01.09.2014

Lease transactions involving office spaces in Romania's capital city Bucharest reached nearly 300,000 square meters in 2013, up 22% on the year, according to data by consulting firm Esop Consulting. more

01.08.2014

Procter&Gamble has extended its leased office space to 6,000 square meters in Iride Business Park, held by Austria's Immofinanz, in northern Bucharest. more

01.07.2014

The three largest office projects to be delivered this year in Bucharest are built in the southern half of the city, which developers have shunned so far in favor of the central and northern areas, more

12.28.2013

The year 2013 witnessed insolvencies, several deals and the opening of new construction materials plants and malls. more

12.27.2013

Greek businessman Ioannis Papalekas, one of the most active real estate investors and developers in Romania, has obtained all permits needed to develop an office building in Bucharest. more

12.16.2013

IT&C company Cloud Research Studio (CRS) rented an entire office building of 1,300 square meter sin central-northern Bucharest, a deal brokered by ESOP Consulting. more

12.10.2013

Office space transactions in Bucharest will exceed 250.000 square meters in 2013, up 10% from 2012, and the most active companies operate in the sectors of outsourcing, pharma and IT, according to a more

12.03.2013

Approximately 70% of office spaces in Pipera area (northern Bucharest) is leased by large corporations, according to a recent analysis by Global City Business Park, one of the major office projects in more

12.03.2013

Companies renting office space can save up to 30% on costs by re-examining the amount of space allocated to each employee, as wityh the evolution of technologies there are companies where fewer more

12.02.2013

Cluj and Timisoara (western Romania) are the only two cities in Romania that still have more than 300,000 inhabitants, according to the 2011 population census, whereas the cities of Iasi, Constanta more

11.29.2013

Fribourg Development, the real estate division of investment fund Fribourg Capital, has completed the first phase of Liberty Technology Park in Cluj, following an investment worth over EUR7 million. more

11.20.2013

Modern office space stock in Romania is estimated at 2.58 million square meters and the vacancy rate stands at 14.2%, or 370,000 sqm, according to real estate consulting firm CBRE Romania. more

11.04.2013

The best news for the office space market in Bucharest came from Deutsche Bank, Honeywell, Vodafone and TeamNet, which rented new space in view of expansion and hiring 200-300 people each. more

10.23.2013

Office space transactions outside Bucharest stood at 14,150 square meters in the first nine months of 2013, up nearly three times from the same period in 2012, according to an analysis by Esop more

10.16.2013

Austrian company Raiffeisen evolution is considering buying more land in Bucharest to develop medium-sized office buildings. more

10.16.2013

The opening of the Promenada mall in northern Bucharest scheduled for Thursday marks the completion of a EUR300 million investment in the Floreasca City development, one of the largest in Bucharest in more

10.15.2013

Centric IT Solutions Romania, the local division of Dutch software solutions provider Centric IT Solutions, has extended by another 1,200 square meters the office space rented out in United Business more

10.15.2013

The first phase of Cluj-based office complex The Office, developed by South-African investment fund New Europe Property Investments (NEPI) in partnership with Romanian businessman Ovidiu Sandor, is more

10.14.2013

IT software developer Siveco Romania on Monday said it opened an office in Turkey’s capital city of Ankara, as a result of intensified commercial activities in the country. more

10.09.2013

Office space transactions in Bucharest stood at nearly 210,000 square meters in the first nine months of the year, up 25% from the same period in 2012, as activity picked up in the third quarter. more

10.02.2013

Companies risk losing 10% to 30% of their employees when they choose to relocate if they only consider cost-efficiency and disregard employees’ needs such as accessible transport and commute time, more

09.30.2013

Office space demand by midcap companies in Romania rose 14% in the first nine months of 2013, and 54% of them are disposed to pay monthly rent of up to EUR11/square meter, according to real estate more

09.27.2013

Greek businessman Ioannis Papalekas, one of the most active real estate investors and developers in Romania, has reached an agreement with a European financial institution to get financing for the more

09.10.2013

Office building Nord City Tower in Bucharest’s Pipera area has reached an occupancy rate of 50% after welcoming Homeycomb as its newest tenant, real estate consulting firm DTZ Echinox said in a more

09.10.2013

Romania’s capital city Bucharest ranks fourth in Europe, after Istanbul, Kiev and Warsaw, by new office space supply expected between 2013 and 2014, according to a survey by real estate consulting more