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Articles - new office developments

The first building of Oregon Park project is now fully leased

The first building of the new office project Oregon Park, developed by Portland Trust, one of the largest real estate developers in Romania, is now completely leased. The office space has been occupied by the American company Oracle.

Record area of office space to be delivered in Bucharest this year

Bucharest will see a record area of office space delivered this year, according to the real estate consultancy company CBRE.

AFI Park 4&5 reach 50 pct occupancy rate two weeks before delivery

Two weeks before being delivered, AFI Park 4&5 reached a 50 percent occupancy rate, real estate developer AFI Europe Romania announced. This means that 16,000 sqm have been pre-leased of the total surface of the towers.

Iulian Dascălu to complete two office buildings in Iași

Businessman Iulian Dascălu will complete in the first part of the year two new office buildings within United Business Center (UBC) complex in Iași, with a total of 24,000 sq. m, where 3,000 people will work, adding to the 3,900 employees already present in the complex.

Lidl closes partnership with Skanska and starts works for new green headquarters in Bucharest

Lidl, one of the largest discounter retail networks in Romania, as well as one of the most important German investors present on the Romanian market, started the construction of its new headquarters and a unique concept store in the country in Baneasa area in Bucharest, according wall-street.ro’s sources.

EUR 11 million capital increase for the company controlling Novo Park offices in Bucharest

Businessman Liviu Tudor, one of the biggest office spaces owners in Bucharest, has increased with EUR 11 million the capital of one of the companies controlling the business park Novo Park in Pipera.

Benţa family in Targu Mures has developed a nine-storey office building for E.ON

Benţa family in Targu Mures, which controls the manufacturer of paints and varnishes Daw Bent has completed an investment of 29 mil. Euro in an office building of nearly 23,000 square meters, a project where the energy group E.ON relocated its operations in the city.

Real estate investment exceeding EUR 800 million to be delivered next year in Romania

Real estate investment exceeding EUR 800 million will be delivered next year in Romania, mainly in Bucharest, with the office market in the top of the developers’ preferences, which will lead to pressure on office rents.

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