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Articles - Office leasing

Scorseze Ambulance Service rented an office building in Tei area for 10 years

Scorseze Ambulanta Privata, part of Scorseze Security International security companies group expands its activity through the new clinic Scorseze Medical, rented in Northern Bucharest, on Ghica Tei St., according to Esop Consulting, the transaction’s broker.

The Advisers/Knight Frank: The interest of the companies for opening operations outside Bucharest is increasing

The Advisers/Knight Frank, the market leader for office rentals, registered a growth in office ental request in the country. The company has brokered in 1Q 2014 office rental transactions for companies such as OSF Global Services and Webhelp.

Skanska is looking for tenants and wants to buy more land in Bucharest

Swedish construction and development company Skanska has completed 80 percent of Green Court Bucharest’s first office building and is looking to buy more land in the capital.

Bucharest offices – best quarter in the last 21 months

The office request (except for renegotiations and extensions) reached 48,500 q. m in the first 3 months of the year, with more than 55% prelease transactions.

Microsoft, Linde Gaz and ZTE rented 3,500 sq. m in Timisoara

The companies Microsoft, Linde Gaz and Chinese group ZTE rented offices with a total area of nearly 3,500 sq. m within the first building of Optica Business Park project developed by the brothers Marius and Emil Cristescu in Timişoara, the building reaching 90% occupancy rate, according to Activ Property Services, in charge with renting the spaces.

Immofinanz rented 5,400 sq. m office spaces in Bucharest

Immofinanz Group, one of the most important real estate investors on the local market, attracted in the recent months tenants for nearly 5,400 sq. m in the office projects Iride Business Park, Victoria Park and S-Park.

Genpact expand lease in office project IRIDE in Pipera

The outsourcing company Genpact increased its leased area with 3,200 sq. m in Iride Business Park in Pipera, a property in Austria’s Immofinanz Group portfolio, where the company could set offices for at least 300 employees, according to ZF estimations.

Bucharest’s Top Office Tenants

Largest tenants in Bucharest’s office buildings are HP (32,000 sq. m), Romtelecom - Cosmote (28,000 sq. m) and UniCredit (28,000 sq. m), according to ZF study based on the data provided by the real estate agency Colliers, saying that only 20 companies and banks have rented in Bucharest spaces exceeding 10,000 sq. m each.
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