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Articles

HOTSPOT SKYHUB is becoming the most attractive coworking space in Bucharest through three key aspects – panoramic view, technology and comfort

Hotspot, the specialist in premium coworking spaces, developed by German Real Estate Consultants - REC Partners - recognized at European level, inaugurated a new flexible workspace - Hotspot Skyhub - located on the upper floors of Orhideea Towers.

The vacancy rate for newly built modern offices is almost half compared to those of older buildings

The vacancy rate of modern offices, constructed in the last 10 years in Bucharest stood at around 10% mid-2022 compared to almost 18% for the buildings that were delivered up to 2012. This major difference highlights the qualitative improvements of offices delivered in Romania, as older and well-positioned buildings have also managed to age quite well.

NORD EVENTS CENTER by Globalworth – The most technologized conference center in Bucharest was launched

Globalworth, the leading office investor in Central and Eastern Europe (CEE) and the leader of the Romanian office market, announces the launch of the newest, the most technologized and complex conference center in Bucharest: NORD EVENTS CENTER by Globalworth.

Ziv Gigi promoted to GTC’s Executive Director SEE Region

GTC is pleased to announce that Ziv Gigi has been promoted to Executive Director Southeast Europe region. In his new role, he will be responsible for all operations of the office sector in Bulgaria, Romania, Serbia and Croatia.

CA Immo sold its Romanian office portfolio to Pavăl Holding in the biggest commercial transaction in Romania

Global real estate advisor, CBRE, has advised CA Immo on the sale of its Romanian office portfolio to Pavăl Holding. The portfolio is comprised of seven high-quality office properties located in Bucharest, as well as the highly experienced Romanian management team.

Genesis Property completes the largest renewable energy project in an office park in Romania

One of Romania’s leading real estate developers, Genesis Property, presents a new benchmark for the real estate market by implementing the largest renewable energy project in an office park in Romania. The project consisted in the installation of more than 1,000 photovoltaic panels on an area of more than 4,000 sqm, in prosumer mode, on the office buildings’ roofs in YUNITY Park (Novo Park) in the north of Bucharest, following an investment of 1 million euro.

Flexible office spaces on demand, a new service launched by Nooka Space in partnership with Nepi Rockcastle

Nooka Space, the developer of the first smart proximity office network in the world, launches a smart flex office service within Nepi Rockcastle shopping malls across Romania. With office booths placed both indoors and outdoors, Nooka Space aims to enhance the customer experience, offering the possibility to book intimate flex workspaces, whenever privacy for a business meeting or for working remotely is needed.

Green Power Generation Investment Project - renewable and clean energy in Sema Parc

River Development, the developer of the Sema Parc and The Light projects, through its property & facility management company Sema Parc, announces the implementation of a photovoltaic power plant for the generation of green - renewable and clean energy in Sema Parc. With a total investment of more than €1 million, the project is due for completion in May 2023 and will initially provide part of the electricity supply to the Paris, Berlin and Bruxelles buildings in Sema Parc.

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