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Oprescu, on Cathedral Plaza Demolition: We will see if there are Risks for St. Josef’s Cathedral

Bucharest’s mayor, Sorin Oprescu, has declared on Friday that an expertise committee was appointed regarding the demolition of the office building Cathedral Plaza, in order to decide about eventual risks for the St. Josef’s Cathedral in the close neighborhood.

IT Company To Take Over Last Available Office Space in Floreasca Business Park

Atos IT Solutions and Services, the local branch of ATOS group, with EUR 8.8 billion worldwide turnover in 2012, rented since 1st of October the last available office space Floreasca Business Park in Bucharest, with an area of 326 sq. m.

America House offices are now fully leased

AEW Europe, the asset manager of America House business centre, announces that one existing tenant extended the leased surface with 1,227 sq m, occupying the last remaining vacant office space in the building. Jones Lang LaSalle was involved directly or as third party in all the 4 office leasing transactions concluded this year, of a total area of 4,013 sqm, that led to 100 % occupancy.

Romania’s Trade Deficit in Decline, Exports Experience Slight Boost

In the first eight months, the trade deficit has dropped by over 40 percent to RON 16.48 billion (EUR 3.74 billion) compared to the same period last year, while exports have gone up by 7.9 percent in euros and imports have dropped as well, according to data released yesterday by INS (the National Institute of Statistics).

Bluehouse Capital’s Bucharest Office Buildings Sale, in Stand-by. The Buyer Cancels its Warsaw Listing

Meridian Properties, company registered in Netherlands, has cancelled the listing process on Warsaw Stock, intended to attract EUR 170 million for real estate acquisitions in the region, including three office buildings in Romania - Astoria Business Center, Olympia Tower and Victoria Center.

Australian pension funds to target European commercial real estate market

A new report released by Jones Lang LaSalle's International Capital Group highlights the increasing amount of Australian capital expected to be invested into offshore commercial real estate markets by 2020.

Office Market, More Active in 3Q: Over 90,000 sq. m in Transactions

Third quarter of the year was active on the office market: 90,030 sq. m were subject to transactions, including all type of office transactions in Bucharest – relocation, renewal and extension, according to Esop Consulting.

Mega Image Opened Second Concept Store in Bucharest

Retailer Mega Image opened on Wednesday its second concept store in Bucharest, located in the Berceni neighborhood.

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