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Articles - office rentals

London, Hong Kong and Beijing – Most Expensive Offices in the World

London, Hong Kong and Beijing have the most expensive office spaces in the world with strong demand from niche financial and technology sectors driving up rental costs to record highs, a new analysis shows.

New Mall and Office Tower in Bucharest’s Bucurestii Noi district

Canadian company Benevo will start in the beginning of next year the construction of the mall Victoria City, on the former platform Textila Dacia, also intending to develop, in the second phase, an office building with 11 floors.

AFI Europe Romania signs with Electronic Arts for the entire office building of AFI Park 2

AFI Europe has signed the largest and most significant lease contract of this year in Romania. The entire AFI Park 2 office building, which is currently under construction, was leased to the leading IT company Electronic Arts. AFI Park 2, with built up area of 20,000 sqm and a gross leasable area of 12,200 sqm, is the second out of 5 office buildings of the AFI Park office development situated next to the prestigious AFI Palace Cotroceni shopping mall.

Approx. 28,500 sq. m Industrial Spaces Rented in 3Q in Romania

Approx. 28,500 sq. m industrial spaces were rented in 3Q 2013 in Romania according to a research conducted by Jones Lang LaSalle, AGERPRES informs.

Record Lease Transactions on the Office Market in 3Q

Bucharest’s total office area subject to rental transactions in the third quarter reached over 84,500 sq. m, the highest level registered in the last two years, according to CBRE report.

Twin Towers Barba Center in Pipera Up For Sale

Businessman Valentin Barba, cousin of Mihaelei Geoană, the wife of the senator Mircea Geoană, built few years ago the office project Twin Tower Barba Center in Pipera. Now, the project is up for sale.

Bucharest Office Transactions Top in 2013

The best news for Bucharest office market this year came from Deutsche Bank, Honeywell, Vodafone and TeamNet, companies that rented new office spaces with the intention to expand and hire 200-300 employees each.

A Czech Group Invests EUR 55 Million near Chirigiu Market in Bucharest

S Group Holding currently carries out one of the most important real estate investments in Bucharest, developing the office project Green Gate in the proximity of Chirigiu market.
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