08.14.2015

The year 2015 appears to be the most productive after 2011 in terms of new office space deliveries, with about 154,000 square meters (enough to accommodate 15,000 people) set to open by the end of the more

07.10.2015

The central-western part of Bucharest, which includes the Orhideelor area, the Basarab Overpass and the areas around the Grozavesti, Petrache Poenaru and Politehnica subway stations, is shaping up more

07.08.2015

Sky Tower, the tallest building in the country, will be fully rented by the end of the year, says Ruxandra Grinzeanu, managing director of Raiffeisen Property Romania, the owner of the building. more

07.07.2015

Cluj-Napoca (NW Romania), one of the major cities of Romania other than Bucharest, will see its office space stock reach 229,000 square meters this year, an increase of 23% on 2014. more

06.16.2015

Nearly 96,000 square meters of office space will be delivered in Romania’s cities of Cluj-Napoca, Timisoara, Iasi and Brasov throughout 2015 and the demand will reach some 80,000 sqm, Mihaela more

06.11.2015

The ten most important office space transactions in Bucharest in the first four months of the year amounted to about 48,500 square meters and most were relocations and lease renegotiations and more

04.14.2015

Companies leased office spaces totaling nearly 85,000 square meters in the first quarter, up 15% on the year, out of which 75% in the capital city, Bucharest, according to real estate consultancy firm more

03.13.2015

The ten largest owners of retail spaces in Romania hold together about 1.8 million square meters of malls, retail parks and shopping galleries, which can be valued at about EUR3 billion, according to more

03.05.2015

Office space transactions outside Romania’s capital city Bucharest stood at 37,377 square meters in 2014, up 60% on the year and over sevenfold higher compared with 2012, while tenants mainly more

02.27.2015

The vacancy rate of the office buildings in Bucharest dropped towards 13% to 14% last year, but about 300,000 square meters are still empty, which translates into some EUR100,000 per day or EUR35 more

02.13.2015

Timisoara has the largest area of industrial spaces under development, 65,300 square meters in two projects to be delivered in the first half of the year, while Bucharest has no such involvements more

01.12.2015

The office space stock in Bucharest will increase this year by about 100,000 square meters like it did in 2014, while demand is double the supply, Andreea Paun, associate director with the office more

01.11.2015

Office space transactions in the capital city, Bucharest, and in the main Romanian cities totaled 345,730 square meters in 2014, up 9.9% from 314,527 square meters a year earlier, according to Esop more

01.09.2015

Ten office projects in Bucharest either completed or under development attracted 50 new tenants that rented 138,400 square meters together. more

01.08.2015

Commercial space demand will continue to grow in 2015 in shopping centers, retail parks and shopping malls, as fashion retailers such as LPP, Debenhams, Marks & Spencer, Pepco and CCC announced more

12.04.2014

Austria’s Immofinanz, the largest office space owner in Romania with more than 200,000 square meters, has chosen a builder and will begin expansion of the IRIDE business park in Pipera, northern more

12.02.2014

David Hay, the manager put in charge of the Romanian operations of Israeli group AFI Europe almost four years ago, is getting ready for the delivery of the third AFI Park office building and is more

12.01.2014

Real estate company Vastint, part of the Inter IKEA group of Swedish billionaire Ingvar Kamprad, is in the process of choosing the builder for its project on the former Timpuri Noi plant site in more

11.27.2014

Austria’s CA Immo, which sold EUR130-140 million worth of properties this year in Romania, plans to start works on an office project in Orhideea area next spring, a EUR70 million investment more

11.25.2014

More than 500.000 square meters of office space in Romania’s capital Bucharest currently are in various stages of planning, accounting for nearly 25% of the current office stock, according to DTZ more

11.13.2014

Uniqa Real Estate Management, the company that manages the real estate portfolio of Austrian insurance group Uniqa, is trying to reposition the Floreasca Tower office building in northern Bucharest, more

11.04.2014

Renault Technology Roumanie (RTR), Vodafone and Orange rented the biggest office spaces in Bucharest in the first nine months of the year, on a market where developers continue to deliver new more

11.03.2014

The volume of office space transactions in the first nine months stood at nearly 240,000 square meters, up 14% compared with January-September 2013, while 20% of the contracts are pre-lease contracts, more

10.23.2014

The shopping center stock in Bucharest (malls, retail parks and shopping galleries) will reach one million square meter lettable area next year, sixteen years after the opening of the city’s first more

10.17.2014

Greek businessman Gkotsis Anastasios will complete a new office space development, Ethos House, on Calea Floreasca (which connects central to northern Bucharest) next month. more