OFFICE SPACE
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GLL Finds New Tenants Fast For Charles de Gaulle Plaza
Charles de Gaulle Plaza in Bucharest, a landmark among the business centers in Romania’s capital city, has found new tenants fast after UniCredit Tiriac and Raiffeisen Bank moved out. The tw...
Companies Rented New Space Enough For 2,500 Employees Since Start of 2013
Insurer Generali, antivirus software vendor BitDefender and the importer of the Mercedes Benz cars are among the companies to have sealed the most important office space deals in the first m...
Four Office Space Projects Under Construction Since Start Of 2013
The year may have started with rental deals for 1,000 to 4,000 square meters of office space, but several developers feel they have got the right solution to the current market and are willi...
JLL: Office Deliveries In Bucharest Fell To 44,000 Sqm In First Nine Months
Developers completed in Bucharest office projects totaling 44,000 square meters in the first nine months of 2012, down 14.4% on the year, while rentals fell 21% to 140,000 square meters, acc...
New Wave Of Business Centers In Bucharest May Signal Economy Rebound
With more than 200,000 square meters of empty office space in an economy that is not completely free of recession and low foreign direct investment (merely EUR2 billion a year), developers c...
Sibiu Boasts Lowest Rent For New Offices - CBRE Romania
Sibiu is Romania’s cheapest city in terms of office rental, averaging EUR9-11 per square meter, compared to EUR19.5/sqm in Bucharest, according to a six-city study by realty advisors CB Rich...
Companies To Pre-rent 40% Of Bucharest Class A Office Space In Next Two Years
The scarce offer of large office spaces in Bucharest will likely prompt companies to pre-rent 40% of the total surface to be delivered in the next couple of years, property consultancy firm...
Bucharest Ranks 27 Among 36 European Business Destinations
Bucharest ranked 27 in a Cushman&Wakefield survey on the cost and availability of office space 36 European locations, up from last year's ranking, following improvements in the city infrastr...
DTZ: Low Office Space Deliveries In Bucharest May Predict Higher Rents
Developers delivered ten times less office space in Bucharest in the first half of this year, compared to the same period of 2010, namely 12,950 square meters, which could mean rents would g...