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Articles - office rentals

Xerox rents additional 3,000 sq. m in Palas Iasi and hires 60 people

Iulius Group announces the signature of a new partnership with Xerox, which will expand its rented area to 4,000 sq. m in United Business Center 3 (UBC 3) office building within Palas Iaşi complex.

Coresi Business Park Brasov adds 2nd phase to the office project

Coresi Business Park started construction on the second phase of the project, consisting of two new office buildings, with a total area of 18,000 sqm. Tata Technologies is the first tenant to occupy 3,300 sqm in the first building, planned for delivery in Q2 2016, according to a press release.

Bucharest office transactions top: Oracle, Genpact and Carrefour

Largest ten office transactions in Bucharest in the first four months of this year totalled approx. 48,500 sq. m, most of them being relocations, renegotiations or renewals, shows a study made by ZF, based on the data from real estate consultancy companies.

Portland Trust signed with Oracle for office building in Bucharest

American giant Oracle will rent over 20,000 sq. m in the office project Oregon Park in Northern Bucharest, investment of the group Portland Trust, headed by the British Robert Neale, have declared for ZF sources in the market.

Northern Bucharest, overcrowded: from where will come the new bubble in office development

The northern area almost reached its maximum development potential, new business poles following to develop in Bucharest, one of those being the Centre-West axis, mainly Orhideea zone in Bucharest.

43 pct increase of the office spaces rented by companies with 25 up to 60 employees

Medium companies, with 25 to 60 employees, were the most active on the office market in the first four months of 2015 compared to other categories of SMEs.

Casa de Insolvenţă Transilvania relocates its offices to Green Court in Floreasca

Casa de Insolvenţă Transilvania (CITR), judicial administrator for insolvent companies, relocates in June its headquarters from Phoenicia Business Center, situated near Unirii Blvd., in Bucharest to the business park Green Court, situated in Barbu Văcărescu area,a ccording to sources in the market.

Immofinanz closes new leases for 3,600 sqm of office space in Bucharest

Austrian real estate company Immofinanz has signed new leases for office space totaling over 3,600 sqm (GLA) in some of its Bucharest projects and lease extensions for another 7,000 sqm, the company announced on Tuesday.

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