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Office Market News

EUR 28 million overpass in Colentina district, Bucharest, received the building permit

Gabriela Firea announces that the authorization for the construction of the overpass in Doamna Ghica area has been signed, the works to be completed in 12 months.

Forte Partners announces investments of about 100 million euros in two office buildings located in the center of Bucharest

Developer Forte Partners announces investments of about 100 million euros in two office buildings developed in central Bucharest. The projects are Matei Millo, worth 40 million euros, and Tandem, with a market value of 65 million euros.

Romania ranks third in the region with 61 companies in Coface Top 500 CEE

Romania has surpassed the Czech Republic in Central and Eastern Europe as the number of companies present in the top 500 largest companies in the region, being the third country in the ranking, with 61 companies, after Poland and Hungary.

Land transactions in Bucharest: over 500,000 square meters were traded in the first 6 months of 2019

Real estate investors bought land worth over 50 hectares in Bucharest in the first half of this year.

THE LIGHT ONE: The latest project in Central-Western Bucharest

Ready to move your business to Bucharest’s most vibrant business district? Enter the world of innovation and creativity and discover The Light One Office Building. The first development phase of the mixed-use project The Light is underway, delivering 21,653 sqm in Q2 2019.

Business executives expect automation to increase workforce capacity by 27% over the next three years

Business executives expect automation solutions such as robotics, machine learning and natural language processing to increase workforce capacity by 27% over the next three years, shows the latest Deloitte Automation with Intelligence Survey, conducted on over 500 organisations in 26 countries worldwide, including Romania.

Commons opens a new coworking space in Baneasa

Commons will open in October its third coworking space in Bucharest. The new Commons space is located in the Victoria Business Park building owned by IMMOFINANZ, located in Baneasa area. This is the company’s third coworking space opened in Bucharest, thus strengthening the company's position on the city’s office space market.

More Fortune Global 500 companies locating in CEE-6 will increase demand for commercial real estate

Now, Romania counts 105 companies out of the global top, while Poland or Czechia count 139 and 111 respectively.

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