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Articles

Land transactions in Bucharest reached 245 million euros last year

Developers and real estate investors registered last year, in Bucharest, acquisitions of land with a cumulative value of about 245 million euros, a new record of the last ten years.

Investment volumes in the CEE markets hit EUR 13.8bn in 2018

The real estate consultancy company Colliers International reveals in its latest CEE report, Outlook 2019: Climbing at the altitude, that we ascended to record volumes of EUR 13.8bn in the CEE region, up 5% year-on-year in 2018. For 2019, Colliers experts expect the Eurozone interest rates to be flat-lining at zero, thus keeping liquidity high, buyers interested and helping pricing to plateau. We foresee selective compression in capital city prime office yields.

Morgan Stanley considers the acquisition of Hermes Business Campus office project in Bucharest

Morgan Stanley Real Estate Romania, the local division of the American giant, looks at the possibility of acquiring the Hermes Business Campus in Bucharest, situated in the Dimitrie Pompeiu area, from Belgian developer Atenor, according to market data.

The construction of the second office building within AFI Tech Park will start in May

AFI Europe real estate developer announces the beginning of the construction of the second building in the AFI Tech Park office building.

The office space market, over 300,000 m2 announced for 2019

Demand on the office space market reached 325,000 m2 in Bucharest at the end of 2018, shows the balance of the evolution of the office space market in Bucharest in 2018, a study conducted by CBRE.

The post-millennial young people in Bucharest are most satisfied with their office

The post-millennial young people in Bucharest, belonging to the Z-generation (18-24 years), are most satisfied with their office, show the surprising results of the first study conducted by CBRE on the importance of the working environment of the office buildings for employees during 2018.

Globalworth Campus obtains BREEAM Excellent certification for the first two office buildings

Globalworth has obtained the "green" BREEAM certification at Excellent Level for Tower 1 and Tower 2, the first two office buildings in the Globalworth Campus project.

American Christopher Shonn joins Avison Young Bucharest

Christopher Shonn is the new Senior Adviser of the Capital Markets Division of Avison Young Bucharest, the local subsidiary of Canada's largest independent real estate broker.
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