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Articles - new office developments

Forte Partners completes U Center 2 office building in Bucharest

Real estate developer Forte Partners recently announced the completion of the U•Center 2 office building in Bucharest, two years after the works started.

The largest business hub in western Romania, in Iulius Town Timișoara

The largest business hub in the western part of the country, developed by IULIUS Company in the Iulius Town mixed-use complex, brings together some of the world’s strongest ‘intelligence’ providers in the automotive and technology industry.

Iulius opens Palas Campus, largest office building in Romania, after EUR 120 mln investment

Iulius Company opened Palas Campus in Iasi, eastern Romania, on April 25 - an urban regeneration project promoted as the largest office building in Romania. The investment amounted to over EUR 120 million, being the largest private investment in Iasi in the last decade, according to the developer..

PPF Real Estate Launches Works on Bucharest ARC Project

PPF Real Estate announces the launch of the first stage of the ARC office development project by clearing the existing structures on the site. The company has acquired a construction site in an extended Bucharest center with a building permit. The planned ten-story class A office building is due for completion in 2025.

Iulius Town Timișoara reaches 80,000 sqm of premium office space

The fourth office building in the Iulius Town Timișoara complex is operational and consolidates the regional business hub in the urban regeneration mixed-use project to a total leasable area of 80,000 sqm and a 40-plus company from three continents community. United Business Center 0 has a leasable area upwards of 30,000 sqm and accommodates the offices of 15 companies operating in the IT & Outsourcing, automotive and service industry.

White Star Real Estate partnering with Griffes for leasing and marketing operations of Liberty Technology Park in Cluj-Napoca

Apart from the residential phase, that is already under construction and will totalize 268 residential units to be delivered in 2023, White Star Real Estate is planning to launch the next phases of the development, that will imply a total investment of 75mil. Eur. The projects will be erected on available land of 20,000 square meters and will include 32,000 square meters of office space within three buildings, a kindergarten and 5,000 square meters of commercial facilities.

Kärcher Romania Launches New Headquarters In Pipera Following EUR 11.5 M Investment

Kärcher, a world provider in cleaning technology, has launched its new headquarters in Bucharest, following an investment of 11.5 million euros by the German group in Romania. The new headquarters is in Pipera, Voluntari, having 5 levels and covers an area of 7.300 sqm.

Local entrepreneur develops a new office project in Craiova, Cardinal Tower

Ştefan Cherciu, the owner of QFort windows, will invest 6 million euros in the Cardinal Tower office project, located in Craiova.
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