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Office Market News

PPF Real Estate has two new tenants in Crystal Tower

PPF Real Estate, a developer and investor with real estate assets exceeding 2.4 billion euros globally, recently announced the signing of new leases for Crystal Tower, the Class A office building it owns in the center of the Capital.

The real estate investment market in Romania totaled approximately 570 million euros

The real estate investment market in Romania totaled in the first 9 months of the year approximately 570 million euros, 29% less than in the same period last year, when the volume amounted to about 890 million euros, according to JLL Romania. In the third quarter, transactions totaling just over 260 million euros were closed.

Dover opens Business Services Office in Globalworth Plaza

Dover, a diversified global manufacturer and solutions provider, recently opened an office for its Business Services (DBS) function in Bucharest’s Globalworth Plaza. The 1,170 square meters space will enable DBS to continue providing value-added services to Dover operating companies in the areas of finance, information technology and human resources.

SkyTower receives the ÖGNI - DGNB sustainable building certification in gold

SkyTower, the tallest office building in Romania, has received the Gold DGNB certification for sustainable buildings, following the assessment by ÖGNI (the Austrian Society for Sustainable Real Estate Management).

CBRE assisted Eli Lilly in renewing the lease in Bucharest Business Park

CBRE advised Eli Lilly and Company (NYSE: LLY) in the process of renewal its offices from Bucharest Business Park (BBP), a project owned by CA Immo in the north-west of Bucharest.

Campeador contracts a financing of EUR 4.5 million from CEC Bank for a mixed-use project in Timisoara

Campeador City will reunite in total eight blocks of flats with one, two and three rooms, and an office building, which will also include commercial spaces and a kindergarten. The project will be developed in four stages.

SII Romania to move its offices to One Cotroceni Park office building

One United Properties announces the signing of the lease agreement with SII Romania for an office space with a total area of 3,710 square meters in One Cotroceni Park office building.

Available office space in Cluj – Napoca drops dramatically

The total A Class office space due to be delivered this year in Cluj – Napoca will decrease by 85% compared to last year, which led to a drastic reduction in available office space for rent.

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Alexandra Filip

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