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Articles - new office developments

Construction sites for offices in four business poles in Bucharest to host 24,000 new employees

The area Floreasca-Barbu Văcărescu, where nearly 15 pct. of the Bucharest offices are currently gathered, is the largest “construction site” for office projects this year, while the most serious competition comes from the other end of Bucharest, on Timisoara Blvd, where AFI and Anchor group are developing nearly 80,000 sq. m of modern office spaces.

The hottest week in Romanian real-estate. Five projects of EUR 250 million announced in two days

„Romania is “hot” again in terms of real estate investments. Looking at the projects, you can see companies with no new projects in a while, which are starting now. We see Skanska currently developing new projects but we also see Romania starting to attract other investors “, said Andrew Peirson, managing director of JLL for SEE and Romania.

Third phase of The Office project in Cluj started this week

New Europe Property Investments (NEPI) and the entrepreneur Ovidiu Șandor begin the construction works for the third and last phase of the largest office complex in Cluj-Napoca.

Bucharest office supply to reach record level in 2016, says DTZ Echinox

The Bucharest office supply is expected to reach the highest level registered since 2009 this year, a study by DTZ Echinox shows. With 325,000 sqm of office spaces projected for finish this year, values will be increased fourfold over last year’s deliveries.

Forte Partners starts The Bridge office project in Bucharest

Forte Partners announces the beginning of the construction works for the real estate project The Bridge in the area of Basarab bridge in Bucharest, the investment for the first phase of the office project reaching EUR 60 million.

Ţiriac didn’t start yet its new EUR 30 million office building in downtown Bucharest

Ţiriac Imobiliare, the real estate division of the businessman Ion Ţiriac, which has in plan nearly EUR 30 million investment in an office building on Buzesti St., near Victoriei Sq. in Bucharest, is still in the prospecting phase of the project, no actual date for starting works being revealed.

CA Immo assigns main contractor for Orhideea Towers office project in western Bucharest

Investment fund CA Immo has appointed PORR Construct as main contractor for the Orhideea Towers, a 37,000 sqm office project near the Grozavesti metro station, according to a statement by the developer.

Skanska starts works at two office projects on plots bought last year in Romania

Sweden’s Skanska Property Romania announced the beginning of works this year for two office projects, in northern and western Bucharest, which would be developed on plots bought last year.

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