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Articles

America House completed a EURO 10 million refurbishment and Modernization

The refurbishment was focused on both technical and aesthetic aspects of the building. This was followed by the upgrades of the exterior ground floor area including the extension of the terrace’s premises, adding green areas, dramatic lighting for the green spaces, extending the sidewalk for the benefit of the pedestrians, changing the flooring, and unifying the retail signage.

5 reasons why Romanian employees do not want to return to the office

More than 70% of employers in the EMEA region are turning to the hybrid work system, according to CBRE’s annual Office Occupier Survey. The data shows the trend of employees returning to the offices.

Equilibrium 1 has a new tenant, Elegance Decor

Equilibrium 1, the first phase of the Equilibrium project developed by Skanska in the Barbu Văcărescu - Floreasca area, has a new tenant. Elegance Decor, a leader in the home & deco market, inaugurated its new offices in the building, with an area of 400 square meters, at the beginning of May.

AFI Europe Romania presents the newly refurbished AFI Lakeview office building, a EUR 2 million investment

Following a year’s worth of upgrading the office projects within the portfolio of approximately 300,000 sqm GLA in Romania, AFI Europe Romania is now announcing the completion of the refurbishment of all public areas within its AFI Lakeview office building, as an investment of approximately EUR 2 million.

The GTC Group announces a 10% increase in rental income in the first quarter of this year

The GTC Group recorded, in the first quarter of 2022, a 10% increase in rental income compared to the same period last year. The occupancy rate also increased by 1 percent, and adjusted EBIDTA is 5% higher.

The Bucharest office market recovery continued at the start of 2022

The first quarter of 2022 saw a delivery of a bit over 70,000 square meters in new modern office spaces in Bucharest, taking the overall stock closer to 3.3 million square meters.

One United Properties posts a turnover of 70.5 million euro and a gross profit of 42 million euro in Q1 2022

One United Properties (BVB: ONE), a leading Romanian green developer of residential, mixed-use and office real estate, recorded a consolidated turnover of 70.5 million euro in the first three months of 2022, an 81% increase compared to Q1 2021.

One Herăstrău Office building has reached 100% occupancy

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and office real estate in Romania, announces that One Herăstrău Office development has reached a total occupancy rate. The office building located in the North of Bucharest, in an exclusive area with lots of green areas, near the French Village, has a total leasable area of 8,116 sqm, offers modern office space and is currently undergoing LEED Gold certification.

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