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

12.16.2015

Office space transactions rose by approximately 10% in January-September compared with the corresponding period a year before, according to real estate consulting firm DTZ Echinox. more

12.08.2015

Real estate company GTC Romania is about to buy Premium Plaza and Premium Point office buildings, real estate market sources say, in a deal put at EUR30 million to EUR40 million. more

11.25.2015

The Orhideea area near the Basarab Overpass in Bucharest is shaping up as a future office space hub of the city, with foreign and Romanian investors developing a number of projects there. more

11.16.2015

Five deals involving sale of office buildings in Bucharest worth EUR180 million to EUR200 million together have been announced and closed or should be closed by the end of this year, ZF has found from more

10.20.2015

New office space demand in Bucharest totaled approximately 81,000 square meters in January-September, mostly coming from IT companies (42,200 sqm, according to real estate consulting firm JLL. more

10.08.2015

The ten largest office space rental deals in the first nine months of the year total more than 80,000 square meters, and the IT and outsourcing companies were the most active on the office space more

09.30.2015

Buildings 4 and 5 of the AFI Park office complex built by Israeli-held developer AFI Europe around the AFI Palace Cotroceni shopping center have been 20% pre-let, several months before inauguration. more

09.28.2015

Austrian developer Immofinanz has signed contracts for office space of over 21,000 square meters, mainly by extending the lease contracts with existing tenants, among which Siveco Romania and KPMG more

09.28.2015

Sweden’s Skanska, which developed the Green Court office complex in Floreasca-Barbu Vacarescu area in northern Bucharest, hopes to start work on another office complex near Politehnica subway more

09.16.2015

A company part of Tiriac Imobiliare, the real estate division of businessman Ion Tiriac, has acquired full control of the Buzesti Center office space project near Piata Victoriei (downtown Bucharest). more

08.14.2015

The year 2015 appears to be the most productive after 2011 in terms of new office space deliveries, with about 154,000 square meters (enough to accommodate 15,000 people) set to open by the end of the more

07.10.2015

The central-western part of Bucharest, which includes the Orhideelor area, the Basarab Overpass and the areas around the Grozavesti, Petrache Poenaru and Politehnica subway stations, is shaping up more

07.08.2015

Sky Tower, the tallest building in the country, will be fully rented by the end of the year, says Ruxandra Grinzeanu, managing director of Raiffeisen Property Romania, the owner of the building. more

07.07.2015

Cluj-Napoca (NW Romania), one of the major cities of Romania other than Bucharest, will see its office space stock reach 229,000 square meters this year, an increase of 23% on 2014. more

06.16.2015

Nearly 96,000 square meters of office space will be delivered in Romania’s cities of Cluj-Napoca, Timisoara, Iasi and Brasov throughout 2015 and the demand will reach some 80,000 sqm, Mihaela more

06.11.2015

The ten most important office space transactions in Bucharest in the first four months of the year amounted to about 48,500 square meters and most were relocations and lease renegotiations and more

04.14.2015

Companies leased office spaces totaling nearly 85,000 square meters in the first quarter, up 15% on the year, out of which 75% in the capital city, Bucharest, according to real estate consultancy firm more

03.05.2015

Office space transactions outside Romania’s capital city Bucharest stood at 37,377 square meters in 2014, up 60% on the year and over sevenfold higher compared with 2012, while tenants mainly more

02.27.2015

The vacancy rate of the office buildings in Bucharest dropped towards 13% to 14% last year, but about 300,000 square meters are still empty, which translates into some EUR100,000 per day or EUR35 more