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Articles - transactions

EY Romania moves to larger office in Timisoara as regional activity grows

EY Romania’s team in Timisoara has recently expanded to 20 members and has moved to a larger office space in the City Business Centre building, which is also in line with the company’s global concept of Workplace of the future, representatives inform.

Avangate expands office space in Bucharest by 1,000 sqm

Starting this fall, the Avangate team in Bucharest increased its office space by another 1,000 sqm, adding to the existing 2,000 sqm in Pipera, C1 and C3 Conect buildings, the company announced. So, at present, 180 employees enjoy a total area of 3,000 sqm equipped according to the latest standards of comfort.

Vabeld bought two warehouses and 15 ha land from former Cefin Real Estate shareholders

Belgian real estate investor Vabeld has bought from the former shareholders of Cefin Real Estate, the real estate division of the Italian group Cefin, two logistics warehouses situated at the Bucharest exit to Pitesti. This is the company’s second acquisition since its entrance on the local market this summer.

GTC, on the brink of buying two office buildings in Bucharest’s Victoriei Square

Real estate company GTC Romania is very close to take over the office buildings Premium Plaza and Premium Point, according to sources in the real estate market, the transaction being estimated at nearly EUR 30-40 million.

Centric IT Solutions expands with 1,700 sq. m in Iași

Software solutions provider Centric IT Solutions rented 1,700 sq. m in United Business Center Palas office park in Iași, reaching a total area of 4,000 sq. m.

Belgium’s Atenor negotiates the sale of Hermes Business Campus office park in Bucharest

Real estate developer Atenor Group negotiates the sale of Hermes Business Campus, its office complex in northern Bucharest. The complex includes three buildings with a total area of 73,180 sq. m and its tenants include companies such as Idea Bank (RIB), Lavalin, Luxoft, DB Schenker or Xerox.

Top offices outside Bucharest at 9 months: Iasi and Timisoara cities attracted more than two thirds of the tenants

In the first nine months of 2015 the large cities outside Bucharest registered office transactions totalling an area of 37,417 sq. m, with 46 pct. increase compared to the similar period of 2014 (when a total of 25,475 sq. m were transacted) and almost equal to the entire area transacted in 2014 (37,377 sq. m), according to ESOP study.

Skanska sells Building B of Green Court Bucharest office project to Globalworth Real Estate Investments for EUR 47 M

Skanska has sold Building B of the Green Court Bucharest office complex. The property has been acquired by investment company Globalworth Real Estate Investments, which already owns Building A. The Green Court Bucharest scheme is Skanska’s first office development in Romania.

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