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Articles

Top office markets outside Bucharest in 2016

Last year were registered 53 pct more office transactions outside Bucharest compared to 2015, the total volume reaching 71,560 sqm, according to a study made by ESOP. Half of the area was rented in Timișoara.

General Motors to open call center in Bucharest

General Motors will open în Bucharest e call center for its OnStar service, which allows owners of cars that run the service to call directly a GM consultant, ZF reports.

Metro Group sells four Real hypermarkets in Romania

German Metro Group has sold the four Real hypermarkets that it still owned in Romania, five years after selling 20 Real stores to Auchan.

Over 400,000 sqm offices transacted in Bucharest in 2016

Over 400,000 sqm office spaces were transacted on Bucharest market in 2016, according to CBRE.

Over EUR 55 bln, the companies’ turnover with foreign capital in Romania

The companies from Romania which have foreign investors registered a total turnover of RON 250 billion (EUR 55 billion) in 2015. On the first place are the Dutch firms, which generated a turnover of approximately EUR 35 billion, says a study of Creditinfo, a company specialized in the supply of products and commercial risk management of services.

Societe Generale leases 4,000 sq m in West Gate business park

The West Gate Business park in Bucharest will add 4,000 square meters to the contract with Societe Generale European Business Services. The West Gate spaces rented to the French company total 12,700 square meters.

JLL: EUR 12.56 bln put into CEE-based property in 2016; Romania – EUR 890 mln

The property investments in Central and Eastern Europe amounted to EUR 12.56 billion in 2016, representing a 42 percent increase compared with 2015 and the third highest CEE regional investment volume since 2007, when they stood at EUR 15.81 billion.

Huawei took three more floors in Globalworth Tower reaching 10,000 sqm offices

Chinese telecommunications company Huawei signed a new agreement with Ioannis Papalekas for its expansion from 4,000 to 10,000 sqm of the office space occupied in Globalworth Tower, the second tallest building in Romania, with 23 floors and 54,000 sqm area.

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