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Office Market News

8 out of 10 employees want to work in a healthy office. A certified building limits the risks and reduces the level of stress

Almost 96% of Romanian employees consider that the standards that certify the level of resilience of a building in the face of a pandemic are not only useful, but also necessary in the current context, according to a survey initiated by Genesis Property among 1,208 employees across the country.

The largest office portfolio with COVID-19 certification compliance: CA Immo receives certifications for all its 7 buildings in Bucharest

CA Immo has obtained the internationally COVID-19 Compliant certification granted by Safe Asset Group and the DEKRA Trusted Facility certification for its entire Romanian portfolio, thus confirming the measures implemented to comply with national and international health and hygiene regulations and protocols.

New investor on the Romanian real estate market: CBRE assisted Adventum in the acquisition of Hermes Business Campus

CBRE Romania assisted Adventum Group, a CEE focused real estate investment manager, entering on the Romanian real estate market through the acquisition of Hermes Business Campus, an office complex located in the north Bucharest. Adventum’s first investment in Romania marks the biggest office transaction in Bucharest in 2021 as well as the largest investment of a new real estate player in Romania since 2018.

Law firm CMS Romania to relocate to One Tower office building

Real estate developer One United Properties announces that CMS Romania will be among the companies based in the One Tower office building.

Portland Trust announces new tenants in J8 Office Park, project scheduled for completion in the summer of 2021

The real estate developer Portland Trust announces the leasing of an area of ​​2,500 square meters, located in building A of the J8 Office Park project, to Euroins Romania, the second largest insurer on the local market.

EBRD sells stake in Globalworth to a Consortium that already owns major stake in developer

The European Bank for Reconstruction and Development (EBRD) has decided to sell its 5% stake in Globalworth, the biggest owner of office buildings in Romania, for approx. EUR 77.5 million.

One United Properties entered into a financing agreement of EUR 78 million for One Cotroceni Park project

One United Properties S.A., one of the leading green developers of residential, mixed use and office real estate in Bucharest, announces entering into a financing agreement for up to EUR 78 million for the office component at One Cotroceni Park project.

Transactions totaling 300 million euros have been closed in H1 2021, backed by the increasing office appetite of the Austrian investors

The total value of transactions with commercial real estate assets in Romania reached 298 million euros in the first half of 2021, a 23% decrease compared to the same period of last year, the market being supported primarily by the return of the Austrian investors’ appetite for office buildings, according to the Romania Investment Marketbeat, launched by the Cushman & Wakefield Echinox real estate consulting company.

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