Real Estate
AFI Europe Acquires NEPI Rockcastle's Romanian Office Portfolio for EUR300M
AFI Europe N.V. has completed the acquisition of NEPI Rockcastle's office portfolio in Romania, with a global lettable area of 118,500 square meters, in a deal of over EUR300 million.
Globalworth Breaks Ground on Constanta Business Park
Globalworth Industrial, the industrial and logistics division of real estate developer Globalworth, has started work on Constanta Business Park, one of the largest mixed-use developments in...
Endava Leases 12,500 Sqm in Forte Partners' U-Center Office Project
UK software and IT services provider Endava has leased 12,500 square meters of office space in the U Center office project developed by Forte Partners in the Tineretului area in downtown Buc...
C&W Echinox: Modern Office Stock in Regional Cities Seen at 1 Million Sqm in 2020
Modern office stock in Romania's regional cities – Cluj-Napoca, Timisoara, Iasi, Brasov – is seen reaching one million square meters in 2020, nearly one year later than initially estimated d...
2Checkout Expands Office Space In Bucharest’s Pipera Area After Increasing Staff Numbers To 340
E-commerce solutions provider 2Checkout has recently completed the expansion of its office space in Bucharest’s Pipera area, after its team was increased to 340 employees, above its early-ye...
Ness Digital Engineering Leases Over 4,100 Sqm Within UBC 0, The Tallest Office Building In Romania
Israel’s IT company Ness Digital Engineering has leased over 4,100 square meters within United Business Center (UBC) 0, the tallest office building in Romania, developed within Iulius Town m...
Mitiska Reim Opens Retail Center in Braila
Belgian private investment fund Mitiska Reim, specialized in retail centers in Europe, has opened a shopping gallery in Braila, eastern Romania, developed in partnership with constructor Squ...
Sweat Concept One Leases 2,200 Sqm Within First Office Building Of The Light One Project
Wellness center network Sweat Concept One has signed a lease contract for 2,210 square meters of space within the first office building of The Light One project (21,000 sqm of leasable area)...
Office Space Vacancy Rate in Bucharest Up to 9.3% in Jan-Sept
The vacancy rate for modern class A and class B office space in Bucharest reached 9.3% at the end of September 2019, while the office space stock 3.16 million square meters.