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Articles - transactions

Star Storage has rented 2,200 sqm in Globalworth Campus office project in Pipera

Globalworth has rented 2,200 sqm in the Tower 1 building within Globalworth Campus to Star Storage, an IT product and service provider, which will use the new space, located on the fifth floor of Tower 1, to conduct business and IT Research and Development operations.

Everseen rented 1,250 square meters of offices in the building of UBC 1 in Iulius Town Timisoara

Everseen, a company specialized in artificial intelligence, rented 1,250 square meters in the office building of Class A United Business Center 1 (UBC 1) in Iulius Town Timisoara for its headquarters in Romania.

Delayed transactions in Romania could reduce this year’s investment volume locally

For the first three quarters of 2019, the CEE region has recorded an investment volume of ca. €9 billion.

Companies leased about 290,000 sqm of office space in Bucharest in the first three quarters of 2019

The real estate market continued to show a positive evolution, and in the third quarter of 2019, the positive trend applied to all three leasing sectors, according to CBRE Research data. In the first nine months of the year, approximately 290,000 sqm were leased on the office segment, the main source of the demand being the IT&C companies and the financial industry.

Corporate Finance House Group to enter Romania property market

Middle East Corporate Finance House Group (CFH) bought the Day Tower office building in Bucharest, a building developed by Day Group.

Sanamed to relocate within Business Garden Bucharest office complex, developed by Vastint

Sanamed will relocate its activity starting 2020 in a 3,900 sqm space situated in the Business Garden Bucharest, the office project developed by Vastint Romania.

The Romanian office space market grew by 24% in the first three quarters of 2019

In the first nine months of 2019, the volume of office space rental stands at 339,100 sqm, 65,430 sqm more than last year in the same period, according to an ESOP monitoring of centralized data by the main market brokers. The largest transactions were registered in Bucharest, Cluj-Napoca and Timișoara.

Veeam Software to lease 2,300 sqm offices in Business Garden Bucharest

Veeam Software has leased approximately 2,300 sqm, with possibility of extension, in Business Garden Bucharest, building owned by Vastint Romania in Orhideea area, as part of their growth strategy.

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