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

06.12.2015

The modern office space market estimated at 2.2 million square meters in Bucharest and 490,000 square meters in the main cities in the rest of the country is about to see a return of institutional 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

06.10.2015

Builder Bog’Art SRL of businessman Raul Doicescu ended 2014 with more than 585 million lei (EUR131 million) revenue, up 45% on 2013 and its highest in six years, according to Finance Ministry data. more

06.09.2015

U.S. office supply chain store Staples has entered the Romanian market through a partnership with Dacris, which imports office supplies and stationary, Dacris announced Tuesday. more

05.26.2015

The office segment is the driver of the real estate market in Romania, with record growth, as 33% of all demand in the first quarter was new demand, not relocation, Mihai Paduroiu, head of office at more

05.06.2015

Bucharest’s modern office stock increased by 2% on the year and stands at 2.2 million square meters in the first quarter, according to real estate consulting firm DTZ Echinox. more

04.23.2015

Bucharest has the smallest office space stock among the major capital cities of Central and Eastern Europe, of just 2.2 million square meters, half the level of Warsaw, according to a survey by real 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

03.23.2015

Austria’s Strabag, which has become the biggest player on Romania’s construction market, will raise the first two buildings of office project Oregon Park of northern Bucharest, an investment more

03.08.2015

Developers announce office projects at a fast rate, mostly speculating, but demand in Bucharest will likely remain constant in the following years, therefore the vacancy rate will rise again next year 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

02.24.2015

US group Oracle, one of the biggest players on Romania’s IT market, rented 10,400 square meters in Sky Tower of northern Bucharest, a space where offices for around 1,000 employees can be fitted, more

02.23.2015

Vastint Romania, the real estate arm of Inter IKEA, has started work on office buildings on the former site of the Timpuri Noi plant and is looking at other potential acquisition targets as land price more

02.16.2015

Austrian group Immofinanz has signed new leases and extended existing leases for a total of 11,000 square meters of office space in Iride Business Park in northern Bucharest. more

02.09.2015

Mihai Toader, a former general manager of state owned postal operator Posta Romana, has been sentenced to ten years and six months in prison for abuse of office, alongside other former company more

02.06.2015

The field of office furniture has very good prospects this year and in 2016 owing to companies mainly developing outside Bucharest, says Christopher Weller, managing partner of office furniture more

02.04.2015

Primavera Development, a company controlled by Tanasoiu family and Dutch-born Eelko Kortaweg, will start developing its first housing project this year, in northern Bucharest. It also plans to open more

01.19.2015

Nearly 80% of offices leased in Bucharest last year were located in the center-north and northern parts of the city, and businesses could switch focus to the center-west area in 2015 and 2016, more

01.13.2015

Real estate developer AFI Europe Romania has completed the third of the five office buildings to be constructed within the AFI Park compound in the vicinity of Bucharest-based shopping mall AFI Palace more

01.12.2015

The office space stock in Bucharest will increase this year by about 100,000 square meters like it did in 2014, while demand is double the supply, Andreea Paun, associate director with the office more

01.11.2015

Office space transactions in the capital city, Bucharest, and in the main Romanian cities totaled 345,730 square meters in 2014, up 9.9% from 314,527 square meters a year earlier, according to Esop more