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Office Market News

Central District Viitorului 134, a new mixed project in the center of Bucharest

The real estate developer Forty Management & Investments, led by the entrepreneur Lucian Azoiței, will build about 33 apartments and 1,000 sqm of offices, whose market value, at the end of the construction is estimated at about 9.5 million euros, on a land of 2,200 sqm bought at the beginning of the year one on 134-136 Viitorului Street, in a transaction valued at about 2.1 million euros.

Felinvest completes the Cluj Business Campus, EUR 27 million total investment

The final stage of the project represents a total investment of 14 million Euros in a mixed building that includes class A office spaces and 90 apartments and was completed in June 2020. Cluj Business Campus becomes a mature project by concretizing this last stage of development .

The occupancy costs of office spaces represent 3-4% of the turnover of services companies in Bucharest

The occupancy costs of office spaces represent, on average, between 3 and 4% of the turnover of services companies in Bucharest, and they may fall even below 2%, in some cases, according to an analysis of the real estate consultancy company Cushman & Wakefield Echinox.

Catinvest to open the first Class A office building within the Electroputere Parc Craiova

Catinvest opened the first class A office building in Craiova, in the Electroputere Parc shopping center, as part of its strategy to consolidate the project in the Oltenia region.

Remote work turns green: Hotspot Workhub Bucharest certified BREEAM Excellent

Hotspot Workhub, the office space dedicated to flex-work right in the heart of Bucharest, Romania, has recently obtained the BREEAM Excellent certification for sustainable fit-out.

9 Commercial Real Estate Lead Generations Must in 2021

In order to become successful in the highly competitive business of commercial real estate it is very important to invest in lead generation.

Portland Trust to lease 4,000 sqm ground floor of its J8 Office Park

Portland Trust announces the leasing of the ground floor retail area comprising 4,000 sq m of its new 46,000 sq m net office development, J8 Office Park. The ground floor has been designed to offer the office tenants and the local community a wide range of food options, retail and services, all set around a large, verdant and attractive courtyard.

Trends in facility management in 2021

Why is it important to know the trends in the field of facilities management that will be accentuated in 2021? Because you will have to decide how to integrate them in the company's strategy as well as in the operational tactics to align the objectives with the emerging elements in the market in order to implement new projects and programs on time.

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