04.28.2023

The first quarter of 2023 was among the slowest in the post-pandemic period in terms of demand for office space, reflecting uncertainty triggered by economic perspectives, according to Colliers. more

04.11.2023

The Bucharest office space rental market was dominated by companies in the IT&C sector in the first quarter of 2023, accounting for 19% of the newly leased area, as per an analysis by real estate more

04.07.2023

Energy drinks producer HELL Energy has inaugurated the new warehouse and head office in the town of Ungheni (Mures County), following an investment of EUR18 million started in 2022. more

04.06.2023

Real estate developer Globalworth, the largest office space investor in Central and Eastern Europe and the leader of the office space market in Romania, has signed a lease contract with RetuRO Sistem more

04.03.2023

Real estate developer One United Properties (ONE.RO), has announced an agreement to sell its stake in One Herastrau Office S.A. to a private investor. more

03.30.2023

The average office fit-out costs increased by 20-30% in 2022 amid rising prices, supply chain disruptions, higher commodity and material costs and increased labor costs; therefore, companies paid on more

02.27.2023

Globalworth, the largest office market investor in Central and Eastern Europe (CEE), said it signed a lease contract for a period of over seven years with Rödl & Partner Romania, an international more

02.22.2023

Developers have announced the construction of more than 275,000 square meters of new office projects in major regional centers of Romania, Cluj-Napoca, Timisoara, Iasi and Brasov, so that the modern more

02.15.2023

Expleo, a French global engineering, technology and consulting company, has leased 3,000 square meters in the Palas Campus Iasi office complex, the newest urban regeneration project developed by more

02.15.2023

The post-pandemic flexible office space segment has been on an upward trend and some of the established locations in capital Bucharest have recorded occupancy rates of 85% to 90% in 2022, as per the more

02.10.2023

German-held Hays Technology Solutions, specialized in tech solutions developments, has opened its second office in Romania: a research-development center in Timisoara, where it plans to hire over 70 more

02.08.2023

2022 was a pretty good year for the Bucharest office market in terms of demand, given the generally difficult economic climate, with demand being comparable to the good times before the pandemic, more

02.03.2023

PEDRO Construct, the company controlled by businessman Petre Niculae, has invested EUR18 million in the Politehnica Business Tower office building. more

02.01.2023

Approximately 500,000 square meters of office spaces are unoccupied in capital city Bucharest, reflecting a vacancy rate of 15.2%, and the highest availability is reported in the Pipera North, more

01.31.2023

Egis, the French engineering multinational Group, signed a lease agreement for 1,100 square meters of office space within the America House office building in Bucharest, held by U.S. investor Morgan more

01.25.2023

The office space market in capital city Bucharest went through a period of stagnation in 2022 and the demand for space stayed at the same level as in 2021, while deliveries of new space halved more

01.25.2023

2022 was the year in which employees started to return to the office again, after two years when the remote work was the rule rather than the exception, and the trend is set to be kept. more

01.18.2023

Companies leased a total of 332,922 square meters of office space last year, which includes new office space leases and contract renegotiations. Demand for new office space is up 13% in 2022 compared more

01.16.2023

America House, the Iconic Class A office building, located in the heart of Bucharest CBD, is the first – Class A office building in Bucharest to obtain an OUTSTANDING rating according to BREEAM more

01.12.2023

Five office buildings with a total area of 94,000 square meters will be delivered in 2023 based on authorizations obtained until 2020. The market will near 3.5 million square meters in Bucharest in more

12.13.2022

Beyond the increasing of uncertainty, the conflict in Ukraine did not have visible effects on the local office market, but its aftermath – particularly the higher inflation and the rising cost of more

11.23.2022

In 2023, more than 20,000 medium-sized taxpayers in Romania must submit Declaration 406 (SAF-T – Standard Audit File for Tax), but 90% of them are not yet ready to transfer the necessary data to the more

11.22.2022

Paval Holding (owner of DIY retailer Dedeman) has signed the agreement to buy CA Immo’s office space portfolio in Romania, marking a record for a Romanian investor. more

11.16.2022

The Bucharest office of CEE / SEE law firm Wolf Theiss has announced that Adina Aurel and Mihai Coada were promoted to Counsel position within the Wolf Theiss team in Bucharest. more

11.16.2022

NEPI Rockcastle, a leading investor and developer of commercial property in Central and Eastern Europe and the largest shopping mall owner in Romania, has opened flexible office spaces in five more