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Articles - transactions

The medical field has surpassed the IT&C field as a share among the tenants of office space in 2021, on the Bucharest market

The medical field increased as a share from 3% of total office leases in 2019 to 10% in 2020, the first year of the pandemic, and reached 23% at this time, according to monitoring by ESOP Consulting. In addition, there is an increase in total demand from medical companies, which are trading this year, a total of 31,540 square meters of office space in Bucharest, given that they rented 10,280 square meters throughout 2020.

In Bucharest, in the first nine months of 2021, tenants interest increased for small offices

By the end of September 2021, more new small office space, up to 1,000 square meters, was rented than in the same period in 2020 and even in 2019 or 2018, before the pandemic, according to an analysis by the real estate company ESOP, based on data centralized by major brokers in the office market.

PPF Real Estate has two new tenants in Crystal Tower

PPF Real Estate, a developer and investor with real estate assets exceeding 2.4 billion euros globally, recently announced the signing of new leases for Crystal Tower, the Class A office building it owns in the center of the Capital.

The real estate investment market in Romania totaled approximately 570 million euros

The real estate investment market in Romania totaled in the first 9 months of the year approximately 570 million euros, 29% less than in the same period last year, when the volume amounted to about 890 million euros, according to JLL Romania. In the third quarter, transactions totaling just over 260 million euros were closed.

Dover opens Business Services Office in Globalworth Plaza

Dover, a diversified global manufacturer and solutions provider, recently opened an office for its Business Services (DBS) function in Bucharest’s Globalworth Plaza. The 1,170 square meters space will enable DBS to continue providing value-added services to Dover operating companies in the areas of finance, information technology and human resources.

One United Properties purchases a historic building in the center of Bucharest

One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use, and office real estate in Romania, announces the acquisition of a historic building in Bucharest, with a purpose to transform it into a new high-class development called One Athénée.

Mirus Group rents 700 sq m of offices in Green Court C

Mirus, an international group specializing in multidisciplinary consulting, becomes the Globalworth tenant. The traded area is 700 square meters and was brokered by Cushman & Wakefield Echinox in the Green Court C building, for a period of 5 years, starting with October 2021.

Atenor sold its office project DACIA ONE to Paval Holding, Dedeman owner

ATENOR announces that an agreement has been concluded with Paval Holding, the owner of Romanian DIY retail business “Dedeman”, for the sale of its Romanian subsidiary Victoriei 174 B.D. srl . The target company owns DACIA ONE, located in the historic centre of Bucharest.

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