02.21.2014

Bucharest fell by three positions, to 45, in the top of the world’s 67 most expensive office markets, although rents in the central zone rose slightly in 2013, according to real estate consultant more

02.21.2014

Seven real estate groups, three of which are Romanian-held, in 2013 generated revenue of almost EUR315 million from operating the malls or office buildings they own, up 12.3% year-on-year, according more

02.19.2014

Romanian company Centrofarm, which operates a pharmacy chain with the same name, has started to develop a ten-storey office building in downtown Bucharest, close to the University Square, on a plot of more

02.18.2014

Expansions and new entries had an annual average weight of 30% in the overall office space demand in capital city Bucharest over the last four years, according to real estate consultancy firm more

02.18.2014

Office furniture importer Corporate Office Solutions (COS) posted EUR16.2 million revenue in 2013, up 21% on the previous year and better than expected. more

02.12.2014

The central-western part of Romania’s capital city Bucharest has the highest potential for office developments, due to good infrastructure, low office stock and low vacancy rate, real estate more

02.11.2014

Office space transactions outside Romania’s capital city Bucharest stood at 23,128 square meters in 2013, over four times more than in 2012, according to data by Esop Consulting I CORFAC more

02.10.2014

Swedish-held Skanska construction and real estate development group will step up investment in Romania as of this spring, when it begins work on the second building of the Green Court office space more

02.06.2014

Transactions involving office spaces in Romania's capital city Bucharest exceeded 300,000 square meters in 2013, the highest volume reported in the last six years, with one third of the transactions more

01.31.2014

Five business centers in Bucharest attracted 20 new tenants that rented almost 53,000 square meters last year, enough to accommodate more than 5,000 employees. more

01.30.2014

The total volume of transactions with office spaces exceeding 5,000 square meters rose 28% in 2013, compared with a 3% hike in 2012 and a 9% increase in 2011, according to the data provided by more

01.29.2014

Real estate consulting firm CBRE Romania signed lease contracts worth over EUR275 million for 300,000 square meters of office space between 2008 and 2013, according to company data released Wednesday. more

01.23.2014

Charles de Gaulle Plaza (CDG), the office building overlooking the main entrance to the Herastrau Park in northern Bucharest, was sold between two funds managed by GLL Real Estate Partners for almost more

01.17.2014

Bucharest went beyond the mark of two million square meters of offices last year, and brokers say the market fared better, with rentals of around 280,000 square meters. However, not all owners have more

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