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

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

12.04.2014

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

10.17.2014

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

10.16.2014

Renault Technologie Roumanie (RTR), the engineering center of French carmaker Renault, will remain in the North Gate office building in Bucharest for another four years. more

10.13.2014

Rent rates for office space in central, western and Floreasca areas in Romania’s capital Bucharest will remain the most expensive in the upcoming years, after being constant over the last years, more

10.07.2014

Businessman Gheorghe Iaciu, who bought Moldova Mall shopping center in downtown Iasi (NE Romania) from East Balkan Properties early this year, will begin works this week to convert it into offices. more

10.01.2014

Bucharest has 150,000 square meters of office space available in villas, while in the first nine months, the stock of spaces whose rent price was between EUR11-15/sqm/month registered an increase, more

08.26.2014

The largest bank in Romania, Austria’s Erste-owned BCR, is looking for up to 15,000 square meters of office space to relocate some of its operations in Bucharest. more

08.14.2014

Swedish-held Skanska group, the developer of the Green Court office building complex in Barbu Vacarescu area in northern Bucharest, has started talks with investors for a potential sale of the first more

07.14.2014

Medium-sized companies in Romania leased some 35,000 square meters of office space in the first half of 2014, up 10% from roughly 31,000 sqm in the year-earlier period, and firms in the sectors of more

07.11.2014

The 20 largest office space rental deals in Bucharest in the first half of the year were signed for about 74,000 square meters, or 3.5% of the 2.1 million square meter stock in the city, according to more

07.07.2014

U.S. group Kellogg's, one of the world's largest food industry groups, rented 2,500 square meters in the Floreasca Park office compound in Bucharest, developed by Portland Trust, where it will open a more

06.30.2014

Investors completed office buildings with a 92,000 square meter lettable area in Bucharest in the first half, but about half of the space has not found tenants yet, ZF has found from market data. more

06.16.2014

Environmental consulting company Ramboll Romania has expanded the office space occupied in Bucharest-based Phoenicia Business Center by 800 square meters to 1,300 sqm. more