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Office Market News

Office supply growth in 2012

Modern office supply increases in 2012 with 100,000 sqm, reaching 2.2 million sqm at the end of 2012, according to the most recent report of CBRE.

Office buildings aged before time. How much are paying the tenants for the construction glitches

The most popular facade systems in Romania are 60% cheaper for the construction budget, but ends up to 25% higher maintenance costs, compared to other EU solutions.

Businessman Ioannis Papalekas acquires new properties for 5 million euros

Businessman Ioannis Papalekas, the buyer of City Mall and Tower Center International , properties in severe financial difficulties, has finalized another similar transaction from the insolvent company Lufin Construct.

Immofinanz let 42,500 sqm logistic and office space

New tenants include Proficare, which has signed a lease for the entire Log Center park in Ploiesti.

Iulius Group will add “green value” to a new office project in Cluj

Iulian Dascalu, the owner of Iulius Group, has finalized the plan for the green area in the neighbourhood of West Lake from Cluj-Napoca, part of a Eur 12 mil. project, including the construction of an office building.

Orange keeps the headquarters in Europe House, extending their premises

Orange România has renewed the lease for the premises in Europe House (Victoriei Sq., Bucharest) at the end of 2012.

NEPI and Ovidiu Sandor start the preparation of THE OFFICE site

“The Office” project from Cluj-Napoca is the most important office scheme from outside Bucharest, with a total rentable area of 54,000 sqm.

Buma prepares new Kraków office project

Buma Inwestor is preparing to break ground on a new office project in Kraków. The new scheme is set to go up on Stefana Rogozińskiego street and will offer 18,000 sqm of leasable space.

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Adina Camara

+40 748 886 010


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