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Articles

Bucharest has one of the youngest office stocks in Europe, offering a competitive edge for new tenants

With an average age of approximately 11 years, the Bucharest office stock ranks among the youngest across Europe and the CEE region. This provides a significant advantage for landlords in attracting and retaining tenants, as the city’s office spaces are less likely to face obsolescence in terms of technology, construction quality and sustainability standards over the next 5 – 6 years, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Lensa leases 2,000 sqm in the new AFI Loft office building

Romanian optical retailer Lensa is expanding with a new operational center in AFI Loft, the only office building delivered this year in Bucharest.

Praktiker Real Estate Romania buys Bucharest office building in EUR 8 mln deal

Praktiker Real Estate Romania completed the acquisition of Muntenia Business Center, the office building on Splaiul Unirii in Bucharest, with a total area of ​​9,750 sqm. The transaction value amounted to approximately EUR 8 million.

The Romanian real estate investment market closed the first three quarters of 2024 with transactions totalling almost 650 million euro

The Romanian real estate investment market closed the first three quarters of 2024 with transactions totalling almost 650 million euro, a threefold increase compared to the same period last year. According to Colliers’ Q1-Q3 CEE Investment Scene report, transaction activity was mainly driven by industrial and retail assets. At a regional level, investment volume grew by around 24% year-on-year, with Romania recording the strongest performance among the six largest economies in Central and Eastern Europe (CEE-6): Bulgaria, Czech Republic, Hungary, Poland, Romania and Slovakia.

REGINA MARIA relocates Policlinica Baneasa to Baneasa Airport Tower building and marks significant investments in modern infrastructure

REGINA MARIA continues to invest in improving the quality of services offered to patients and announces the relocation of the Policlinica Băneasa clinic to a new, modern and more spacious location, located in the Băneasa Airport Tower building, part of CPI Romania’s portfolio. After more than 16 years of activity in a location that could no longer provide the current standards of innovation and development desired by patients, the new clinic provides them with state-of-the-art equipment and an optimized space for an extended range of consultations and investigations.

FLASH OFFICE SOLUTIONS unveils a new coworking HUB in Rosetti Tower, 4th floor

This December, FLASH OFFICE SOLUTIONS unveils a new coworking HUB in Rosetti Tower, 4th floor. Gifts from Santa Claus: Enjoy the vibrant atmosphere of our HUB with 5 free one-day passes OR Get one free month when signing a 12-month contract—offer valid until the end of January 2025

OLX Expands its Office Space in America House by 717 sqm to a total of 1,663 sqm leased area

America House announces the extension of its lease agreement with OLX and an increase in office space of 43%, reaching a total area of 1,663 sqm.

Techbolide moves headquarters to Business Garden Bucharest, marking a new milestone in the company's development

Techbolide, the software and IoT technologies developer specializing in waste management and business process digitalization, has announced its relocation to the sustainable office complex Business Garden Bucharest. This move represents a significant milestone in the company’s evolution, underlining its commitment to innovation, responsible growth, and sustainability.

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