01.05.2022

The year 2022 will bring only 138,000 square meters of office space to Bucharest’s office space market, almost half the volumes of 2021, as developers slowed down due to the pandemic. more

12.21.2021

Israel’s Econergy, one of the leading green energy investors in Romania, has leased spaces within the Metropolis Center in capital Bucharest for its head office in Romania. more

12.07.2021

Prime Kapital, an integrated real estate developer, investor and operator, has signed a contract with Globalworth, the largest office space owner in Romania and Poland, for the office space expansion more

11.17.2021

Belgium-held real estate developer Speedwell, which built Record Park mixed project of Cluj and Triama housing project of Bucharest, wants to enter the industrial space market and develop platforms in more

11.10.2021

New office project deliveries in capital Bucharest totaled 132,200 square meters between July and September 2021, the highest quarterly value ever recorded on the local market. In Jan-Sept 2021, the more

11.09.2021

Medical sector now accounts for 23% of the total new leases in office buildings, an increase of 3% on 2019 and 10% on 2020, ESOP Consulting data show. more

10.07.2021

Business software producer EPAM Systems has leased 1,100 square meters of office space in Bucharest’s Crystal Tower project, based on a contract concluded with PPF Real Estate, a Czech developer and more

10.01.2021

CTP, the largest developer and manager of Class A logistics and industrial space in Romania, with a portfolio of approximately 1,850,000 square meters, has acquired an additional 153,000 sqm of more

09.10.2021

CTP, the largest developer and manager of Class A logistics and industrial space in Romania, with over 1,850.000 square meters of lettable area, has acquired approximately 112,000 sqm of industrial more

09.09.2021

Co-working space V7 Studio, opened by entrepreneurs Andrei Cretu and Iulian Carciumaru, back in October 2018, in capital Bucharest, was acquired by two former residents and relocated to a building more

09.03.2021

The retail market recorded limited deliveries in the first half of 2021, as many projects were postponed during the pandemic and the price of construction materials rose a lot. About 60% of the more

08.23.2021

Activity on the office space market remained relatively weak in the first half of 2021, with feeble signs of recovery to pre-pandemic levels, considering that companies do not yet have a clear picture more

08.20.2021

Courier services company Sameday, majority held by online retailer eMAG, has leased a 3,600-square meter space in the Urbano Cluj Vest industrial park developed by entrepreneurs Mircea Ilea, Alexandru more

08.10.2021

Modern industrial space stock has exceeded 5.4 million square meters after almost 200,000 square meters of new class A industrial space was added in the first half. more

07.15.2021

US clinical research firm PPD has extended by five more years the lease contract for office space within Bucharest’s business park West Gate Business District, held by Genesis Property. more

06.24.2021

Ford Europe wants to bring a services center to Bucharest and is looking to rent 5,000 square meters of office space at first and add more as needed, real estate market data show. more

06.10.2021

Four of the eight projects developed by the Iulius Group of businessman Iulian Dascalu posed losses in 2020, while the other four saw their profits shrink year-on-year in 2020, the data the developer more

06.09.2021

The modern industrial space stock in Romania exceeded the 5 million square-meter threshold in 2020 and is expected to reach approximately 5.5 million sqm in 2021, with over 60% of the surface area more

06.02.2021

The One Tower office building, developed by One United Properties in Bucharest’s Floreasca area, will also have an “office hospitality”-type center, the first of its kind on the Romanian market. more

05.31.2021

Five transactions with logistics centers were concluded in Romania in the first quarter of 2021, four of which had CTP as buyer, the largest developer and administrator of industrial and logistics more

05.17.2021

Corteva (CTVA), leader on the seeds and agricultural plants protection market, which operates in Romania, has signed a pre-lease contract for an area of 23,000 square meters of industrial space in a more

04.12.2021

Counsel Group Frankfurt (CGF), specialized in providing software services and solutions, which owns offices in the cities of Bucharest and Iasi, continues its local expansion and is about to invest more

03.25.2021

The modern industrial space stock exceeded the threshold of 5 million square meters in 2020 and is expected to reach approximately 5.5 million sqm in 2021, with over 60% of the area under construction 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

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