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ESRI, the new Globalworth tenant in Romania

Globalworth, the leading office investor in Central and Eastern Europe, announces a new leasing deal signed for 5 and a half years. ESRI Romania, a global market leader in geographic information system (GIS) software, location intelligence, and mapping, leased an office space of 540 sqm GLA in Globalworth Campus A.

More than 150 buildings received BREEAM and LEED certifications in 2022

In the past 12 months, there were 154 buildings in Romania that received green certifications under the BREEAM or LEED standards, accounting for one-third of all buildings that were certified in the past 14 years, according to data from green building consultancy ADP.

Citi Romania relocates its headquarters to Tiriac Tower in Bucharest

Citi Romania announced the inauguration of its new headquarter offices in Bucharest, located in the Tiriac Tower on Buzesti Street.

Commercial real estate market, relatively stable in most CEE countries

The year 2022 ended with a record level of investment in commercial real estate, with Romania recording a volume of over €1.2 billion, the highest since 2007.

America House becomes the first Outstanding BREEAM In-Use office building in Bucharest

America House, the Iconic Class A office building, located in the heart of Bucharest CBD, is the first – Class A office building in Bucharest to obtain an OUTSTANDING rating according to BREEAM In-Use certification methodology, after a major investment of 10 million euros.

The land market in Romania just had one of its most active years in history

The volume of land sales for commercial real estate projects in Romania (excluding for traditional industrial and logistics projects) reached approximately 450 million euros in 2022, down from almost c.800 million euros a year earlier, according to Colliers estimates.

SkyTower signs new leases and welcomes three new tenants: ZoidPay, Kubeark and Certion

SkyTower Building, the tallest office building in Romania, has concluded three new lease contracts, welcoming Romanian start-up ZoidPay, software developer Kubeark and real estate developer Certion as the tower’s new tenants. Together, the three new tenants have contracted a total office space of almost 2.000 sqm.

BAT Global Business Solutions to relocate to One Cotroceni Park office development

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the conclusion of a new important leasing contract in the office segment: Global Business Solutions (GBS), the largest shared services centre of the BAT group and one of six globally, is moving its offices from Romania to One Cotroceni Park, Phase 2.

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