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Articles - transactions

Demand for office spaces surged by over 60%, with transactions up to 1,000 sq. m being the most prevalent

The office market in Bucharest has shown a sustained demand growth in Q1, both in terms of the transacted volume and of the average lease size, amid an extremely limited new supply, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Private medical networks emerge as key tenants in Bucharest office buildings

The rapid expansion of the private medical sector is also reflected in the real estate field: the large networks of private medical clinics and hospitals in Bucharest currently occupy spaces with a total area of over 215,000 square meters, according to an analysis by the real estate services company iO Partners.

Flydubai, the UAE-based airline, opens an office in Bucharest in the Eminescu Offices building

flydubai, the UAE-based airline, opens an office in Bucharest in the Eminescu Offices building through a transaction brokered by the Cushman & Wakefield Echinox real estate consultancy company.

WNS Global Services - Romania, NYSE listed leading digital transformation services provider, is setting up their office in One Cotroceni Park

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces that WNS, the forefront business process management (BPM) company, will be relocating its headquarters to One Cotroceni Park, as of this April. By moving to one of the emblematic business offices in Bucharest, WNS is affirming a commitment to providing a cutting-edge working environment for its 400+ employees.

SkyTower closes the first quarter of 2024 with new leases totalling 3,000 sqm

SkyTower, the iconic landmark of Bucharest and the tallest building in Romania, proudly announces that it has secured leases for more than 3,000 square metres of prime office space in the first quarter of 2024, attracting interest from both local and international companies.

KARL STORZ Endoscopy ROMANIA rents 1,000 m² at Timpuri Noi Square

Vastint Romania, part of the VASTINT group with over 30 years of international experience in real estate, announces the signing of a new lease agreement at the Timpuri Noi Square office project with KARL STORZ Endoscopy ROMANIA, a sales subsidiary for the international leader in endoscopy, KARL STORZ.

What kind of properties investors bought in Romania in the first quarter of 2024

Real estate investments in the first quarter of 2024 reached €205.75 million, up 33% from the same period last year, according to an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. The top real estate segments attracting the most investments are retail, hotels second and industrial third.

CMS expands its office space and extends on a long term its lease contract at One Tower

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces that CMS Romania, a top law firm and one of its tenants, has decided to extend on a long term its lease contract at One Tower and expand its office space by an additional 350 square meters. This extension underscores the strong partnership between CMS Romania and One United Properties, highlighting the exceptional quality of One Tower office building and the benefits offered within the ecosystem created at One Floreasca City.
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