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Articles - office rentals

Ilinca Păun, Colliers: Office owners will not have 7-10 years contracts with the new wave of tenants

In ten years, the office buildings will not be occupied anymore only by a company, but they will be rented hourly to the entrepreneurs needing flexibility, a situation that makes harder the financing for the development of such buildings, anticipates Ilinca Păun, managing director of Colliers International Romania.

Centric IT Solutions expands with 1,700 sq. m in Iași

Software solutions provider Centric IT Solutions rented 1,700 sq. m in United Business Center Palas office park in Iași, reaching a total area of 4,000 sq. m.

NEPI signs agreement with CBRE to rent City Business Centre in Timișoara

NEPI (New Europe Property Investments plc.) announced the signing of a strategic partnership with CBRE for its City Business Centre project leasing.

Flash Office expands its instant offices space with 400sq.m in Maria Rosetti Tower

Flash Office Solutions signed a lease agreement for an additional area of 400 sq. m Maria Rosetti Tower office building. Therefore the instant offices centres Flash Office cumulated a total area of 1,1717 sq. m in two downtown office buildings, Maria Rosetti Tower and Armand Călinescu 26.

Top offices outside Bucharest at 9 months: Iasi and Timisoara cities attracted more than two thirds of the tenants

In the first nine months of 2015 the large cities outside Bucharest registered office transactions totalling an area of 37,417 sq. m, with 46 pct. increase compared to the similar period of 2014 (when a total of 25,475 sq. m were transacted) and almost equal to the entire area transacted in 2014 (37,377 sq. m), according to ESOP study.

New property tax system expected to raise office demand by 25 pct

The new tax system for homes used as firms, whether they are apartments or villas, applicable starting next year, could result in an increase of approximately 25 percent in the demand for spaces in office buildings, according to a study real estate company Regatta.

Japanese Yokogawa renewed third time the lease for Novo Park offices

Japanese company Yokogawa, active in the automation and industrial processes control fields, renewed for the third time the lease for its offices in Novo Park, controlled by Genesis Development.

Banca Transilvania rented 2,000 sq. m near its headquarters in Băneasa

Banca Transilvania, third bank in Romania, rented a space of 2,000 sq. m near the existing headquarters in the area of Băneasa Airport, which covers 5,500 sq. m, in order to consolidate its operations, considering the increase of the number of employees, after completing the procedure of integration of Volksbank.
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