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Articles - Office leasing

Horatiu Florescu, The Advisers/Knight Frank: 2014 will be a year of pre-leases

The office pre-leases will register a revival in 2014, says Horatiu Florescu, the president of the company The Advisers/Knight Frank, in the context that in 2013 the volume of office pre-leases has decreased substantially compared to 2012, representing only 9% from the total transacted area.

Endava pre-leased 40% of the third office building in AFI Park

AFI Europe Romania signed the first lease in the third building in the office project AFI Park. The IT company Endava rented 40% of the rentable area in the office building AFI Park 3.

AFI develops additional 27,000 sq. m offices in Bucharest

AFI Europe Romania will start in the first quarter of this year the construction of additional 27.000 sq. m to the rentable area within AFI Park 4 and AFI Park 5 in Bucharest.

Intesa SanPaolo Bank rented 3,500 sq. m in Art Business Center

Intesa SanPaolo Bank relocated its offices to Art Business Center 6 building, with the help of BNP Paribas Real Estate.

AEW Europe supports the development of Lola & Liza which expands on 1,100 sqm in Brussels

AEW Europe, as asset manager for Le Marquis, expands the Lola & Liza Group on 1,100 sqm at 1, Rue du Marquis in Brussels.

The Office Market in 2013: 22% Growth of Transacted Area

The rent transactions of the office spaces in Bucharest totalized in 2013 approx. 300,000 sq. m, with 22% growth compared to 2012, the relocations, the renegotiations and the renewals representing over 80% of the market, according to Esop Consulting.

Procter&Gamble extended its lease in Iride Business Park

Procter&Gamble has extended its lease in the office complex Iride Business Park, owned by aflat Immofinanz Group. Therefore, Iride Business Park will host five more years the headquarters of Procter&Gamble.

Scuta, JLL: Several companies decided to expand in Romania. Our expectations have been exceeded

The office market registered a visible growth in 2013 compared to 2012, which went parallel to the economic growth.

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