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Office Market News

One United Properties moved its headquarters to One North Gate business park, with € 1 million invested for refurbishment

One United Properties has consolidated the company’s entire operations at One North Gate, occupying over 15% of the Gross Leasable Area of the property.

Foreign direct investments increased by 2.5% in the first 11 months of 2019

Foreign direct investments increased in the first 11 months of 2019 by about 2.55% compared to the same period last year, to 5.145 billion euros, according to the National Bank of Romania.

BRD Group Société Générale signed the financing agreement for the Record Park project in Cluj-Napoca

Speedwell, one of the most dynamic real estate developers in the Romanian market is joining hands with BRD Group Société Générale by signing a financing agreement of 22,5 mil. Euro for the development of Record Park, the first mixed urban regeneration project in Cluj–Napoca.

Why Large Companies Are Joining the Flex Office Movement

With flexible offices on the rise, some people may still be thinking, “Nice idea, but it’s not for my business.” But one of the more interesting trends in the workspace landscape today is that around the world, many large companies are choosing to put their teams or even entire departments in flex offices (also known as coworking spaces).

Globalworth begins construction of Constanta Business Park, the largest mixed-use park in Romania

Globalworth Industrial, the industrial and logistics sub-brand of Globalworth, the leading office investor in Central and Eastern Europe, has begun construction at Constanța Business Park, the largest mixed-use project in Romania.

Vigorous M&A activity in 2019 in Romania

The mergers and acquisitions (M&A) market has witnessed 110 transactions in Romania in 2019, the highest level in a decade. In 2018, the number of deals was 98 and in 2017,106.

The Vivion Investment Fund from Luxembourg bought the BCR Palace on University Square in Bucharest

Luxembourg's Vivion Investment Fund, controlled by brothers Isaac and Amir Dayan of Israel, bought the BCR Palace on University Square.

Top 10 facts about the Romanian real estate market in 2019

A year-end review through the lens of Colliers start of the year forecasts

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Adina Camara

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