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Global City Offices Reach 60% Occupancy With Bergenbier Lease
Real Estate

Global City Offices Reach 60% Occupancy With Bergenbier Lease

Beer manufacturer Bergenbier, owned by Canada's Molson Coors, leased 1,200 square meters of office space in the Global City Business Park office compound in northern Bucharest, owned by Glob...

Oana Gavrila · 09.03.2015 · 11:17 · 1 min
Developers Set To Complete Offices For 10,000 Employees Outside Bucharest
Real Estate

Developers Set To Complete Offices For 10,000 Employees Outside Bucharest

The office stock outside Bucharest will rise by around 100,000 square meters this year, on a par with deliveries expected in Bucharest.

Catalina Apostoiu · 04.03.2015 · 00:00 · 2 min
UniCredit Leases 7,000 Sqm Of Office Space In Iasi, Hires 400 People
Real Estate

UniCredit Leases 7,000 Sqm Of Office Space In Iasi, Hires 400 People

Iulius Group, owned by businessmen Iulian Dascalu, has leased UniCredit Business Integrated Solutions 7,000 square meters of office space in United Business Center in Iasi, half of the fifth...

Oana Gavrila · 02.03.2015 · 13:46 · 1 min
Bucharest’s 50 Largest Business Centers Worth EUR3B And 80% Held By Foreign Groups
Real Estate

Bucharest’s 50 Largest Business Centers Worth EUR3B And 80% Held By Foreign Groups

The total area of Bucharest’s 50 largest business centers stands at almost 1.5 million square meters, accounting for around 70% of the capital city’s office stock. Foreign groups rule in thi...

Catalina Apostoiu · 09.02.2015 · 00:00 · 3 min
Bucharest Office Market, 20 Times Cheaper Than Hong Kong, World's Most Expensive
Real Estate

Bucharest Office Market, 20 Times Cheaper Than Hong Kong, World's Most Expensive

Bucharest's office market is more than 20 times cheaper than Hong Kong, the world's most expensive market, and half of Warsaw, as $100 million buys 32,000 square meters of office space in Bu...

Oana Gavrila · 20.01.2015 · 16:55 · 1 min
Mars Extends Offices In Bucharest's Floreasca Business Park
Real Estate

Mars Extends Offices In Bucharest's Floreasca Business Park

The Romanian division of U.S. food manufacturer Mars has extended its lease in the Floreasca Business Park in Bucharest, an office compound owned by South-African investment fund NEPI.

Oana Gavrila · 10.12.2014 · 14:33 · 1 min
Real Estate

NEPI Raises EUR150M For Promenada Mall, Other Investments

South-African investment fund New Europe Property Investment (NEPI) has raised around EUR150 million in a capital hike to fund its acquisition of the Promenada shopping mall in Bucharest and...

Oana Gavrila · 24.11.2014 · 10:31 · 1 min
Orange And Schneider Electric Will Move To Green Court Bucharest By Spring
Real Estate

Orange And Schneider Electric Will Move To Green Court Bucharest By Spring

Swedish developer Skanska has completed the first stage of the Green Court Bucharest office compound, which is 90% leased, and tenants will be moving in by spring.

Oana Gavrila · 31.10.2014 · 12:39 · 1 min
Lidl Raises Offices And A Store On Former Bread Plant Site In Bucharest
Real Estate

Lidl Raises Offices And A Store On Former Bread Plant Site In Bucharest

The building of Baneasa plant in northern Bucharest was demolished to make room for an office building and a store German retailer Lidl is set to erect on one quarter of the five-hectare plo...

Catalina Apostoiu · 22.10.2014 · 00:00 · 1 min