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

02.24.2015

US group Oracle, one of the biggest players on Romania’s IT market, rented 10,400 square meters in Sky Tower of northern Bucharest, a space where offices for around 1,000 employees can be fitted, more

02.23.2015

Vastint Romania, the real estate arm of Inter IKEA, has started work on office buildings on the former site of the Timpuri Noi plant and is looking at other potential acquisition targets as land price more

02.16.2015

Austrian group Immofinanz has signed new leases and extended existing leases for a total of 11,000 square meters of office space in Iride Business Park in northern Bucharest. more

02.09.2015

Mihai Toader, a former general manager of state owned postal operator Posta Romana, has been sentenced to ten years and six months in prison for abuse of office, alongside other former company more

02.06.2015

The field of office furniture has very good prospects this year and in 2016 owing to companies mainly developing outside Bucharest, says Christopher Weller, managing partner of office furniture more

02.04.2015

Primavera Development, a company controlled by Tanasoiu family and Dutch-born Eelko Kortaweg, will start developing its first housing project this year, in northern Bucharest. It also plans to open more

01.19.2015

Nearly 80% of offices leased in Bucharest last year were located in the center-north and northern parts of the city, and businesses could switch focus to the center-west area in 2015 and 2016, more

01.13.2015

Real estate developer AFI Europe Romania has completed the third of the five office buildings to be constructed within the AFI Park compound in the vicinity of Bucharest-based shopping mall AFI Palace 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

12.23.2014

Tiriac Imobiliare, the real estate unit of businessman Ion Tiriac, is set to invest EUR30 million in an office building in Buzesti street, near Bucharest’s Victoriei Square. more

12.10.2014

Germany’s Bosch on Wednesday said it will open a new office in Cluj-Napoca (northwestern Romania), at the beginning of 2015, where it will develop software solutions for new products. 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

12.03.2014

Romania's capital Bucharest will see the second largest growth in office stock in Europe in 2014-2016, when 420,000 square meters are to be delivered, accounting for 20% of its existing office stock, more

12.03.2014

Swedish communications industry group Ericsson, which is currently employing about 3,000 people in Romania, continues expansion and rented an additional 5,000 square meters in Bucharest. 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

11.26.2014

The first phase of office compound The Office in Cluj-Napoca (northwestern Romania), developed by South-African investment fund New Europe Property Investment (NEPI) and businessman Ovidiu Sandor, more

11.26.2014

Real estate company GTC, which developed in Bucharest projects such as America House of Piata Victoriei or City Gate towers of Piata Presei, considers acquiring three office buildings in Bucharest, 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

11.25.2014

Romanian businessman Dragos Bilteanu, who has become one of the biggest investors in the regional investment funds (SIFs) over the last few years, has sold to South Africa’s NEPI (NEP.RO) the 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