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

04.11.2013

Office space rentals in Bucharest totaled about 60,000 square meters in the first quarter of 2013, up 20% on the year, according to firm The Advisers/Knight Frank, which brokered one third of the more

03.28.2013

Charles de Gaulle Plaza in Bucharest, a landmark among the business centers in Romania’s capital city, has found new tenants fast after UniCredit Tiriac and Raiffeisen Bank moved out. The two left more

03.27.2013

Oil companies OMV Petrom (SNP.RO) and Expert Petroleum have rented a 750-square meter office space in City Business Centre (CBC) Timisoara, western Romania. more

03.21.2013

Insurer Generali, antivirus software vendor BitDefender and the importer of the Mercedes Benz cars are among the companies to have sealed the most important office space deals in the first months of more

03.13.2013

The year may have started with rental deals for 1,000 to 4,000 square meters of office space, but several developers feel they have got the right solution to the current market and are willing to more

11.29.2012

Austria’s CA Immo, which owns four office complexes in Bucharest with a lettable area of 104,000 square meters, has kept its buildings 99% occupied after renegotiating and extending contracts with more

11.12.2012

Developers completed in Bucharest office projects totaling 44,000 square meters in the first nine months of 2012, down 14.4% on the year, while rentals fell 21% to 140,000 square meters, according to more

11.07.2012

The average vacancy rate of office spaces in Bucharest remained stable at 17.5% in the third quarter of 2012, while there are significant vacancy rate differences among neighborhoods, real estate more

05.31.2012

With more than 200,000 square meters of empty office space in an economy that is not completely free of recession and low foreign direct investment (merely EUR2 billion a year), developers continue to more

03.13.2012

Sibiu is Romania’s cheapest city in terms of office rental, averaging EUR9-11 per square meter, compared to EUR19.5/sqm in Bucharest, according to a six-city study by realty advisors CB Richard more

02.01.2012

The scarce offer of large office spaces in Bucharest will likely prompt companies to pre-rent 40% of the total surface to be delivered in the next couple of years, property consultancy firm Colliers more

10.12.2011

Bucharest ranked 27 in a Cushman&Wakefield survey on the cost and availability of office space 36 European locations, up from last year's ranking, following improvements in the city infrastructure. more

07.13.2011

Developers delivered ten times less office space in Bucharest in the first half of this year, compared to the same period of 2010, namely 12,950 square meters, which could mean rents would go higher more