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Articles - office rentals

First tenant of Magheru One office

Epstein moved in Magheru One office building from the centre of Bucharest, through a transaction advised by The Advisers/Knight Frank, with a lease agreement for 400 sq.m.

The number of the office buildings under construction has increased

The number of office buildings in construction has increased in the last 3 months following the starting of the construction works for large scale projects such as Center Square, Green Court Phase I and Monolit Plaza, according to according to Jones Lang LaSalle latest report.

Global Finance aims to double the occupancy rate of Global City in 2 years

Coca-Cola HBC and Total Soft had renewed their leases for the office complex Global City Business Park in Pipera, and the building owner aims to reach 90% occupancy rate in the next two years.

Raiffeisen Bank România moved in Sky Tower, the tallest building in Bucharest

Raiffeisen Bank România has announced the relocation of the central administration quarters and of the group subsidiaries in Sky Tower, where approx. 1,700 employees will work.

Sodexo has rented 2,700 office space in Novo Park

The company Sodexo Solutii pentru Motivare, one of the most important players on the Romanian B2B motivation solutions market, having in its portfolio meal, gift, holidays tickets and other relocated its offices and production activity to Novo Park, an office complex situated in the proximity of Pipera metro station in Bucharest.

Decrease of the occupancy rate on Bucharest office market

In the first quarter of 2013, the non-occupancy rate increased from 18.5% to 20.5%, due to the deliveries from the 1Q, approx. 70,000 sqm, says Daniela Popescu, Research Director of Colliers International.

Cushman & Wakefield secures three office deals in Kraków

Cushman & Wakefield secured three office lease deals in Kraków office market in February.

83,000 sqm industrial space transactions for 1Q 2013, 60% of 2012 total area

The area of the traded industrial space in 1Q 2013 reached 83,000 sqm, representing more than half of the last year total, but the biggest transactions was registered as renegotiation and less new rentals, according to CBRE.

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