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Articles - transactions

Forte Partners sells to Pavăl Holding the first phase of the U•Center office project

Forte Partners announces the signing of the sale transaction of the first phase of the U•Center office project in the Tineretului area of Bucharest to Pavăl Holding. The office building is 100% leased to companies such as Booking Holdings, Endava, Lensa, Up Romania, BT, Neuroaxis, DCS plus.

SkyTower signs 10-Year Lease with CAFÉLIER

SkyTower Building, the tallest office building in Romania, signs a new 10-year lease contract with CAFÉLIER – a premium specialty coffee shop operator offering a wide range of specialty coffees, artisanal sweets, and drinks.

Top cities that attracted the most office tenants in the third quarter of 2022

Across the country, in the last three months, companies have leased modern offices with a total area of 108,747 sqm, both new offices and contract extensions, up 9% from the same quarter of 2021, according to an analysis by Fortim Trusted Advisors, an alliance member of the BNP Paribas Real Estate.

Alpha Bank Romania leases 5,000 sq m in GTC office building City Gate Bucharest

GTC real estate company has announced one of the most important lease transactions of the year. Alpha Bank Romania, part of Greek Alpha Bank Group, will be relocating part of its operations to City Gate North Tower starting January 2023.

Office vacancy is at a record high, amid a shortage of new office buildings

At the end of the third quarter of 2022, Bucharest modern office stock reached 3.30 mln. sq m, registering only 5 office projects delivered in the first nine months of this year. By the end of the current year, just one additional project is estimated to be completed, making 2022 a particularly record year, with the lowest number of office buildings delivered in the last five years, according to CBRE Romania.

Infineon Technologies AG opened an R&D center in IULIUS Group’s Palas Iași complex

Infineon Technologies AG will initially occupy a 600 sqm office area in Iași, located in the Palas mixed-use complex, an investment by IULIUS Group.

One United Properties acquires the Eliade Tower office building

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and office real estate in Romania, announces the completion of a new acquisition of an office building, Eliade Tower. The building was acquired from Eurobank S.A. Greece for 9.5 million euro.

Depanero rented over 4,000 sqm of offices within Sema Parc project

Depanero, the largest electro-IT service company in Romania, has a new headquarters starting this autumn, located in the Sema Parc.

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