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Office Market News

STABLES, the newest co-working space in Cluj-Napoca, opened within Record Park

Stables, a new concept of serviced offices, a premium co-working space has opened in the heart of Cluj-Napoca, within Record Park office project, right inside the former Imperial Stables.

Asolo manufacturer rented 3,600 sqm office and industrial space in Network Industrial Park, developed by Zacaria in Sibiu

The Italian outdoor footwear manufacturer Asolo moves, at the beginning of next year, to a new Class A industrial space, of over 3,600 sq m, located in Network Industrial Park, developed by the Maltese from Zacaria in Sibiu.

Office market in Bucharest, over 3.3 million sqm

With the end of the year approaching, the impact of the COVID-19 crisis on the global and local economies has become clearer. Despite of the unprecedented situation we are in and the strong blow it dealt to the economy, the Romanian investment market has performed better in the first three quarters of 2020 than in the whole 12 months of 2019.

CA Immo leases 1,300 sqm in Bucharest office building Orhideea Towers

After a thorough market analysis, MassMutual chose Bucharest landmark building Orhideea Towers for their Global Business Service Center, signing a lease agreement for 1,300 sqm on the top floor.

Most companies continue to hire people and expect to get in a better shape during 2021

Nearly three-quarters of landlords and tenants in the office market believe that the Covid-19 epidemics will continue to affect their operations and the overall business evolution will become satisfactory either in the second half of 2021 or in 2022, according to a survey conducted by Colliers International among more than 100 tenants and landlords on the Romanian office market.

An SME can increase by 80% the efficiency of a marketing campaign, by using a CRM system

A recent study by Interactions and Mediapost Martech shows that data collected for marketing purposes, through a Customer Relationship Manager (CRM), is a business opportunity that can increase the efficiency of a campaign by 80%. .

The office space market in the third quarter was pulled up by renegotiations

In the third quarter of 2020, just ended, the office rental market in Romania accumulated 56,730 square meters and approached the same quarter of 2019, representing about 88% of that period, according to an analysis by ESOP Consulting. For more than half of these spaces, tenants preferred to stay in the same office buildings, with extension contracts being signed.

Casa Rusu relocates its HQ in Vox Technology Park from Timisoara, and leases 500 sq.m. of office space

Casa Rusu, one of the largest furniture manufacturers and retailers in Romania, already took over the new space in Vox Technology Park office building from Timisoara, inaugurating the new headquarter at the beginning of October.
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