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Articles - Office leasing

Cloud Research Studio rented 1,300 sq. m offices in Stefan cel Mare district in Bucharest

The office building where the company Cloud Research Studio (CRS) will relocate is situated in the vicinity of the metro station Stefan cel Mare, in a quiet area and includes underground, ground floor and four upper floors.

Webhelp extends its activity in Bucharest, renting an additional 1,500 sq. m office space in Victoriei Square

French company Webhelp, active in BPO and outsourcing, extends its Bucharest operations by renting new office space in Premium Plaza office building in Victoriei Sq. area, announced The Advisers/Khight Frank, the broker of the transaction.

Endava Rented more than a Half of the United Business Center Tower in Cluj

The IT services company Endava will occupy an area of approx. 5,220 sq. m in United Business Center Tower in Cluj-Napoca, representing six of the total ten floors of the office building situated in the vicinity of Iulius Mall.

Largest Office Areas Rented this Year

The total area estimated for office lease transactions in 2013 is 250,000 sq. m, with 10% increase compared to last year’s volume, according to a recent market research of RICS Romania. UpGround and AFI Park attracted the largest office lease transactions by far. Wall-Street.ro made a top of the transactions this year, including new leases and expansions.

RICS Romania: 10 pct. Growth of the Office Area Transacted in Bucharest

The office area transacted in Bucharest this year will exceed 250,000 sq. m, with 10% growth compared to last year, with outsourcing, IT and pharmaceutical companies being the most active sectors, representing three quarters of the rentals, according to a research of RICS Romania.

New Leases in West Gate and Novo Park: 5,000 sq. m Offices for SocGen and UniCredit

The office parks West Gate and Novo Park, developed by the company Genesis Development, reached 94% and respectively 99% occupancy rates, following the signing of new rentals for a total area of 5,000 sq. m of two existing tenants, Société Générale and UniCredit Business Integrated Solutions

Bucharest Office Vacancy Rate Grows in 2014 and Drops in 2015

The office vacancy rate in Bucharest will increase next year with 1.2 pct. to 14.7%, and will decrease to 14% in 2015, the office stock registering 20% growth between 2013 and 2015, a research of Cushman&Wakefield (C&W) showed.

How much spends a company with 200 employees for offices in Bucharest and in other European capitals

The companies renting typical office portfolio in most of the European capitals can save up to 30% by adapting the space use to the best practice of the local markets, according to DTZ information.

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