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The Advisers/Knight Frank: Office stock to increase with approx. 100,000 sq. m in 2015. We expect a number of pre-rentals

The number of office projects scheduled for delivery in 2015 is relatively limited and for the large tenats in the market wishing to relocate the options will also be limited, so we can expect that the request’s evolution to lead to a number of pre-renting transactions according to The Advisers/Knight Frank.

Over 53% of Romanian managers expect positive economic evolution in 2015

Over 53% of Romanian managers expect in 2015 a positive economic evolution, while 34% see a continuation of the crisis, according to a study made by KeysFin.

Demand for retail space to go up in 2015, says DTZ Echinox

After four years during which most retailers have concentrated on consolidation and brand repositioning and less on expansion, 2014 has seen a more dynamic evolution which is expected to continue this year as well, according to representatives of real estate consultancy firm DTZ Echinox.

Romanian M&A market recovers after economic crisis

In the past two years, the Romanian M&A market has shown signs of recovery despite being still dominated by small to medium deals, with slightly increasing values. But the future sounds good for the sector, say specialists. They expect the market to grow both in 2015 and 2016, while some sectors will face a significant consolidation.

Metro line plans advance to feasibility study stage for Romania’s western city of Timisoara

Nicolae Robu, the mayor of Romanian city of Timisoara, recently said that a feasibility study will be made for the project to build a metro line in the city, reports local publication Ziua de Vest.

Esop to create in 2015 office transactions division outside Bucharest

Real estate company Esop, market leader on the small and medium companies office rentals segment, plans to open in 2015 a new office transaction division outside Bucharest.

DTZ and Cassidy Turley united under new brand

DTZ, global commercial real estate player, announced the fusion Cassidy Turley – DTZ, which will operate from now on as a single global company, following the acquisition of Cassidy Turley by the private investment consortium TPG Capital, PAG Asia Capital and the Pension Fund of the teaching staff from Ontario.

Romania ranks 4th in Central and Eastern Europe based on volume of real-estate transactions in 2014

The value of real-estate transactions registered in Romania in 2014 puts the country on 4th place in Central and Eastern Europe, behind Poland, Russia and the Czech Republic, according to CBRE reports.

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