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Articles - tranzactii

Office vacancy is at a record high, amid a shortage of new office buildings

At the end of the third quarter of 2022, Bucharest modern office stock reached 3.30 mln. sq m, registering only 5 office projects delivered in the first nine months of this year. By the end of the current year, just one additional project is estimated to be completed, making 2022 a particularly record year, with the lowest number of office buildings delivered in the last five years, according to CBRE Romania.

Infineon Technologies AG opened an R&D center in IULIUS Group’s Palas Iași complex

Infineon Technologies AG will initially occupy a 600 sqm office area in Iași, located in the Palas mixed-use complex, an investment by IULIUS Group.

One United Properties acquires the Eliade Tower office building

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and office real estate in Romania, announces the completion of a new acquisition of an office building, Eliade Tower. The building was acquired from Eurobank S.A. Greece for 9.5 million euro.

Depanero rented over 4,000 sqm of offices within Sema Parc project

Depanero, the largest electro-IT service company in Romania, has a new headquarters starting this autumn, located in the Sema Parc.

Workspace Studio extends its lease term plus its office space on the 18th floor of SkyTower

SkyTower, the tallest office building in Romania, signed a 5-year lease extension contract with Workspace Studio – a company specialized in office design solutions and Certified Dealer of the MillerKnoll group in Romania.

Car parts producer Preh Romania leases 4,500 sqm of office space in United Business Center Iasi

Car parts producer Preh Romania, a division of the global supplier to the automotive industry, has leased 4,500 sqm of office space in United Business Center, the class A office component of the Palas Iasi mixed-use complex. The company will operate there starting in the second quarter of 2023.

Regional Cities Office Snapshot H1 2022: IT Companies Continue To Dominate The Regional Markets

The office letting market in Romania has shown a decrease of almost 18% of gross take up during H1 2022 compared to H1 2021, even though Bucharest showed a slight increase. Timisoara had by far the largest share in office leasing transactions in regional cities during H1 2022, with almost 20,000 m², or approximately 54% of total office transactions in major regional cities. The second largest market is Iasi, with 10,500 m² (29%), followed by Cluj-Napoca and Brasov.

One United Properties signed 103.400 sqm office lease from January 2020 to date

One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use and office real estate, announces the signing of lease contracts for 103.400 sqm office space from January 2020 to date
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