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Articles - tranzactii

Offices: 41% of total take-up was recorded in the Dimitrie Pompeiu area in Q1 2024 in Bucharest

The office market remains fluid and flexible. Two distinct trends have emerged in 2023: securing entry into prime new locations and optimising the portfolio through best value negotiations, all driven by a market with limited deliveries. After the first 3 months of this year, the office sector in Bucharest shows a positive fluctuation in terms of total leasing activity, being 71% higher than the same period last year.

Top regional centers for renting modern offices: Cluj leads in new demand, Timisoara in contract extensions and Iasi in the lowest vacancy rate

Outside Bucharest, companies leased less than a fifth of the total traded area in Bucharest, according to a study conducted by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. In total, the companies leased new modern spaces, at regional level, with a total area of 37,441 sqm, which represents 18% of the volume registered in Bucharest, at the level of 2023.

HP extends lease in YUNITY Park for another 5 years

Genesis Property, one of Romania’s leading office building owners, and HP Inc. Romania have signed a 5-year lease extension for 7,000 square meters of office space in YUNITY Park, the most innovative office campus in Romania.

Real estate investment market slowed down its activity in 2023, decreasing by more than half

The Romanian investment market recorded transactions of around 476 million euros last year, down by more than half over 2022’s cycle high of 1.25 billion euros, according to the 2023 Annual Report released by Colliers.

AllCloud Secures a Workspace in River Plaza, for Agile Growth, Advised by CBRE

ALLCLOUD, a US-based global leader in cloud-based services, has selected River Plaza, a modern office building in Romania’s capital city, in a strategic real estate transaction facilitated in a highly efficient manner by CBRE Romania. The collaboration of all parties involved resulted into a lease of a fully fitted out workspace, with the flexibility to accommodate a potential future expansion of the technology focused professional services company.

Blankfactor reaches for the Sky, moves into the top floor of Romania’s tallest office building

Blankfactor, a global provider of end-to-end digital transformation technology solutions for global financial services and payments giants, has selected SkyTower, a landmark office building in Romania, in a strategic real estate transaction, which was facilitated by valued-partner CBRE Romania, with the aim of Blankfactor moving into the space by March 2024.

myhive S-Park office building expands its tenant portfolio with Austrian construction company, Swietelsky

CPI Property Group, one of Europe’s leading real estate owners, announces the expansion of its local office community by signing a lease agreement with Swietelsky, an international construction group, based in Austria. The new tenant will occupy an area of approximately 1,250 square meters, in myhive S-Park office building, the contract being signed for a period of 5 years, starting with March 2024.

Cognyte, a global leader in investigative analytics software, leases 1,600 square meters in U•Center 2

Cognyte, a global leader in investigative analytics software, has leased 1,600 square meters of office space, assisted by CBRE, in U•Center 2.
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