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Articles

Secure Property to Acquire a 17,000 sqm Logistics Park in Bucharest

SECURE Property Development & Investment PLC (AIM: SPDI), a South Eastern European focused property and investment company, today announces that it has reached an agreement to acquire the Innovations logistics park in Bucharest, Romania, from Myrian Nes Ltd and Theandrion Estates Ltd. The acquisition will be the Company's first outside of Ukraine and marks the commencement of SECURE's stated strategy of both growing and diversifying its portfolio across the economies of South Eastern Europe.

Esop: 76% of small and medium companies are looking for offices under EUR 11/sq. m

76% of small and medium companies are looking for offices under EUR 11/sq. m, while 20% have budgets of EUR 11.1-15/sq. m and only 4% have budgets exceeding EUR 15/sq. m /month, shows data in 2013 of Esop Consulting.

ATALIAN Energy Solutions brings up to 20% energy savings guaranteed in commercial property

ATALIAN Global Services, the leading European company in multi-services, has recently launched an innovative energy management solution. Complementing their services and technical maintenance they now provide energy efficient solutions which can bring up to 20% cost savings for clients in all of Europe.

Orange negotiates the relocation of 1,000 employees in Green Court

The telecom operator Orange, with local business of nearly one billion Euros and approx. 3,000 employees, could have reached an agreement for renting a space of up to 13,000 sq. m in Green Court office project developed in northern Bucharest by Swedish group Skanska.

Hourly costs for labor force increased by 3.19 pct in Q4 2013

The hourly cost for labor force increased in the last quarter of 2013 with 0.07 percent compared to the previous quarter and 3.19 percent compared to last year, according to preliminary data released by the National Institute of Statistics.

Fitch affirms Romania At BBB-, with stable outlook

Fitch Ratings Friday affirmed Romania’s long-term foreign and local currency ratings at ‘BBB-’ and ‘BBB’, respectively, citing the country’s strong economic growth and its resilience to recent external imbalances.

Candy Crush Developers Signed Lease for Opera Center Building in Bucharest

King, the smartphone and tablet games developer has rented an office space of 1,700 sq. m in Opera Center, where the Bucharest creative studio will work.

DTZ Echinox: A Class Offices Occupation Costs in Cluj, Iasi, Timisoara and Brasov up to 25 percent lower than in Bucharest

DTZ Echinox published Regional Cities - Office Market Overview, a research about the office market in main Romanian regional cities: Cluj, Iasi, Timisoara and Brasov.

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