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Office Market News

Deloitte Analysis: 2020, a difficult year for the M&A market

The mergers and acquisitions market (M&A) recorded 19 transactions in Romania in the first quarter of the year, four more compared to the same period in 2019. According to Deloitte’s estimates, the total value of the market, including transactions whose values were not disclosed, was between EUR 600 and 750 million in Q1 2020 (EUR 200-300 million in Q1 2019), while the disclosed transactions accounted for EUR 337 million (EUR 120 million in Q1 2019).

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Forty Management & Investments to reconvert building in Bucharest to office center

The Poșta Puișor building in Bucharest will be reconverted to office building, following an investment by the real estate developer Forty Management & Investments, a company founded in 2015 by Lucian Azoiței and Tudor Bădițescu.

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COVID-19: What facility maintenance activities we must carry out during this period of time?

In the last days, forced by the circumstances, more and more companies have turned to the work from home alternative or have suspended of their activity until the crisis generated by the infection with the new coronavirus is overcome. As a result, numerous office spaces, entire buildings, commercial spaces, restaurants and so on, have been closed suddenly and the facility maintenance activity has been also suspended.

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COVID 19 - Important measures in facilities management

Coronavirus was first detected in China in December 2019. To date, unfortunately, over 170,000 diseases have been reported globally, and the number of deaths exceeds 6,500 at this time. The increase in the number of coronavirus cases in Romania has led the members of the government to declare a state of emergency at the national level starting with 16 March 2020. However, some spaces will remain in use. That is why it is of interest for landlords and tenants to know what measures are important and necessary in the management of facilities during this period.

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Skanska leased 21,000 square meters of office areas in Bucharest in 2019

Skanska, the largest office building developer in Europe, leased in 2019 21,000 square meters of office areas in its latest projects in Bucharest: Equilibrium 1, Campus 6.2 and 6.3.

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2019 CEE total investment volumes exceed record-breaking performance in 2018

In Romania, transaction volumes surpassed the 1 bln. EUR milestone and is the only main CEE market which has not seen significant yield compression.

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Major trends in facility management in 2020

What global economic, social and cultural forces shape the future of the facility management industry? Let's look at the issues we need to consider to ensure business success in the medium and long term. For managers and decision makers in many industries it is relevant to know the main trends in the field of facilities management.

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Brisk Group, nominated for two award categories at the 15th annual SEE Real Estate Awards organised by EuropaProperty

Brisk Group has been nominated for Project Management Firm& Professional Service Provider of the year

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Alexandru Cristea

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