OCCUPANCY
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Flexible Working Space Provider Mindspace Reaches Almost 80% Occupancy In 2025
Global flexible working space provider Mindspace recorded an average occupancy rate of about 80% in its locations in Piata Victoriei and Pipera in Bucharest in 2025, the company said.
Hilton Garden Inn Hotel In Craiova Expects 65% Occupancy Rate In Its First Year In Business
Craiova will have its first Hilton hotel next year after work on the Hilton Garden Inn hotel has been completed, following an investment of more than EUR25 million, hotel representatives sai...
Vitantis Shopping Center To Reach 100% Occupancy Soon
Vitantis Shopping Center in Bucharest will get new tenants soon and reach 100% occupancy rate. This is the project that got the highest investment volume made by its owner, businessman Omer...
Bucharest’s Hotel Cismigiu Targets EUR1.7M Turnover in 2023, Same as 2019 Level
Bucharest’s four-star hotel Cismigiu, one of the monument buildings of the city, controlled by Spain’s Hercesa, ended 2022 with EUR1.5 million turnover and for 2023 has budgeted EUR1.7 milli...
Caro Hotel Complex Set to Hire Workforce from Sri Lanka
Octavian Lazar, a stakeholder in hotel complex Caro Hotels of northern Bucharest, says the company needs workforce as it hasn’t prepared for the current demand increase and it will bring 15...
Mendeleev Office 5 Attracts Two New Tenants, Reaches 70% Occupancy
The Mendeleev Office 5 office building, developed by Akcent Development in the center of Bucharest and managed by the Asset Services team of Cushman & Wakefield Echinox, has attracted two ne...
Courtyard Hotel in Bucharest Targets 65% Occupancy in 2020
The Courtyard Bucharest Floreasca hotel, developed by Lithuanian Apex Alliance Group and opened in October 2019, targets an occupancy rate of 65% this year after 40% average occupancy in the...
C&W: Monthly Occupancy Cost In Bucharest Modern Office Buildings From EUR175 To EUR500/Employee
Companies in Bucharest with offices in modern office buildings have a monthly occupancy cost of EUR175 to EUR500 per employee, according to an analysis by real estate consultancy Cushman & W...
Rising Consumer Spending Takes Logistics Space Occupancy Rate To All-Time High
Logistics space has reached maximum occupancy, following the rise in consumer spending by about eight percent in the last few months. Therefore, the developers of industrial or logistics bui...