Articles - transactions

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.

Vox Technology Park leases 1,200 square meters to Nestle, MHP – A Porsche Company and Tech Mahindra

Office project Vox Technology Park from Timisoara leased 1,200 square meters of office space to Nestle, MHP Romania – part of Porsche Group, and to Tech Mahindra.

Romania remains an outlier in the CEE region in H1 2019

The Romanian real estate market recorded good results in the first half of 2019, with activity on office and investment segments getting more dynamic than that of some CEE peers. With the full year GDP expansion figure likely to top 4%, Romania also remains an outlier in terms of economic performance when compared to other CEE economies.

1.1 million Euros investment in a 2,100 sq.m. fitness club in Vox Technology Park

Vox Technology Park from Timisoara leased 2,100 square meters to Nextfit, which will open in November an fitness club within the office project.

Investments of 410 million euros in Romanian real estate projects

The investment volume from the first semester of 2019 amounted to approximately 410 million euros, up 6% compared to the similar period of last year, when investments were made on the local market with an investment value of 386 million of euros, according to Cushman & Wakefield Echinox calculations and estimates.