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Articles - Office leasing

Siemens, Panasonic and Accenture extend their lease term for West Gate offices

Five of the companies headquartered in the office park West Gate, situated in the Western Bucharest, has decided to extend their lease term with five to ten years and even to extend their area: Siemens, Panasonic, Accenture, WNS and PPD (Pharmaceutical Product Development) Romania.

Prologis leases half a million sqm in CEE in H1 2013

Although the supply of modern logistics facilities remains limited in the CEE region, in the first half of 2013, Prologis completed a 7,000 square metre extension for ROHLIG SUUS Logistics in Prologis Park Janki, and began construction of three build-to-suit facilities, totaling 71,000 square metres, at Prologis Park Wrocław V.

Immofinanz signs new leases for S-Park office building

Immofinanz Group, biggest office owner in Bucharest and one of the most important real estate developers in Romania, extends its portfolio with two new clients, while another tenant is extending its existing contract for S-Park office buildings, situated in Northern Bucharest.

100% occupancy rate for Astoria Business Center

The virtual applications developer Sien, having an office with 50 employees in Bucharest, occupied the last available office space, of 850 sqm, in Astoria Business Center in Romana Sq., Bucharest, a transaction brokered by Esop real estate advisors.

AFI Europe speeds the office segment: Many multinationals intend bringing their IT departments in Romania

AFI Europe started the construction of the third building in Bucharest AFI Park complex, scheduled for delivery in November next year, accelerating the development as more and more international companies are aiming Romania for relocation of their It departments, according to David Hay, company’s head in Romania.

Office spaces transactions totalized 125,000 sqm in the first 6 months

The area of office transactions in the first term totalized 125,000 sqm, with 12% growth compared to the similar period of last year, with less than 25% representing new contracts, according to the real estate agency The Advisers/ Knight Frank.

Ferrero leases 1,200 sqm in Bucharest’s City Gate

The Romanian subsidiary of chocolate and sweets manufacturer Ferrero has relocated its Bucharest headquarter in the City Gate office project located in Presei Libere Square where it leased 1,200 sqm. The deal was brokered by BNP Paribas Real Estate.

CSDA Siriului office building, 100% leased

CSDA Siriului Business Incubator, developed by Primavera Development in Aviatiei district in Bucharest reached 100% occupancy rate before its completion, through a transaction managed by The Advisers / Knight Frank.

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