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Articles - new office developments

Globalworth will develop a new office project in Bucharest by 2020

Investment Fund Globalworth Real Estate Investments prepares new real estate projects in Romania. In Bucharest, the company is to develop an office complex on Lutheran Street by 2020, on a land it holds since 2014, Globalworth representatives announced.

Openville Timisoara will be inaugurated in the fourth quarter of 2018

Openville Timisoara, the largest mixed-use project in western Romania, will be inaugurated in the fourth quarter of next year with the completion of its first development phase.

A new office project in the center-western area of Bucharest, The Light

River Development announces the start of construction work on a new class A office project located in the Politehnica area in Bucharest on the site of the former Pumac factory. The first office building within the project, The Light, has a leasable area of 21,000 square meters (GLA) a 11-storey height scheme (2UG + GF + 10 floors + technical floor) and offers 293 parking spaces.

George Copos launches Ana Tower office project

The rentable area of the Class A office tower in the North Bucharest Expozitiei area will be 33,000 sqm, with approximately 1,300 sqm per floor and the parking lot will have 450 seats.

Werk to invest 2.5 million euros in parking lot next to the Vox Technology Park office building

Werk Property Group will start in November to build a 400 parking places parking lot next to the Vox Technology Park office project in Timisoara. The five-storey car park will be completed in June 2018 following an investment of 2.5 million euros.

Portland Trust to Start Works on the Last Phase of the Oregon Park Office Project in Bucharest

Portland Trust real estate developer and US investment fund Ares Management LP kick off the final phase of the Oregon Park project.

Globalworth Has Officially Started Work On Renault's Future Headquarters In Romania, Which Will Be Completed In The First Half Of 2019

The works at the future headquarters of Groupe Renault Romania in Bucharest, named Renault Bucharest Connected (RBC), have begun. The value of the investment has not been specified, but is made in partnership by Globalworth and Elgan Group.

Nepi Rockcastle Completed Aviatorilor 8 Office Project in Bucharest

NEPI Rockcastle, the largest real estate investor in Central and Eastern Europe, has completed the Aviatorilor 8 office project in the Victoriei Square area in Bucharest, located in the immediate vicinity of the Government of Romania.
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