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Office Market News

RC Europe Group sells Romanian ARC project to PPF Real Estate

RC Europe, a Czech developer with 17 years of experience in the market, has sold a project with a valid building permit for a 10-storey office building Arc in Bucharest.

Office space rents are more flexible than at the beginning of the year

The rents of class A offices, of the premium buildings, which have free spaces for rent in Bucharest are between 12.5 euro / sqm / month in the southern area and 18.5 euro / sqm / month in CBD, the best listed office area, according to an analysis by Fortim TA, a member of the BNP Paribas Real Estate Alliance. In the Pipera-Voluntari area, rents for class A office spaces fall on time and up to 8 euro / sqm / month.

Speedwell to sell its Miro office building in Bucharest

Real estate developer Speedwell, founded by Belgian entrepreneurs Jan Demeyere and Didier Balcaen, has put up for sale the Miro office building in northern Bucharest. The value of the transaction is intended at more than EUR 60 million.

5 hybrid work modes to make it easier to get back to the office

With a more relaxed pandemic context, without the obligation to wear masks indoors, companies, together with employees, decide whether to continue using the hybrid work system and which of the five hybrid work modes suits them best.

IMMOFINANZ enters the coworking space segment in Romania with mycowork

IMMOFINANZ, one of the leading companies in the local real estate market, announces the launch of the successful mycowork, a myhive flexible office product offering customized workspaces for all types of companies in Romania. Internationally, the mycowork concept was first implemented in Vienna in 2020 and rolled out successfully in several European cities.

One United Properties acquires the former Ford factory

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces the acquisition of a historic building located in the centre of Bucharest, the former Ford factory, from Auchan Romania. The developer estimates significant investments in the next two years in the restoration of the building, with the purpose of protecting and regenerating the cultural heritage of Romania’s capital.

Indotek Group to buy One Victoriei Center office building in Bucharest

Hungarian Indotek Group is in advanced negotiations to purchase the office building One Victoriei Center in Bucharest from One United Properties, according to profit.ro, in a transaction with an estimated value of more than €20 million.

One United Properties to raise up to 100 million euro in equity

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces intention to raise up to 100 million euro in equity from investors in a share capital increase operation, which will be subject to the vote in the General Meeting of Shareholders on April 26th, 2022.

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