-President for Eastern Europe

Romanian Businessman Liviu Tudor, one of the biggest office owners in Romania, the founder and president of the Romanian Association of Building Owners was appointed as new Vice-President for Eastern Europe by the European Property Federation.

Felinvest to complete first office building in Cluj Business Center project

Felinvest, a real estate company owned by businessman Octavian Buzoianu, will complete in March its first office building module part of a real estate project developed on the former sweets factory Feleacul’s site in Cluj-Napoca.

Papalekas Buys Cathedral Plaza office building in Bucharest

Greek investor Ioannis Papalekas has recently struck a deal with Israeli billionaire Eyal Ofer to buy Cathedral Plaza tower in central Bucharest.

Graells&Llonch to develop a new logistic park in Agigea

The Spanish developer will start this year the works for their third logistic and industrial park in Romania, in partnership with Chayton Capital.

Swedish Skanska starts works at Green Court office project in Floreasca

Skanska to invest 46 million euros for the first phase of the Bucharest office project, 19,500 sqm office building and the underground parking for the first two buildings of the project.

2012 revenue for the biggest real estate players in Romania

Ten biggest local real estate investors have realized last year 350 million euros revenues from the exploitation of their portfolio (malls and office buildings).

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Adina Camara

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