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Articles - office rentals

AFI Europe Romania secures first tenant for AFI Tech Park business campus

AFI Europe Romania has signed the first lease agreement for AFI Tech Park, the company’s newest business park developed in Bucharest. World Class Romania, leader on the Romanian health & fitness field, will be the first tenant of the campus, by leasing 1,500 sq m GLA spread on the Ground Floor and the 1st Floor of AFI Tech Park 1. The lease contract was signed for a period of 10 years.

Intel inaugurates a new R & D center in Openville Timisoara

The United Business Center 1 (UBC 1) office building within Openville mixed-use project will host, starting December this year, Intel's research and development center in Timisoara, one of the world's largest technology manufacturers.

Accenture opens its seventh Romanian outsourcing center in Coresi Business Park Brasov

Accenture, among the largest outsourcing and management consultancy services, is expanding its presence in Romania by opening a new center in Brasov, the seventh in the country, where it will employ 100 people in the following period.

New tenant for City Offices on 1,700 sqm

PPT Preturi Pentru Tine, the largest Romanian clothing and footwear retailer, active on the Romanian market since 2006, moved to the City Offices office building, part of the Globalworth portfolio, renting an area of 1,700 sqm.

Companies in Bucharest have leased 45,000 sqm of offices in Q3

The office market in Bucharest registered 45,000 square meters take-up in the third quarter of 2017, reaching a total of 134,000 square meters since the beginning of the year, with IT and outsourcing companies dominating the market, according to Colliers International.

Alpha Bank extends the lease for West Gate office park in Bucharest until 2026

West Gate business park, owned by Genesis Development, a company controlled by local entrepreneur Liviu Tudor, extended the lease agreement with Alpha Bank for another eight years until 2026.

Three new tenants for Sema Parc and Sema Office in 2017

River Development, the company that manages and develops the real estate projects of Sema Office and the Sema Parc Industrial Park, attracted three new tenants in 2017: Mega Image, Praktiker and Studio Moderna.

Office space leased in Timisoara, up 12% over the previous year

Timisoara has experienced a significant volume of office space rented in the first nine months of this year, over 32,000 square meters, up 12% over the same period last year.
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