JLL
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JLL: Central-Western Part Of Bucharest Has Huge Potential, Floreasca Area Becomes Risky
The central-western part of Romania’s capital city Bucharest has the highest potential for office developments, due to good infrastructure, low office stock and low vacancy rate, real estate...
Bucharest Office Market In 2014: South Is The New Trend
The three largest office projects to be delivered this year in Bucharest are built in the southern half of the city, which developers have shunned so far in favor of the central and northern...
JLL: Potential Flat Tax Increase To Affect Romania’s Competitiveness
A potential increase in Romania’s flat tax will affect the country’s competitiveness and its negative impact will not be compensated by a decrease in the value added tax (VAT), Gijs Klomp, M...
Developers Prepare More Office Space In 2013, Fewer New Retail Projects
The overall office space to be delivered in Bucharest this year will increase considerably compared with 2012, while the number of new retail projects will continue to decrease, real estate...
Poland’s Telbridge Enters Romanian Call-Center Market
Poland’s Telbridge will enter the Romanian call-center market by opening an office in northern Bucharest this spring, according to Jones Lang LaSalle, the company’s representative in the tra...
JLL: Industrial Space Transactions In Romania Dropped 40% In Jan-Sept
Total rentals on the Romanian industrial market reached 75.000 square meters in the first nine months of 2012, down about 40% on the year, real estate consulting firm Jones Lang LaSalle (JLL...
Modern Retail Space Delivery In Romania Seen Down 40% In 2012
New supply of modern retail space in Romania will total 187,000 square meters in 2012, down 40% on the year, while next year’s delivery is currently estimated at about 150.000 square meters,...
Third Departure From Jones Lang LaSalle In Three Months
The Romanian unit of Jones Lang LaSalle (JLL), one of the leading real estate consultancy firms, has seen its management shaken up in the past three months, after three executives left the c...
JLL: Housing Prices In Bucharest To See More Noticeable Correction In 2012
The prices of new dwellings in Bucharest dropped 4% in the first quarter of the year, after a slight increase registered in 2011, real estate consultancy firm Jones Lang LaSalle said in a re...