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Office Market News

Globalworth awarded LEED PLATINUM for four office buildings Romania

Globalworth has recently announced that the company has been awarded LEED v4.1 O+M recertification for its office projects City Offices, Green Court, A, B and C in Romania.

Cushman & Wakefield Echinox: The total value of the appraised assets increased by 40% in 2021 due to adding larger projects in the portfolio

The valuation department of the Cushman & Wakefield Echinox real estate consultancy company appraised over 380 properties with a total value of 5.5 billion euros in 2021. The valuation department’s portfolio increased by 10% in terms of the number of properties, while the total value of the appraised assets increased by 40%, due to adding larger projects in their portfolio.

The GTC Group reports a net profit of 43 million euros in 2021

The GTC Group made a profit of EUR 43 million in 2021 amid EBITDA growth adjusted to EUR 113 million, compared to EUR 105 million in 2020.

Romanian real estate investment market still has the resources to cross the EUR 1 billion milestone in 2022

Given the high activity levels seen at the start of the year, with several deals already closed or signed in the first month, investment volumes in Romania could finally exceed 1 billion euro în 2022, according to the 2021 annual report released by Colliers.

S IMMO AG acquires Expo Business Park in Bucharest from Portland Trust

With the purchase of the Expo Business Park in Bucharest, the publicly listed S IMMO AG has added another high-quality office property to its portfolio.

Saint-Gobain chooses One Tower for its offices in Romania

One Tower class A office building, part of the multifunctional development One Floreasca City, already hosts a number of top companies, and starting with April this year, the community is growing. Saint-Gobain Group, world leader in lightweight and sustainable construction, will relocate its Bucharest offices to One Tower building, one of the first green buildings in Romania.

Spotawheel – one of the fastest growing tech platform in Europe, opens its business in Romania in Sema Parc

River Development announces that Spotawheel Romania opens their offices in Sema Parc – Paris office building. One of Europe’s most technologically advanced and fastest-growing used car platforms signed the lease for over 800 sq m office space and an additional 11,000 sq m showroom outdoor space.

One United Properties appoints ESG Committee to shape the sustainability agenda

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces the creation of the Environmental, Social and Governance Committee that will assist the Board of Directors in defining the sustainability strategy. It is the first-ever ESG Committee appointed by the Board of Directors of a Romanian blue-chip company.

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