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Office Market News

The Romanian investment market closed the first quarter in 2021 with transactions worth 85 million euro

The volume is 42% lower than in the first three months of the pre-pandemic year, following similar trends to the CEE region

Five ways the Internet of Things will change the way we work

Can you imagine that the Internet of Things (IoT) will only bring a wave of talking refrigerators and washing machines with remote communication? Well no, the devices connected to the internet, which communicate with each other, will transform our lives outside the "smart home". For employees, IoT will change the way they work, saving time and resources and opening up new opportunities for growth and innovation.

One United Properties appoints Claudio Cisullo as Chairman of the Board of Directors

One United Properties, a leading green developer of residential, mixed-use and office real estate in Bucharest, announces the election of Claudio Cisullo as Chairman of the Board of Directors starting with May 20th.

PPF Real Estate appoints Mirela Ciovică as Head of Leasing in Romania

PPF Real Estate, a leading developer and investor with property assets exceeding EUR 2 billion globally, has appointed Mirela Ciovică, a seasoned real estate expert, as Head of Leasing for its properties in Romania.

5G technology, integrated services and virtual office development, among the trends of 2021 in global real estate

The global real estate industry is in a constant process of adapting to evolving market conditions, a changing regulatory framework, and a fast-growing technological landscape.

Vox Property Group contracts a financing of EUR 19.5 million from CEC Bank

Vox Property Group, one of the main real estate developers in the western part of Romania, contracted a financing of EUR 19.5 million from CEC Bank.

McCann Worldgroup Romania will move its headquarters at One Tower office building

One Tower office building developed by One United Properties in the heart of Floreasca neighborhood will host the new headquarters of McCann Worldgroup Romania.

Romanian real estate market exceeded all expectations in 2020

In 2020, the real estate market registered a 32% increase in investments, the largest transactions accumulated over 2020 mil. Eur, the office segment excepts more than 230.000 new sqm this year, the industrial sector achieved an increase of 60% of new leases compared to the previous year, and the residential section noted an increase of up to 20% in prices for luxury housing, according to the annual report of Crosspoint Real Estate.

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Alexandra Filip

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