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Articles - new office developments

Business Construct: The Half a Billion Euros ‘Swarm’ in Northern Bucharest

On a radius of less than a kilometre around Pipera Passage Aurel Vlaicu metro station, construction sites of half a billion Euros have transformed this area in Northern Bucharest in a true “swarm” of cranes this period.

Austrian developer resumes work on office building in Bucharest

Austrian company S Immo has resumed the office project The Mark, located in Bucharest’s Grivita area, after the EUR 60 million investment has been frozen for several years due to the hardships in the local real estate market and other infrastructure work in the area.

Skanska completes second building of Green Court project in Romania

Swedish group Skanska has completed the second building of its Green Court office project, located in northern Bucharest, following an investment of EUR 33 million.

A new generation of mega-real estate projects in Romania

The real estate developers will complete by next summer investments exceeding EUR 670 million, pooled in the ten biggest private constructions site in Romania. They will put on the market ten new office buildings, two malls and four warehouses.

Iaciu intends to grow on the office market in Iaşi, Romania

Gheorghe Iaciu, the entrepreneur controlling the real estate developer Impact Developer & Contractor, intends to expand its presence on the office market in Iaşi, a city which appears to be a new IT centre of Romania. The entrepreneur completed here EUR 15 million investment in the conversion of a commercial centre to an office building, Moldova Center.

One United Properties breaks ground on One Herăstrău Park

One United Properties started construction on One Herăstrău Park in northern Bucharest.

Marius Şcuta, JLL: Real estate market continues its ascending trend

The area Aurel Vlaicu-Barbu Văcărescu will continue to develop in the following period, as six-seven office buildings will be developed in the area, but big chances are that the central-western Bucharest also get the attention of the investors, from Basarab bridge to AFI Cotroceni, considers Marius Şcuta, head of office department and tenant represen­tation of John Lang LaSalle (JLL) .

Iulius Group to build 9,000 sqm building in Palas Iasi complex

Palas Iasi will expand to a 62,000 sqm GLA through the addition of United Business Center (UBC) 6, a 9,000 sqm Class A office building, shows a statement by the developer Iulius Group.

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