12.22.2016

Companies are starting to look for modern office space in less ‚traditional’ cities, as new investments in industry or services are made, believes entrepreneur Ovidiu Sandor, CEO of Mulberry more

12.13.2016

Office space stock in Bucharest exceeded 2.5 million sqm, while another 80,000 sqm will be delivered by the end of the year, according to the latest CBRE data. more

12.05.2016

The development of Bucharest in the past few years has mostly focused on office buildings in the north of the city in Pipera and Barbu Vacarescu, along with tens of thousands of new homes in the south more

10.31.2016

Liviu Tudor, the biggest Romanian office space owner, who owns West Gate in western Bucharest where the offices of Renault are, has withdrawn from the tender for the new local headquarters of the more

10.25.2016

Over 294,000 square meters of Class A office space will be delivered this year in capital Bucharest, within 16 real estate projects, and nearly half of total office space already delivered (48%) is in more

08.31.2016

Retail space real estate markets in Romania and Hungary register a new capital flow due to a major difference in terms of yield between Western Europe and Eastern Europe, where the office space yield more

08.08.2016

The central-western area of capital city Bucharest accounted for one third of the total office lease market, in the first half of 2016, higher than 10% in 2015, according to an analysis by consulting more

07.21.2016

The real estate market keeps its upward trend, with the total demand reaching 100,700 sqm in the second half of the year and 205,500 sqm in the first half, accounting for 86% of the total demand in more

07.04.2016

ING Bank, the local branch of the Dutch group, is in talks with Inter Ikea’s real estate arm Vastint over renting office space in Business Garden Bucharest that Vastint is building in the Basarab more

07.03.2016

Romania is a stable and very good market for CA Immo, placing among the best in the region, as seen in the last five years which constantly brought an occupancy rate of over 97%, said Marian Roman, more

06.13.2016

Construction of new office space projects in the south of Bucharest will help reduce traffic in the north of the city and make things better for employees who will be able to spend more time with more

05.09.2016

Austrian-held real estate developer Immofinanz has signed this year lease and lease extension contracts on the local office segment for surface areas of over 37,000 square meters in seven of its class more

05.04.2016

Real estate developers have to build when the economy is in recession so as to have their products ready for companies when the economy recovers, believes Ovidiu Sandor, the Timisoara real estate more

04.19.2016

Companies in Romania leased nearly 140,000 square meters of office space in capital Bucharest and the country’s big cities, in the first quarter of 2016, double from 76,000 sqm leased in the same more

04.13.2016

Banca Comerciala Romana (BCR), Romania’s largest lender by assets, signed a lease contract with real estate developer Forte Partners, in early April, for office space in business park The Bridge more

03.21.2016

The development of office buildings and the new residential projects have turned the Barbu Vacarescu-Floreasca area of Bucharest into a nightmare for the 30,000 people trying to get to work there more

03.11.2016

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02.29.2016

Class A and B office buildings in Bucharest accommodated more than 200,000 employees at the end of 2015, and their number is expected to grow 20% in 2016, to 240,000 employees, according to real more

02.29.2016

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02.24.2016

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02.23.2016

Bucharest’s modern office stock rose 4% in 2015, to 2.25 million square meters, while for 2016, the volume of new space deliveries is seen reaching a record high since 2009, of which 60% will be more

02.22.2016

The Floreasca-Barbu Vacarescu area (connecting central to northern Bucharest), home to almost 15% of the office space in Romania’s capital city, is the busiest office space construction site, with more

02.17.2016

Sweden’s Ikea plans to build the largest real estate project in northern Bucharest on a 48-hectare plot it bought from a Romanian entrepreneur. The new project will include both apartments and more

02.08.2016

The volume of office spaces leased last year outside capital Bucharest rose 32% to 49,661 square meters, with the largest volumes traded in Iasi city (17,682 sqm) and Timisoara city (13,043 sqm), more

01.06.2016

Office space lease market could increase by 20-25% in 2016 due to the legislative changes and headquarters consolidations of certain multinationals, Alexandru Petrescu, ESOP Consulting managing more