06.26.2014

Sky Tower and Tower Center, Bucharest’s highest office towers, in 2013 generated total revenue worth just EUR2.4 million, though these projects should normally bring rent income worth around EUR12 more

05.01.2014

The construction of Sky Tower, a 36-floor and 137-meter high office building, was completed more than a year ago and just 35% of spaces have been filled so far. more

03.24.2014

Greek businessman Ioannis Papalekas, one of the most active real estate investors and developers in Romania, said he pre-leased 37.5% of the office tower he plans to build in Romania's capital city more

11.07.2013

Alpha Bank, one of the top ten banks in Romania by assets, bought a block of apartments in Bucharest, for EUR11.4 million plus VAT, according to the bulletin of insolvency procedures. The more

10.16.2013

Austrian company Raiffeisen evolution is considering buying more land in Bucharest to develop medium-sized office buildings. more

09.03.2013

Romanian car fair operator Autovit, controlled by South-African company Naspers, wants to auction off Decebal Tower, a luxury block of flats in Bucharest, and expects to get at least EUR12 million. more

08.30.2013

Deutsche Telekom, which owns telephony operators Romtelecom and Cosmote via Greece’s OTE, is looking for some 1,600 to 2,000 square meters of office space in Bucharest, where it could develop a more

08.29.2013

The Romanian unit of Austria’s Volksbank bought for EUR2.5 million an unfinished 5,000-sqm office tower in Bucharest from an insolvent firm, which had borrowed about EUR5 million from the bank to more

08.29.2013

The Romanian subsidiary of U.S. company Honeywell has rented 20% in the biggest office building in Bucharest, UpGround BOC, which means it now has enough space to recruit 300 more people for its more

08.27.2013

Firm Integral Invest has recently started the construction of a nine-story office tower in northern Bucharest. more

07.09.2013

Chinese IT&C equipment producer Huawei has rented three floors (2,500 square meters) in office building Tower Center in Bucharest, where it is relocating its operations. more

06.04.2013

South-African investment fund New Europe Property Investments (NEPI.RO) will invest some EUR15 million to rehabilitate a historical villa near the Government headquarters and develop a 6,500-square more

06.04.2013

Audit and advisory firm Ernst & Young and Belgian IT company Cegeka rented nine of the 22 floors of Bucharest’s Tower Center in Victoriei Square. more

05.29.2013

Czech group S Group Holding expects it will rent 70%-80% of office tower Green Gate in Bucharest before the project is completed. more

05.24.2013

Greek businessman Gkotsis Anastasios, who developed office tower Polona 68 in Bucharest, will invest about EUR7 million in a new office building in the Romanian capital. more

04.29.2013

Greek investment fund Global Finance said Monday it has renewed several rental contracts for Global City Business Park and wants to increase occupancy rate from 50% currently to 60% by the end of the more

04.01.2013

Firm Millenium Consult Invest 2002, owned by real estate developer Impact Developer & Contractor (IMP.RO), has obtained non-reimbursable EU funds to co-finance the construction of an 8,000-square more

03.27.2013

Real estate developer AFI Europe wants to obtain green certification for its first two AFI Park office towers in Bucharest, and appointed real estate consultancy firm Colliers International to advise more

02.05.2013

Bucharest-based real estate compound Blue Tower Residence, under bankruptcy, will be auctioned off at a starting price of EUR13.8 million. more

02.04.2013

Tower Center, Charles de Gaulle Plaza and Sky Tower – three of the best-known office buildings in Bucharest, started 2013 with more than 60,000 square meters of space available for rent over about more

01.29.2013

According to information emerged on the real estate market early this year, a new project of a 17-floor office tower will be built close to Bucharest’s Unirii Square. more

01.10.2013

The sons of Romanian entrepreneur Costel Casuneanu, Costel (29) and Ionut Casuneanu (26), owners of major construction firm Pa & Co International, will build an office tower in central Bucharest in more

12.05.2012

Real estate developer Wellkept Imobiliare has started the construction of a five-story office tower in central Bucharest. more

10.05.2012

Michele Nusco, CEO and one of the shareholders of Italian group Nusco, said the company will start the construction of a new office building in capital Bucharest at the end of the year. more

09.20.2012

Czech group S Group Holding will invest EUR55 million to develop office tower Green Gate in Romania’s capital Bucharest. more