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Articles

Top regional centers for modern office rentals: 82% of all offices rented by companies outside Bucharest are in Cluj-Napoca

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.

Double EDGE and LEED green certification for the Palas Campus Iași office project

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 registered a 15% revenue growth in 2023 in a stagnant market and now ranks 2nd among real estate consultancy companies in Romania

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 is strengthening its portfolio and activity at the national level and reports an annual business volume of EUR 29 mln

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.

An increasing number of employees are returning to the office. Some companies have started adding positions such as Workplace Experience Manager to their organizational chart

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.

One United Properties’ shareholders approve 70 million euros share capital increase

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%.

Pavăl Holding, the investment vehicle of Dedeman owners, achieved profits of 2.3 billion lei in 2023

Pavăl Holding, the investment vehicle of the brothers Adrian and Dragoş Pavăl, the owners of the DIY Dedeman network, recorded a net profit of 2.3 billion lei in 2023, 52% more than the previous year, according to data published by the Ministry of Finance.

DP World Romania opens a new branch and expands business area in Romania at One Cotroceni Park

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, is pleased to announce that DP World Romania, a global leader in logistics and supply chain solutions, is expanding its business operations within Romania and is opening an office in the prestigious One Cotroceni Park class A office building. The new lease agreement followed an efficient real estate process led by CBRE Romania and spans a term of 10 years, covering a surface area of 700 square meters.

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