04.16.2013

Total rentals on the Romanian industrial market reached 83,000 square meters in the first quarter of the year, 60% of total transactions in 2012, according to real estate consulting firm CBRE Romania. 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

04.11.2013

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

03.28.2013

Charles de Gaulle Plaza in Bucharest, a landmark among the business centers in Romania’s capital city, has found new tenants fast after UniCredit Tiriac and Raiffeisen Bank moved out. The two left more

03.27.2013

Oil companies OMV Petrom (SNP.RO) and Expert Petroleum have rented a 750-square meter office space in City Business Centre (CBC) Timisoara, western Romania. more

03.21.2013

Insurer Generali, antivirus software vendor BitDefender and the importer of the Mercedes Benz cars are among the companies to have sealed the most important office space deals in the first months of more

03.13.2013

The year may have started with rental deals for 1,000 to 4,000 square meters of office space, but several developers feel they have got the right solution to the current market and are willing to more

12.12.2012

The stock of modern industrial and logistic space in Romania will not see a significant increase in 2013, a situation similar to that registered this year, according to market research company DTZ. more

11.29.2012

Austria’s CA Immo, which owns four office complexes in Bucharest with a lettable area of 104,000 square meters, has kept its buildings 99% occupied after renegotiating and extending contracts with more

11.12.2012

Total rentals on the Romanian industrial market reached 75.000 square meters in the first nine months of 2012, down about 40% on the year, real estate consulting firm Jones Lang LaSalle (JLL) said in more

11.12.2012

Developers completed in Bucharest office projects totaling 44,000 square meters in the first nine months of 2012, down 14.4% on the year, while rentals fell 21% to 140,000 square meters, according to more

11.07.2012

The average vacancy rate of office spaces in Bucharest remained stable at 17.5% in the third quarter of 2012, while there are significant vacancy rate differences among neighborhoods, real estate more

08.27.2012

Shopping center operator Cocor Bucuresti (COCR.RO) sold in August a 196-square meter retail space in Bucharest for about EUR3.98 million, or EUR20,348/sqm, a record price on the Romanian retail more

08.06.2012

The surface of industrial space rented in the first half of the year decreased by 40% compared with the similar interval a year ago, to about 34,000 square meters, of which 60% was rented in the more

05.31.2012

With more than 200,000 square meters of empty office space in an economy that is not completely free of recession and low foreign direct investment (merely EUR2 billion a year), developers continue to more

03.29.2012

The overall surface of industrial space rented in Romania could grow by 15%-20% this year, from 150,000 square meters in 2011, according to realty advisors Cushman&Wakefield Romania. 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

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

01.20.2012

Romania will contribute about EUR7.4 million this year to the budget of the European Space Agency (ESA), as the Romanian Space Agency (ROSA) has become an ESA member. more

01.18.2012

GOLIAT, the first Romanian microsatellite put in orbit through a program of the Romanian Space Agency, will be launched by the European Space Agency on February 9, from a base in French Guyana. 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

08.25.2011

Industrial space rental volumes reached 164,700 sqm in the first half of the year in Romania, the highest level since 2007, with Bucharest being the most attractive city for investors, according to a more

07.18.2011

Industrial space rentals in Bucharest cumulated 48,100 square meters in the first year-half, similar to the figure in the same period of 2010, but the vacancy rate reached an 18-month low because 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

06.28.2011

Nano Space Labs, set up with the help of retired Romanian astronaut Dumitru Prunariu, and American company NanoRacks signed Tuesday a partnership enabling Romanian private research entities to carry more