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Office Market News

Flanco Relocates to SkyTower Bucharest, Romania’s tallest building

Flanco Retail, one of Romania’s leading retailers of electronic and household appliances, announces the move of its headquarters to SkyTower, the tallest building in the country and a notable sustainable landmark in Bucharest.

Ethos House announces the lease of 1000 sqm of its office building to SC Intaro Insurance Services SA

Ethos House, a class A office building located in the top commercial area of ​​Bucharest, is pleased to announce the signing of a office lease for 1000 square meters of the total available 2900 sqm, starting on January 1, 2025. The space will be taken by SC Intaro Insurance Services SA, a company with a tradition of excellence in insurance services and MGA structure.

Vectr Realty acquires The Landmark offices in Bucharest from Revetas Capital

Vectr Holdings, through its subsidiary Vectr Realty, acquired 100% shares of the company that owns The Landmark office building in Bucharest, as part of its growth plans in Romania. The property was bought from funds managed by Revetas Capital and affiliates of Cerberus Capital Management.

Romanian real estate market ends the first half of the year with a favorable outlook

Large infrastructure investments, significant salary growth above inflation, a stable external economic context, and central banks’ victory in combating inflation are helping the Romanian real estate market maintain a favorable outlook. However, results are generally mixed, according to Colliers Romania experts in their market report for the first half of the year, set to be released at the end of the month.

MHP Romania opens its first offices in Bucharest at MUSE Offices

Primavera Development, in partnership with consultancy firm Griffes, announces the opening of the first Bucharest office of MHP Consulting Romania, the IT division of the Porsche group, in MUSE office building. This initiative marks a significant milestone for MHP and represents an important step in consolidating the company’s presence on the Romanian market.

TMF Group Relocates to America House in Bucharest’s Central Business District

TMF Group, a leading provider of compliance and administrative services, has signed a lease agreement for 1,700 square meters of office space at America House, the vibrant office building in Bucharest's central business district (CBD).

SPEEDWELL launched the second edition of its Sustainability Report

SPEEDWELL, one of Romania's most active real estate developers, launches its 2023 Sustainability Report. The official ESG reporting document highlights, both the initiatives and main sustainability strategies developed, as well as the company's internal resources and its impact at all stages of development, from concept to project delivery.

Colliers Romania promotes Alexandru Atanasiu to Head of Construction Services

Colliers announces the promotion of Alexandru Atanasiu to Head of Construction Services and Member of the Board of Directors. Previously, he held the position of Deputy Head of Construction Services and Asset Services.

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