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Articles

Werk to invest 2.5 million euros in parking lot next to the Vox Technology Park office building

Werk Property Group will start in November to build a 400 parking places parking lot next to the Vox Technology Park office project in Timisoara. The five-storey car park will be completed in June 2018 following an investment of 2.5 million euros.

Population’s employment rate exceeds 2020 target in Romania

The employment rate of people aged 20-64 in Romania reached 70.5% in the second quarter of this year, up from 66.2% in the first three months of this year.

Forte Partners to buy a plot of land in downtown Bucharest from Telekom

Forte Partners adds in its portfolio the 1700 sqm plot sold by Telekom Romania, located between Ion Câmpineanu Street and Matei Millo Street. Land features allow up to 9,000 square meters of office space.

BuildGreen exceeds 3 million square meters assisted for sustainable certification

BuildGreen, Romania’s leading development, design and green building certification company, exceeded three million square meters assisted for sustainable certification. In addition, the company continued the international expansion process, obtaining sustainable certifications for real estate projects in Czech Republic, Croatia, Lebanon and Slovakia.

JLL Romania was appointed as project manager of the Groupe Renault Romania's new headquarters

JLL Romania will provide technical consulting services for the construction of Groupe Renault's future headquarters in Romania, the largest office building currently under construction in Bucharest.

The number of newly established foreign capital companies increased by 12% in the first eight months in Romania

The number of newly established foreign capital companies increased by 12% compared to the same period of the previous year, to 3.951 units, according to the National Trade Register Office (ONRC) data.

AutoKarma buys office building near Bucharest North Railway Station

AutoKarma, a leader in the automotive market, has bought a 1,000-sqm office building for its support team at a price of 535 euro / sqm built, transaction brokered by ESOP Consulting.

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.
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