09.03.2013

Japanese company Sharp will open an office in Romania by the end of September and targets a 5% share on the local electronics market and sales of EUR8-EUR10 million in the medium term, said Jacek more

08.30.2013

Skanska invests EUR80 million in its first real estate project in Bucharest – office complex Green Court, and plans to develop several similar projects in the Romanian capital, Johan Karlstrom, the more

08.30.2013

Deutsche Telekom, which owns telephony operators Romtelecom and Cosmote via Greece’s OTE, is looking for some 1,600 to 2,000 square meters of office space in Bucharest, where it could develop a more

08.29.2013

The Romanian unit of Austria’s Volksbank bought for EUR2.5 million an unfinished 5,000-sqm office tower in Bucharest from an insolvent firm, which had borrowed about EUR5 million from the bank to more

08.29.2013

The Romanian subsidiary of U.S. company Honeywell has rented 20% in the biggest office building in Bucharest, UpGround BOC, which means it now has enough space to recruit 300 more people for its more

08.27.2013

Firm Integral Invest has recently started the construction of a nine-story office tower in northern Bucharest. more

08.01.2013

Office projects to be completed in Bucharest in 2014 will include only 48,700 square meters, a record low since 2000, according to estimations by real estate consulting firm CBRE. more

07.26.2013

Deutsche Bank, a former contender in the 2005 privatization race for Romania’s largest bank BCR, has been looking for office space in Bucharest for several months now. The group intends to open a more

07.24.2013

Austrian company Alpine Bau will no longer build 16 km of highway, 50 km of railway and an office building in Romania, as it filed for bankruptcy in Austria. more

07.23.2013

Office space rentals in Bucharest totaled 125,000 square meters in the first half of 2013, up 12% on the year, and new rental contracts made up less than one quarter, according to real estate service more

07.18.2013

Real estate consulting firm CBRE Romania brokered nine office space transactions (18,000 square meters) in the first half of the year, and most of the contracts were renegotiated or extended, which more

07.16.2013

Chocolate and sweets manufacturer Ferrero Romania has rented out 1,200 square meters of office space in office building City Gate in capital city Bucharest, according to realty consulting firm BNP more

07.09.2013

Chinese IT&C equipment producer Huawei has rented three floors (2,500 square meters) in office building Tower Center in Bucharest, where it is relocating its operations. more

07.08.2013

Demand for office space by midcap companies in Romania increased by 9% on the year in the first half of 2013, considering that the number of midcap firms in search of office spaces rose by 21% in the more

06.25.2013

Average office space rents in Bucharest range between EUR7.69/square meter per month and almost EUE13/sqm/month, and the cheapest offers are available in the eastern parts of the capital, according to more

06.05.2013

The prices of office buildings put up for sale in Bucharest range between EUR1,100 per square meter and EUR3,800/sqm, while in other large cities across Romania they vary between EUR400/sqm and more

06.04.2013

South-African investment fund New Europe Property Investments (NEPI.RO) will invest some EUR15 million to rehabilitate a historical villa near the Government headquarters and develop a 6,500-square more

05.29.2013

Czech group S Group Holding expects it will rent 70%-80% of office tower Green Gate in Bucharest before the project is completed. more

05.24.2013

Greek businessman Gkotsis Anastasios, who developed office tower Polona 68 in Bucharest, will invest about EUR7 million in a new office building in the Romanian capital. more

05.10.2013

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, plans to open an office in Kurdistan region, Iraq, the company said in a report Friday. more

04.29.2013

Greek investment fund Global Finance said Monday it has renewed several rental contracts for Global City Business Park and wants to increase occupancy rate from 50% currently to 60% by the end of the more

04.16.2013

Office space demand in Cluj-Napoca, northwestern Romania, exceeds the offer, which caused many investors to renounce expansion plans in the city, Romanian businessman Ovidiu Sandor said Tuesday. more

04.15.2013

Romania’s state-owned postal service operator Posta Romana will lower its staff numbers and employees’ wages, following a slump in activity both domestically and internationally, the company said more

04.11.2013

Office space rentals in Bucharest totaled about 60,000 square meters in the first quarter of 2013, up 20% on the year, according to firm The Advisers/Knight Frank, which brokered one third of the more

04.03.2013

Demand for office space by midcap companies in Romania increased by around 30% on the year in the first quarter of 2013, to 168,670 square meters and the bulk of demands targeted spaces that can be more