05.14.2012

More than a quarter of office spaces in Bucharest due to be finished this year might register delivery delays because of pending legal issues or lack of leasing activity, realty services firm Jones more

05.14.2012

South-African real estate investment fund New Europe Property Investments (NEP.RO) will pay a total of EUR81 million for office park City Business Centre in Romanian western city of Timisoara, more

04.24.2012

Office rents in central Bucharest increased slightly in the first quarter, for the first time since the start of the crisis on the real estate market, over low supply and higher demand, according to more

04.17.2012

The structure of Romania’s tallest building, the Sky Tower on Bucharest’s Calea Floreasca (center to north of the city) should be completed by July, as work on the office building is currently more

03.15.2012

The year 2011 was difficult for the owners of real estate on the local market, as only the companies that expanded their portfolio saw rental revenue go up, a ZF analysis shows. more

03.13.2012

Sibiu is Romania’s cheapest city in terms of office rental, averaging EUR9-11 per square meter, compared to EUR19.5/sqm in Bucharest, according to a six-city study by realty advisors CB Richard more

03.08.2012

SAP Romania is looking to hire over 150 IT consultants this year in Timisoara and Cluj, in a recruiting program in close cooperation with Romania’s leading universities. more

02.16.2012

Romanian constructor Bog’Art, owned by businessman Raul Doicescu, has over the years built some of the top office projects in Bucharest and plans to take on building wind farms and enter the African more

02.01.2012

The scarce offer of large office spaces in Bucharest will likely prompt companies to pre-rent 40% of the total surface to be delivered in the next couple of years, property consultancy firm Colliers more

01.25.2012

Grand Hotel du Boulevard, one of the oldest hotels in Bucharest, which has functioned under this name since 1877, could be turned into an office building. more

01.23.2012

The past ten years have seen the construction of 50 large business centers and of office buildings covering 10,000 square meters each, where over 100,000 employees of the largest banks and more

01.18.2012

Real estate developer Plaza Centers, which signed a partnership with the Development Ministry to build a project on the site of the Casa Radio (Radio House) in 2006, could resume work on the project more

12.29.2011

Romanian state-owned post office CNPR will hold an auction in February for a three-year credit line worth 100 million lei (EUR23.3 million) to finance working capital needs. more

12.08.2011

Businessmen Emil and Daniel Tanasoiu, known on the real estate market especially for developing and selling business park S-Park in northern Bucharest, will develop a new office building in more

11.23.2011

Developers will complete office buildings in Bucharest with a total surface of 25,000 square meters in the final three months of the year, half of the surface launched in the third quarter, realty more

11.11.2011

The owners of Swan offices in Pipera (northern Bucharest) invested EUR50 million in the project despite the ongoing crisis, which is only 15% occupied almost one year after completion. more

11.01.2011

The mild autumn has been really helpful to the developers and the builder of the tallest office tower in Bucharest, Sky Tower, close to the Aurel Vlaicu subway station in the northern part of the more

10.12.2011

Bucharest ranked 27 in a Cushman&Wakefield survey on the cost and availability of office space 36 European locations, up from last year's ranking, following improvements in the city infrastructure. more

09.12.2011

German wind turbine manufacturer Nordex on Monday said it will open an office in Romania, to seize the opportunities of the rising local market, after having received two orders. more

08.17.2011

The pre-let office areas in Bucharest rose 118% year-on-year in the second quarter, after a long interval with no contracts, according to a study published Wednesday by realty consultants CB Richard more

08.17.2011

After starting the year on the rise, the Romanian durable consumer goods market continued to grow into the second quarter, by 12.4% against the similar period of 2010, to EUR306 million. The IT sector more

07.28.2011

IBM Romania, the local subsidiary of world’s largest IT service provider, has opened an office in the Maestro Business Center building in Cluj and rented one more floor and a half in Global Business more

07.26.2011

A number of very low-profile Romanian businessmen, such as Dragos Dobrescu, Remus Capota and Radu Dimofte, have started once again to build office buildings in Bucharest, smaller buildings, but more

07.13.2011

Developers delivered ten times less office space in Bucharest in the first half of this year, compared to the same period of 2010, namely 12,950 square meters, which could mean rents would go higher more

06.21.2011

The first building of the AFI Business Park Cotroceni office project will be delivered by developer AFI Europe in summer next year, according to property consultants The Advisers/Knight Frank, more