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Articles

Catinvest, over EUR 40 million investment in a new building with offices and retail spaces within Electroputere Parc

Catinvest continues the expansion of Electroputere Parc and inaugurates the second mixed building of 12,700 square meters of class A offices and commercial spaces, as part of a total investment of over 40 million euros. The new building includes 8,300 square meters of offices and 4,400 square meters of retail, as well as new underground parking for tenants and customers.

Ro Naturstein is asking 20 million euros for two construction plots in the northern part of Bucharest

Ro Naturstein, which owns about 50 properties in Bucharest, has put up for sale for about 20 million euros two plots of land in the Expoziției/Poligrafiei area, intended for large-scale mixed projects, according to profit.ro.

The Irish start-up Nooka Space launches the largest network of smart proximity offices in Cluj, Romania

The Irish start-up Nooka Space continues its expansion locally and announces the launch of the largest network of smart local offices in Romania, in Cluj Napoca.

The importance of office spaces remains vital, with only 10% of the employees wanting to work exclusively from home

Romanian employees who had to work more from home in the last 18 months due to the COVID-19 pandemic want to return to the office, given that more than half of them associate coming back to the office with “the return to normality” and experience a lack of socializing with their colleagues, according to the “Back to the Office” study conducted by Cushman & Wakefield Echinox.

Globalworth inaugurates the renovated lobby of the Tower Center International office building

Globalworth, the leader of the Romanian office market, is pleased to announce that the newly refurbished lobby in its class “A” TCI office building in Bucharest is ready to host its visitors and tenants which include Mindspace, Tradeshift, Cegeka, E&Y, Hidroelectrica, Deutsche Bank and Anima.

In Bucharest, in the first nine months of 2021, tenants interest increased for small offices

By the end of September 2021, more new small office space, up to 1,000 square meters, was rented than in the same period in 2020 and even in 2019 or 2018, before the pandemic, according to an analysis by the real estate company ESOP, based on data centralized by major brokers in the office market.

PPF Real Estate has two new tenants in Crystal Tower

PPF Real Estate, a developer and investor with real estate assets exceeding 2.4 billion euros globally, recently announced the signing of new leases for Crystal Tower, the Class A office building it owns in the center of the Capital.

The real estate investment market in Romania totaled approximately 570 million euros

The real estate investment market in Romania totaled in the first 9 months of the year approximately 570 million euros, 29% less than in the same period last year, when the volume amounted to about 890 million euros, according to JLL Romania. In the third quarter, transactions totaling just over 260 million euros were closed.

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