Liebrecht & wooD, the international real estate company with a rich history of transformative projects in Central and Eastern Europe since 1991, present in Romania for over two decades, is pleased to announce the completion and inauguration of the public services building known as the Agora at the Liziera de Lac residential complex.
Workspace Studio, specializing in high-quality office furniture and integrated office design projects, and a Certified Dealer of the MillerKnoll group in Romania, notes a transition this year towards projects where companies aim to maximize the value and quality obtained from a fixed budget. Budget-centred design reflects a growing trend among companies interested in superior solutions that support the modern office setup and employee activity.
The total volume of office space rented outside the Capital is increasing. In the first three months of 2024 alone, modern offices were leased with a total area representing 47% of the total area transacted last year, in all major business centers.
The Palas Campus office project in Iasi, part of the Iulius group's portfolio, obtained a double green certificate: EDGE, from the International Finance Corporation (IFC), and LEED Platinum, the maximum level of LEED certification granted by the U.S. Green Building Council.
Cushman & Wakefield Echinox closed 2023 with a revenue of EUR 12 million, marking a 15% increase compared with the previous year. This impressive growth propelled the company to the second place among real estate consultants in Romania, in a year marked by a stagnation of this particular business segment.
COS, one of the most important providers of integrated fit-out services and pioneer of this segment in Romania, reports a business volume of 29 million euros in 2023. In a stagnant office market in from the point of view of the supply of new buildings delivered last year, the company is consolidating its cross-sectoral and national activity, diversifying its sources of income at the same time.
The hybrid working system, which combines remote work with in-office presence for the entire team, has remained in practice in many companies even after the end of the pandemic, but the number of employees returning to the office is growing, note consultants from the Asset Services department of Colliers Romania, which manages about 640,000 square meters of real estate, nearly 600,000 square meters of which are offices.
The shareholders of One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, approved, during the General Meeting of Shareholders held on May 28th, 2024, the share capital increase operation with cash contributions that will raise 70 million euros to finance the Company's next growth phase. The GMS quorum was over 80%.
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