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Articles - new office developments

Residential market is up in Orhideea-Politehnică area in Bucharest, due to new office developments

The new apartments offer in residential compounds situated in the area Orhideea – Politehnică in Bucharest has exploded, as the plans announced by the office developers started taking shape. There are eight large office projects in different phases of construction and planning, developed by CA Immo, Forte Partners, Sema Parc and Vastint (Ikea), totalizing more than 170,000 sq. m office spaces and being scheduled for delivery starting with the second half of 2016 by 2018, according to data analyzed by ESOP.

AFI bought 4 ha plot in Braşov for a mixed-use project, including retail and offices

AFI Europe Romania has completed the acquisition of the plot of 40,000 sq. m in the centre of Braşov city, in Romania, where it plans to develop a mixed-use project, including the shopping centre AFI Palace Braşov and the A class office project AFI Park Braşov.

S Immo announces new date for construction works start at The Mark office project in Bucharest

Austrian company S Immo announces a new start date, the first quarter of this year, for the construction of The Mark office project in Grivița area in Bucharest, the EUR 60 million investment being blocked for several years due to difficulties in the real estate market and to the infrastructure works in the area.

Top of the biggest office owners in Romania

The office market in Romania is facing one of the most dynamic evolutions of the local real estate sector, a series of important developers announcing new projects in Bucharest and in other big Romanian cities.

Romanian Fiscal Authority ANAF to relocate in 2017 to new headquarters

The new headquarters of ANAF will be designed by the associated companies Concrete & Design Solutions and Tahoma Bautrupp, the building with seven floors being scheduled for completion by mid-2017.

Two new office buildings in Iaşi to host 2,100 employees

Iulius group, controlled by the Romanian entrepreneur Iulian Dascălu, will complete in the first half of this year two office buildings within the Palas Iaşi project, which will increase with 60 pct. the office area and where nearly 2,100 employees could work.

Lidl to build new 12,500 sqm HQ in Bucharest with Skanska

German grocery chain Lidl has unveiled on Wednesday plans to open a new office building and a store in Bucharest in partnership with construction company Skanska.

CBRE appointed to lease first office buildings within Timpuri Noi Square project developed by Inter IKEA in Bucharest

Real estate consultant CBRE was appointed by Vastint Romania, the real estate division of Swedish group Inter IKEA, to lease the first two office buildings, totalizing 33,000 sq. m, within Timpuri Noi Square project.

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