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Articles - renewals

Genpact Remains in Hermes Business Campus

Adventum Group, a Hungarian-based fund manager, has announced the extension of their partnership with Genpact Romania, the Romanian branch of a global professional services firm.

CBRE assisted Eli Lilly in renewing the lease in Bucharest Business Park

CBRE advised Eli Lilly and Company (NYSE: LLY) in the process of renewal its offices from Bucharest Business Park (BBP), a project owned by CA Immo in the north-west of Bucharest.

The office rental market in Bucharest is recovering

The office market is showing signs of recovery, recovering in the first half of 2021 half of the fall due to the pandemic, according to an analysis conducted by the company ESOP Consulting, based on data from the forum of large real estate agencies.

The first signs of a come-back for the office market: the pre-lease transactions increase and the renegotiations decrease

The volume of leasing transactions on the Bucharest office market increased in the first quarter of 2021 to 48,000 square meters, a 9% decrease from the similar period of the previous year, when the Covid-19 pandemic was still on its onset in Europe, reveals the research data of the real estate consulting company Cushman & Wakefield Echinox.

CEE Tenant Advisors – First Independent Tenant Representation Network in CE

The Coronavirus epidemic is undoubtedly a real hard cost for businesses. The uncertainty surrounding this crisis is prompting companies to find sources of savings to reduce their costs. Rent and office management are the second largest expense item for companies after salaries. It is therefore relevant to ask the question of how to reduce the cost of your premises as much as possible and/or match the current needs of space with the current working constraints.

Record long-term partnership in an iconic office complex: CA Immo renews the lease for Sony offices in Bucharest Business Park

CA Immo has renewed the lease contract with Sony for another five years, thus becoming one of the longest leases in Bucharest Business Park.

Altex sign office contract renewal in Global City Business Park

Altex has signed the renewal of its lease agreement for the premises occupied in Global City Business Park, transaction brokered by Crosspoint Real Estate

AFI Europe Romania announces the renewal and expansion of the lease agreement with Microchip Technology in AFI Park 1 office building

AFI Park 1, part of the complex AFI Park 1-5, announces the renewal of the lease agreement with Microchip Technology and the extension of the rented office space with 1,200 sqm. Currently, AFI Park buildings 1-5 have an occupancy rate of 100%.

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