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Office Market News

Most office buildings in Pipera-Voluntari obtain DEKRA certification, Trusted Facility Standard

Starting with December 2021, over 20 buildings in Pipera-Voluntari, north of Bucharest, obtain the DEKRA Trusted Facility Standard certification, in the context of the coronavirus pandemic.

One United Properties announces the handover of One Cotroceni Park Phase I

One United Properties S.A., one of the leading green developers of residential, mixed-use and office real estate in Romania, listed on the Main Market of the Bucharest Stock Exchange (symbol ONE), confirms the handover of One Cotroceni Park Phase I, an office and commercial building. Phase I of the development has a gross leasable area (GLA) of 46,000 sqm. At this time, 75% of the office and commercial space has been rented.

Flash Office Solutions - Instant Offices and Co-working Spaces - Our watchword is GREAT FLEXIBILITY

The operator of instant office centers and co-working spaces Flash Office Solutions offers a special package of services for small and medium businesses: modular individual offices and co-working spaces adaptable to the number of employees required to be physically present in the office.

DRUID AI to lease new office space at Opera Center

DRUID AI, a worldwide leader in conversational AI, has relocated in a new office space at Opera Center I, an established office landmark owned by CA Immo in the center of Bucharest, close to the Eroilor metro station, transactions assisted by CBRE.

2021, record year for the Romanian land market, with over EUR 800 million worth transactions

The volume of transactions with land dedicated exclusively for residential and commercial projects (office, retail, hotel) saw last year its highest value since 2007. The market has increased more than two and a half times compared to the estimated volume of 310 million euros in 2020, according to Colliers data.

Record number of M&A deals in 2021, estimations for unprecedentedly intense activity in the coming years

Romania’s mergers and acquisitions (M&A) market reached an all-time record in 2021 in terms of number of deals, having recorded 137 transactions, according to an analysis conducted by Deloitte Romania.

ATENOR sold the office project Dacia One to Paval Holding

ATENOR announces the closing of the sale of its Romanian subsidiary, Victoriei 174 B.D. srl, owner of the DACIA ONE project to Paval Holding. This investor is known, among others, asthe owner of Romanian DIY retail business “Dedeman”.

Residential returns to the forefront of the real estate market alongside the industrial sector in 2022, while the office market is shrinking

The industrial sector became the new star of the real estate market in 2020-2021 as the growth of online commerce but also the expansion of large retail networks needed additional storage space, according to ZF.ro.

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