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Articles

Mike Atwell, the new Head of Capital Markets for CEE and the Czech Republic within JLL

JLL has named Mike Atwell as Head of Capital Markets for Central and Eastern Europe and the Czech Republic since October 1.

Ovidiu Sandor signs with the first tenant of ISHO Offices

Mulberry Development, developer of the ISHO Offices office project, controlled by the local businessman Ovidiu Sandor, announces the first lease agreement signed for the first phase of the building, signed with Survey Sampling International (SSI).

In order to attract employees, companies spend up to 800 Euros per sqm for office fit out

The cost of office fit out companies pay varies between 300 and 800 euro / square metre, depending on the project and the beneficiary's field of activity, according to JLL Romania.

It will be a good second half of the year for the Bucharest office market

The significant increase in interest from international investors looking for the best formats of cooperation with local developers sends a powerful message to the market in Romania’s capital city. Importantly, the above mentioned interest applies not only to the office sector, but also to the retail and logistics ones.

Portland Trust to Start Works on the Last Phase of the Oregon Park Office Project in Bucharest

Portland Trust real estate developer and US investment fund Ares Management LP kick off the final phase of the Oregon Park project.

Oracle to Relocate to Romania Most of Its Hardware Support Activities in Europe

Oracle, the world's largest software developer, will transfer most European hardware support activities to Romania to reduce current costs, and the liquidation of operations has already been launched, British newspaper The Register quotes sources close to Oracle.

The Czech Fund PPF Real Estate Holding Close to Buying America House offices in Downtown Bucharest

The PPF Real Estate Holding Fund, controlled by the Czech billionaire Petr Kellner, has entered due diligence to acquire the America House office project in Victoriei Square, according to market data. The transaction is valued at about 90 million euros.

Qatar Embassy has rented a new official residence in the north of Bucharest

The Qatar State Embassy in Bucharest has recently leased a new official residence in the northern area of the Capital, on the lake, the transaction being brokered by C & W Echinox.

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