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Articles

PPF Real Estate wants to buy the Crystal Tower office building near Victoria Square in Bucharest

PPF Real Estate Holding, controlled by Czech billionaire Petr Kellner, is in negotiation for the purchase of the Crystal Tower office building, according to sources o the market, in a deal valued at about 40 million euros.

Romcarbon sold 7 hectares of land in Iasi to Flux Real Estate

Romcarbon Buzau signed a EUR 2.4 million contract for the EUR 7.3 million transaction announced in the spring, selling to Office & Logistics, part of the Flux real estate group, a plot of land with an area exceeding 7 hectares.

Office pre-leases doubled in S1 2018, compared to the semester average of 2017

The volume of pre-leased office space in the first half of 2018 amounted to approximately 79,000 sqm, 2.6 times higher than the semester average of 2017, which was 30,000 sqm.

Timisoara became the largest Romanian office market outside Bucharest, surpassing Cluj

Timisoara became, by the middle of this year, the largest office market in the province, surpassing for the first time the office market in operation in Cluj-Napoca, according to a study of a real estate consultancy company.

A new office tower to be developed in Victoriei Square Bucharest by the local businessman Ion Ţiriac

Businessman Ion Ţiriac plans to develop a new office project in the Central Business District of Bucharest - Piata Victoriei area.

Over the next 5 years, half of the Romanian office building developers will opt for WELL certifications

Real estate developers pay more attention to the environment by developing efficient and sustainable green certificates. With a history of nearly four years, the WELL Building standard completes these certifications and draws attention from the impact of the built environment on employee health.

ANAF to relocate to former Antena 3 headquarters by the end of this year

Minister of Public Finances, Eugen Teodorovici, stated during a television show on the national TV station that there is an intention to move the headquarters of the National Agency for Fiscal Administration to the former headquarters of Antena 3.

New office projects raise the price of apartments with 15%

The prices and rents of apartments situated in the proximity of the office compounds are higher by a few percent than in other areas, as the two categories - office buildings and residential buildings - are closely interconnected, real estate consultants believe.

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