03.15.2021

Office buildings, industrial parks and shopping centers worth EUR600 million could be subject to deals in Romania in the next six months, as the COVID-19 vaccination campaign has a positive impact on more

03.12.2021

The total demand for office space in capital Bucharest plunged nearly 40% on the year in 2020, down to 214,000 square meters, the lowest level since 2012, and the new demand reached approximately more

03.11.2021

PPF Real Estate, a developer and real estate assets investor held by Czech billionaire Petr Kellner, seeks again to buy office or even industrial buildings in Romania. more

02.25.2021

Demand for office spaces in Bucharest will increase by 20-30% this year, as a significant part of the major tenants are actively evaluating options for space optimization, real estate consultancy more

02.25.2021

US insurer MassMutual has rented 1,700 square meters of class A office space, occupying the second floor of Record Park building in Cluj-Napoca, developed by Belgium’s Speedwell. more

02.18.2021

TDCX, a leading provider of business process outsourcing (BPO) services based in Singapore, is opening in Bucharest its first office in Central and Eastern Europe and the second in Europe, after more

02.17.2021

Around one third of real estate specialists expect prices of houses and lands to grow by up to 10% in 2021, while prices for retail and office spaces are expected to decline, according to an analysis more

02.17.2021

The structure of office building tenants has changed over the last months, with the e-commerce sector increasing as share and the IT&C sector stepping back after seeing record leases in 2019, per a more

02.15.2021

Nine office space projects, with at least 9,000 square meters each, will be delivered in 2021, real estate consultants say. The largest building to be delivered this year will be the first phase of more

02.09.2021

PPF Real Estate, a developer and investor with real estate assets of over EUR2 billion globally, held by Czech billionaire Petr Kellner, signed six new lease contracts for office buildings Metropolis more

02.08.2021

Office space transactions in Bucharest marked a recovery in the fourth quarter of 2020, reaching 77,000 square meters, data from real estate consulting company Cushman & Wakefield Echinox showed more

02.08.2021

Around 240,000 square meters of office spaces were transacted in Bucharest in 2020, a similar level to 2015, as most companies postponed decisions and 60% of the total were relocations, real estate more

02.01.2021

The property management division of real estate consulting firm Colliers International manages a total portfolio of over half a million square meters of office and industrial space, of which 345,000 more

01.22.2021

Swedish developer Vastint that built the Business Garden Bucharest office buildings on Calea Plevnei in Bucharest and is working on the Timpuri Noi Square in the same city plans to start construction more

01.21.2021

Over a third of employees in Romania expect to go back to working in the office in 2021, alongside the entire work team. The office of the future offers more safety, more routine and a platform for more

01.12.2021

The office market in Romania contracted 36% in 2002 from a record level of 470,000 square meters registered in 2019, to just 300,000 sqm, real estate consultancy company JLL Romania said in a report more

01.07.2021

Real estate developer Iulius Group of businessman Iulian Dascalu expects the pandemic to have a sizeable effect on last year’s revenue but says it will go ahead with its development plans. more

12.29.2020

Office space remains the main attraction in real estate in Romania. The modern office space stock in the country has doubled from 1.5 million to almost 3 million square meters in the past decade, more

12.14.2020

Real estate consulting company CBRE has advised Austrian developer S IMMO on the transaction whereby it acquired Bucharest-based office buildings Campus 6.2 and Campus 6.3 developed by Swedish real more

12.10.2020

Real estate investors and office building tenants have kept in 2020 the trend of gradually expanding outside of capital city Bucharest too, with stocks in the four main regional cities currently more

12.09.2020

French real estate group Catinvest has completed a mixed-use building within the Electroputere Parc shopping center in the city of Craiova and opened the first Class A office building in Craiova; a more

12.03.2020

The occupancy costs of office spaces represent on average 3% to 4% of the turnover of service companies in Bucharest, and may fall even below 2% in some cases, according to an analysis by real estate more

12.03.2020

Real estate developer Portland Trust has leased 4,000 square meters on the ground floor of its J8 Office Park project in Bucharest. more

11.23.2020

Acronis, a global leader in cyber protection, is entering the Romanian market by opening a research and development (R&D) center within the Orhideea Towers office building developed by CA Immo in the more

11.23.2020

Banks operating in Romania had 3,879 branches and offices, while the number of employees went down to 52,757 in the first nine months, Romania’s central bank data show. more