OFFICE
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C&W: Bucharest Falls Three Spots To 42nd Among World’s 63 Most Expensive Office Markets
Romania’s capital city Bucharest fell three places to 42nd among the world’s 63 most expensive office markets, although prime rents saw a slight increase in 2013, according to a survey by re...
CBRE: Modern Office Space Stock In Bucharest To Reach 2.35Mln Sqm In 2013
The stock of modern office space in Romania’s capital city Bucharest will reach 2.35 million square meters at the end of 2013, compared to 2.2 million square meters in 2012, according to a r...
NEPI, Ovidiu Sandor To Start Construction Of Office Tower In Cluj-Napoca
South-African investment fund New Europe Property Investment (NEP.RO) and businessman Ovidiu Sandor will soon start the construction of an office tower in Cluj-Napoca, northwestern Romania,...
Esop: Office Owners Should Also Target Middle-Sized Companies
Alexandru Petrescu, managing partner of real estate consultancy Esop, one of the leading Romanian-held consultancies, says Bucharest has vacant office spaces with a lettable area of over 600...
Belgian Businessman Teams Up With Casuneanu To Build Office Tower
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.
New Office Space Rentals In Romania Held Only 33% Of Total Transactions In 2012
New office space rentals, expansions and pre-rentals in Romania made up only 33% of total transactions registered in 2012, and the bulk of contracts concluded last year targeted relocations...
Office Space Demand By Mid-Cap Companies In Romania Up Over 50% In 2012- Survey
The quarterly average demand for office space by medium-sized companies in Romania rose over 50% in 2012, a trend likely to be kept in 2013 if there is political and economic stability, acco...
C&W: Bucharest Office Vacancy Seen Among Lowest In CEE By 2014
The office vacancy rate in Romania's capital city Bucharest will decrease by almost five percentage points by 2014, to 9.8%, considering the surface of newly completed buildings will be halv...
CA Immo’s Office Space Is 99% Rented
Austria’s CA Immo, which owns four office complexes in Bucharest with a lettable area of 104,000 square meters, has kept its buildings 99% occupied after renegotiating and extending contract...