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Colliers' Construction division appointed Project Manager by Infineon Technologies for its new headquarters

German giant Infineon Technologies, a global semiconductor leader in power systems and IoT, has appointed Colliers as the project manager for its new Romanian headquarters, which will be built in the Dimitrie Pompeiu area of Bucharest by the leading real estate investor and developer One United Properties.

Nestlé practices the hybrid way of working, in accordance with the preferences of the employees

Companies that offer employees the option to work, even partially, from home are much more attractive than those that have reverted to the traditional pre-pandemic office schedule. Consequently, one of the trends of 2024 in the recruitment market, from the perspective of candidates, is to change the full-time office job to one where work from home is allowed.

SVN Romania expands across borders and plans 15 new offices

Real estate consultant SVN Romania expanded its activity across borders by launching the SVN Overseas division, which offers consultancy and brokerage services for dozens of residential projects, of which about 20 exclusively for Romanian buyers. In addition, the company plans to expand in Romania through 15 new regional offices in the main regional economic centres but also in Bucharest and its surroundings.

CPI Romania in 2024: new lease contracts for a cumulative area of ​​41,500 sqm in the office segment

CPI Romania, part of CPI Property Group, signed lease contracts in 2024 for a total area of ​​41,500 sqm, adding multinational companies active in key sectors of the economy to the local portfolio of offices, and maintained its average occupancy rate of retail projects at 98% as a result of investments in the remodeling of its shopping centers.

RIVER DEVELOPMENT becomes SEMA Real Estate

The local real estate developer and investor River Development announces the transformation of its current brand, River Development, into SEMA Real Estate. River Development represented the identity of the developer for more than 20 years and supported the image of a prominent player on the real estate market in Romania. The rebranding marks a new stage for the company, reflects its natural evolution and brings more clarity to defining the communication pillars of our projects in the portfolio and in strengthening the brand positioning in the market.

Genesis Property secures BREEAM Outstanding Certification for YUNITY Park's Building F

Genesis Property, one of the leading office building owners in Romania, has obtained the highest level of BREEAM International In-Use certification, Outstanding, for Building F in the innovative YUNITY Park business campus, which hosts renowned companies such as HP Enterprise, HP Inc., Garanti BBVA, DXC Technology, Luxoft, and Yokogawa.

Companies leased new offices for around 8,000 employees during H1 2024, with a considerable new demand rebound

The net office take-up in Bucharest across Q2 exceeded the renewal and renegociation transactional volume for the first time during the last two years, with a positive impact on the average vacancy rate, given that no new office projects were delivered in H1, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Radio ZU Lease takes MIRO Office Property to Full Occupancy

Hili Properties plc, the owner of the MIRO Office property in Romania has leased the last 1,540 square meters of office space to Radio ZU, one of Romania’s most popular radio stations, taking MIRO’s occupancy to 100%.

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