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Articles - office rentals

Office market in your pocket – at home and abroad

Searching for office premises and obtaining market information has just got easier than ever thanks to the mobile application of Birouinfo.ro, already available for iPhones and Android phones on the pages of App Store and Google Play. The application presents available offices and office market events in Hungary, Romania, Austria, Serbia and Croatia, making them accessible anywhere, at any time.

Bega Grup opens 11,000 sqm offices in Timisoara with EU financing

The first phase needed an investment of EUR 3.5 million, the total budget of the project reaching EUR 10 million. The first phase is 70% pre-leased, while the second phase is 40% developed and is scheduled for completion in the first quarter of 2014. The next phases will be decided depending on the evolution of the market request.

Well-known office buildings refurbished in Warsaw

Chmielna 134 Business Office Center and Koszykowa 54 Trade Center have undergone thorough modernisation to raise the standard of offered rental space. Both buildings, located in the very heart of downtown Warsaw, were erected in the mid-1990s. The properties are owned by UBS (D) Euroinvest Immobilien fund managed by UBS Real Estate Kapitalanlagegesellschaft mbH.

Biggest private construction sites in Bucharest

The biggest ten private construction sites in Bucharest involve total investment of approx. EUr 500 million and will deliver on the market 11 new office buildings, the nineth mall in Bucharest, another four residential buildings and a hypermarket.

Global City Business Park will have green certification

The process of LEED certification for green buildings is currently undergoing for Global City Business Park. The pre-assessment process was completed, and implementation procedure should be determined.

Euro Tower was evaluated at EUR 50 million

The 18 floors office tower Euro Tower in Bucharest, where companies such Banca Românească, ArcelorMittal, Schneider Electric or Avon have their quarters was evaluated by Colliers International at EUR 50.1 million, with a slight increase compared to the level of EUR 49.8 million, established in 2011.

Bucharest office rents down to EUR 7.7/sqm/month

Bucharest office rents went down to EUR 7.69/sqm/month, the cheapest offers being registered in the Eastern Bucharest, according to a report done by Esop Consulting.

Bucharest, in Top 15 cities with biggest office occupancy cost cuts

Bucharest occupies the 12th place in the top of world cities with the biggest office occupancy costs cuts in the last year, with 6.1% decrease in 1Q 2013 compared to 1Q 2012, according to CBRE real estate consultant.

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