05.26.2015

The office segment is the driver of the real estate market in Romania, with record growth, as 33% of all demand in the first quarter was new demand, not relocation, Mihai Paduroiu, head of office at more

05.06.2015

Bucharest’s modern office stock increased by 2% on the year and stands at 2.2 million square meters in the first quarter, according to real estate consulting firm DTZ Echinox. more

04.23.2015

Bucharest has the smallest office space stock among the major capital cities of Central and Eastern Europe, of just 2.2 million square meters, half the level of Warsaw, according to a survey by real more

04.14.2015

Companies leased office spaces totaling nearly 85,000 square meters in the first quarter, up 15% on the year, out of which 75% in the capital city, Bucharest, according to real estate consultancy firm more

03.23.2015

Austria’s Strabag, which has become the biggest player on Romania’s construction market, will raise the first two buildings of office project Oregon Park of northern Bucharest, an investment more

03.08.2015

Developers announce office projects at a fast rate, mostly speculating, but demand in Bucharest will likely remain constant in the following years, therefore the vacancy rate will rise again next year more

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

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