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Articles - new lease

Xerox rents additional 3,000 sq. m in Palas Iasi and hires 60 people

Iulius Group announces the signature of a new partnership with Xerox, which will expand its rented area to 4,000 sq. m in United Business Center 3 (UBC 3) office building within Palas Iaşi complex.

Coresi Business Park Brasov adds 2nd phase to the office project

Coresi Business Park started construction on the second phase of the project, consisting of two new office buildings, with a total area of 18,000 sqm. Tata Technologies is the first tenant to occupy 3,300 sqm in the first building, planned for delivery in Q2 2016, according to a press release.

Portland Trust signed with Oracle for office building in Bucharest

American giant Oracle will rent over 20,000 sq. m in the office project Oregon Park in Northern Bucharest, investment of the group Portland Trust, headed by the British Robert Neale, have declared for ZF sources in the market.

Casa de Insolvenţă Transilvania relocates its offices to Green Court in Floreasca

Casa de Insolvenţă Transilvania (CITR), judicial administrator for insolvent companies, relocates in June its headquarters from Phoenicia Business Center, situated near Unirii Blvd., in Bucharest to the business park Green Court, situated in Barbu Văcărescu area,a ccording to sources in the market.

Immofinanz closes new leases for 3,600 sqm of office space in Bucharest

Austrian real estate company Immofinanz has signed new leases for office space totaling over 3,600 sqm (GLA) in some of its Bucharest projects and lease extensions for another 7,000 sqm, the company announced on Tuesday.

Flash Office Solutions doubles its space in Maria Rosetti Tower, with the help of ESOP

Flash Office Solutions has rented its second office floor in Maria Rosetti Tower building in Bucharest, the expansion transaction being brokered by the company ESOP Consulting.

Genpact reconsolidates its Bucharest team to a single building

Indian outsourcing services provider Genpact has pre-leased an area of approx. 22,000 sq. m in a building of the project Hermes Business Campus in Dimitrie Pompeiu area (project developed by Belgium’s Atenor), which will be completed in the first half of next year, according to sources in the real estate market.

12 new tenants for Flash Office Solutions’ offices

In the first three months of 2015, the occupancy rate of the ready-to-move-in offices of Flash Office Solutions has increased from 45 pct to 87 pct, most of the tenants being young entrepreneurs less than 35 years old.
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