03.05.2014

Costs with occupying class A office spaces in Romanian cities of Cluj, Iasi, Timisoara and Brasov are up to 25% lower than in capital city Bucharest, with the total office space stock in the four more

02.21.2014

Bucharest fell by three positions, to 45, in the top of the world’s 67 most expensive office markets, although rents in the central zone rose slightly in 2013, according to real estate consultant more

02.18.2014

Expansions and new entries had an annual average weight of 30% in the overall office space demand in capital city Bucharest over the last four years, according to real estate consultancy firm more

02.10.2014

Swedish-held Skanska construction and real estate development group will step up investment in Romania as of this spring, when it begins work on the second building of the Green Court office space more

02.06.2014

Transactions involving office spaces in Romania's capital city Bucharest exceeded 300,000 square meters in 2013, the highest volume reported in the last six years, with one third of the transactions more

01.29.2014

Real estate consulting firm CBRE Romania signed lease contracts worth over EUR275 million for 300,000 square meters of office space between 2008 and 2013, according to company data released Wednesday. more

01.09.2014

Lease transactions involving office spaces in Romania's capital city Bucharest reached nearly 300,000 square meters in 2013, up 22% on the year, according to data by consulting firm Esop Consulting. more

01.08.2014

Procter&Gamble has extended its leased office space to 6,000 square meters in Iride Business Park, held by Austria's Immofinanz, in northern Bucharest. more

12.10.2013

Office space transactions in Bucharest will exceed 250.000 square meters in 2013, up 10% from 2012, and the most active companies operate in the sectors of outsourcing, pharma and IT, according to a more

12.03.2013

Approximately 70% of office spaces in Pipera area (northern Bucharest) is leased by large corporations, according to a recent analysis by Global City Business Park, one of the major office projects in more

12.03.2013

Companies renting office space can save up to 30% on costs by re-examining the amount of space allocated to each employee, as wityh the evolution of technologies there are companies where fewer more

12.02.2013

Cluj and Timisoara (western Romania) are the only two cities in Romania that still have more than 300,000 inhabitants, according to the 2011 population census, whereas the cities of Iasi, Constanta more

11.20.2013

Modern office space stock in Romania is estimated at 2.58 million square meters and the vacancy rate stands at 14.2%, or 370,000 sqm, according to real estate consulting firm CBRE Romania. more

10.15.2013

Centric IT Solutions Romania, the local division of Dutch software solutions provider Centric IT Solutions, has extended by another 1,200 square meters the office space rented out in United Business more

09.30.2013

Office space demand by midcap companies in Romania rose 14% in the first nine months of 2013, and 54% of them are disposed to pay monthly rent of up to EUR11/square meter, according to real estate more

09.10.2013

Romania’s capital city Bucharest ranks fourth in Europe, after Istanbul, Kiev and Warsaw, by new office space supply expected between 2013 and 2014, according to a survey by real estate consulting more

08.01.2013

Office projects to be completed in Bucharest in 2014 will include only 48,700 square meters, a record low since 2000, according to estimations by real estate consulting firm CBRE. more

07.24.2013

Austrian company Alpine Bau will no longer build 16 km of highway, 50 km of railway and an office building in Romania, as it filed for bankruptcy in Austria. more

07.23.2013

Office space rentals in Bucharest totaled 125,000 square meters in the first half of 2013, up 12% on the year, and new rental contracts made up less than one quarter, according to real estate service more

07.18.2013

Real estate consulting firm CBRE Romania brokered nine office space transactions (18,000 square meters) in the first half of the year, and most of the contracts were renegotiated or extended, which more

07.16.2013

Chocolate and sweets manufacturer Ferrero Romania has rented out 1,200 square meters of office space in office building City Gate in capital city Bucharest, according to realty consulting firm BNP more

07.08.2013

Demand for office space by midcap companies in Romania increased by 9% on the year in the first half of 2013, considering that the number of midcap firms in search of office spaces rose by 21% in the more

06.25.2013

Average office space rents in Bucharest range between EUR7.69/square meter per month and almost EUE13/sqm/month, and the cheapest offers are available in the eastern parts of the capital, according to more

06.05.2013

The prices of office buildings put up for sale in Bucharest range between EUR1,100 per square meter and EUR3,800/sqm, while in other large cities across Romania they vary between EUR400/sqm and more

04.16.2013

Office space demand in Cluj-Napoca, northwestern Romania, exceeds the offer, which caused many investors to renounce expansion plans in the city, Romanian businessman Ovidiu Sandor said Tuesday. more