OFFICE
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Kaufland Set to Develop Office Building in Barbu Vacarescu Area
German-held retailer Kaufland has applied for a zoning permit from the Bucharest City Hall for a plot of land behind its store on Barbu Vacarescu Street, where it plans to develop an office...
Ion Tiriac Set to Develop Mixed-Use Project in Northern Bucharest
Billionaire Ion Tiriac plans to build through Tiriac Holdings the largest real estate project in the Romexpo area on the plot of land he owns there. The new development will include 24 build...
Romania’s Tallest Office Building Sky Tower Turns First Profit
Sky Tower Building, the company that manages the Sky Tower office building near the Promenada Mall in Bucharest, posted profit in 2018 for the first time since opening. The revenue rose 8% t...
Futureal: After Residential Investments in Romania, We’ll Add Office Space and Retail
Whenever it enters a new market, Hungary’s Futureal group starts with the residential division – Cordia and then the main company, which develops shopping centers and office buildings. The s...
Private Equity Firm White Star and US University About to Buy Liberty Office Complex in Cluj
Fribourg Development, the real estate division of private equity firm Fribourg Capital, held by Ion Sturza, former prime minister of the Republic of Moldova, is about to sign the contract to...
Consignor Expands Office in Victoria Center to Occupy 2,000 Sqm
Consignor, specialized in software development for the management of deliveries, is expanding its offices in the Victoria Center building in downtown Bucharest, where it will occupy 2,000 sq...
EUR1B Worth of Office Buildings and Malls For Sale in Romania
The increase in supply on the real estate market and the decline in investment yield towards 7% have led to a slight rise in the price of prime office space projects in Bucharest.
C&W Echinox: Developers To Deliver 1.2 M Sqm of Industrial, Retail, Office Space in 2019
Investors plan to deliver industrial, retail and office spaces with a total area of 1.2 million square meters, a new market record, compared with new spaces of around 850,000 sqm delivered i...
Colliers: Some Companies Want to Relocate from India and Philippines to Bucharest
The office space market in Bucharest has entered the radar of the major investors as more and more companies have been opening local divisions, and new projects under construction are taking...