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Articles - Office leasing

Globalworth wants to attract the giant Deutsche Telekom in its future office projects to develop in Pipera

Globalworth, the company founded by the businessman Ioannis Papalekas, has recently bought the nearly three hectares of land of the former Farmexim warehouses in Pipera in a transaction of EUR 14.3 million.

Ramboll expanded to 1,300 sq. m in Phoenicia BC

The company Ramboll expanded its lease area in Phoenicia BC office building in Unirii-Alba Iulia area in Bucharest, to 1,300 sq. m.

Orange rented 13,700 sq. m in Green Court, first Skanska offices in Romania

Orange Romania rented 13,700 sq. m in Green Court Bucharest project, developed by the Sweden’s Skanska in Barbu Vacarescu-Floreasca area.

Zitec expands its offices in Phoenix Tower and intends to reach 120 employees in 2014

Zitec, one of the main local producers of online applications is extending its offices starting this month, with an additional floor in the office building Phoenix Tower, to be added to the already existing 920 sq. m space occupied by the company since summer of 2012.

First phase of Liberty Technology Park, fully let: Siemens took 3,000 sq. m offices

Siemens rented 3,000 sq. m offices within the first phase of Liberty Technology Park in Cluj, an office project developed by the investment fund Fribourg Capital, whose president is the businessman Ion Sturza.

Danger on the office market - Office developers’ cannibalization

The office developers started to cannibalize, those building new projects being ready to take over the penalties due by the tenants exiting leases before term from existing buildings, only to get them into their projects.

Two new tenants in the tallest office building in Bucharest

Two new office spaces were occupied in Sky Tower building, Proiect Bucuresti on 1,158 sq. m on the 9th floor and another one on 579 mp by the company Bomax Group, on 16th floor, according to Esop Consulting, the transactions broker.

Allianz took office for service centre in Bucharest

Allianz rented approx. 3,500 sq. m in Floreasca Park, to be occupied in several phases.

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