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Office Market News

Docaposte, the digital subsidiary company of La Poste Group from France, present in the River Plaza building

Docaposte, the digital trust leader in France, and subsidiary of the La Poste Group, is a French multi-activity business company (mail, banking, parcels, a network of retail outlets, digital tools, etc.). Docaposte is present in Romania through one of its subsidiary, Trust & Sign Systems, in the River Plaza building, until 2027.

One United Properties to start works for One Technology District, the largest semiconductor R&D centre in the Southeast Europe developed for Infineon Technologies

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the start of construction works for One Technology District, a project that will host the largest semiconductor R&D centre in the Southeast Europe, operated by German giant Infineon Technologies, a Frankfurt Stock Exchange-listed company and a global leader in semiconductors. One United Properties has obtained the building permit and can begin the construction of the turn-key office building, which integrates cutting-edge energy-efficient technologies.

New tenants within Arghezi 4 office building developed by Strabag Real Estate in city center of Bucharest

Cushman & Wakefield Echinox is pleased to announce that four local businesses – Sciccheria, Steam, Velocita, and French Revolution – are the newest tenants within the boutique office building Arghezi 4, located in the heart of Bucharest, near University Square.

AscentCore expands to Timisoara in ISHO Offices

The IT company AscentCore has expanded its activity in Timisoara, choosing an office space in the ISHO building, owned by Mulberry Development.

Modern office rental in the top regional centers: Bucharest, Cluj-Napoca and Timisoara in the top three places

In Romania, a total of 205,853 sq m of modern office space was leased in the first half of 2024. This is 0.2% more than in the same period last year. Bucharest tops the list of university centers chosen by companies for new headquarters and contract renewals, followed by Cluj-Napoca and Timisoara.

One United Properties contracts a 20-million-euro increase to the 2021 financing agreement for One Cotroceni Park Office (Phase 1 and Phase 2)

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the contracting of a 20 million euro increase in the financing obtained in 2021 for the development of One Cotroceni Park Office Phases 1 and Phase 2. The financing banks for the increase are Banca Comercială Română S.A. and BRD Groupe Société Generale S.A. The purpose of the increase for One Cotroceni Park Office Phase 1 and Phase 2 is to reimburse shareholder loans and cover other costs related to the credit facility increase transaction.

RE/MAX network expands in Romania

Residential broker RE/MAX has announced the expansion of its Romanian network with five new franchises in five cities.

Personal development or nutrition workshops and also product tastings are highly appreciated by the employees working in office buildings

Personal development and nutrition workshops, massage sessions and multisensory experiences such as cheese or ice cream tastings organized by office building landlords are highly appreciated by employees. These initiatives aim to create a work environment which encourages a gradual return to offices. The budget allocated for these actions can reach up to €10,000 per year per building, an amount which has a minor impact on the owners’ rental income.
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