01.19.2016

Real estate developer AFI Europe has signed pre-lease contracts for 16,000 square meters of office buildings AFI Park 4 and 5, thus reaching a 50% occupancy rate at the beginning of this year, the 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

12.10.2015

Private sector companies and public sector institutions bought about 14,000 printers in the first nine months of the year, most of them black and white devices, so the office equipment market rose by 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

11.18.2015

The office market in large Romanian cities, except capital Bucharest, rose 46% on the year in January-September 2015, to 37,417 leasable square meters, and the largest traded areas are in the cities 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

11.13.2015

Real estate investment firm Globalworth founded and run by Greek businessman Ioannis Papalekas now owns five office buildings in the Calea Floreasca-Barbu Vacarescu area, close to the Aurel Vlaicu 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

Austrian group CA Immo, which owns five office buildings in Bucharest, set off the development of office space project Orhideea Towers, which entails investments of EUR75 million. 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

10.06.2015

Real estate developer Forte Partners, founded by businesspeople Geo Margescu, Ionut Dumitrescu and Johny Jabra, is constructing two office buildings near the Basarab Overpass in capital Bucharest, 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

09.30.2015

Alpha Group Investments, a division of Alpha Bank, and Ali Ergun Ergen, who used to run Plaza and Baneasa malls in Bucharest, are due to begin construction on a retail and office development in 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

09.02.2015

Gheorghe Iaciu, the entrepreneur who owns real estate developer Impact Developer & Contractor (IMP.RO), believes he will be able to sell 490 apartments in Bucharest compared with 90 last year and more

08.31.2015

Almost seven years from the onset of the economic crisis, the banking system has lost one fifth of the jobs and offices. A number of 14,282 people left the system and 1,349 offices and branches were more

08.24.2015

Germany real estate asset management company GLL Real Estate Partners, which owns Charles de Gaulle Plaza in Bucharest, a landmark among the business centers in Romania’s capital city, is one step 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

07.30.2015

Bucharest’s modern office stock increased by 2.5% on the year in the first six months and stands at 2.21 million square meters, according to real estate consulting firm DTZ Echinox. more

07.13.2015

Real estate developer Forte Partners, founded by three businessmen - Geo Margescu, Ionut Dumitrescu and Johny Jabra, is preparing about EUR70 million investments in two office projects in Bucharest, 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