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Office Market News

Timpuri Noi Square reaches 90% occupancy rate and is preparing for further development

Timpuri Noi Square, Vastint Romania’s first project, reaches an occupancy rate of 90% within the 3 buildings situated in Bucharest, leasing more than 47.000 m², and welcomes since last year tenants like Bolt (formerly Taxify), Allergan, Exiger and Streamwide, developing a community of more than 3.000 employees.

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1.1 million Euros investment in a 2,100 sq.m. fitness club in Vox Technology Park

Vox Technology Park from Timisoara leased 2,100 square meters to Nextfit, which will open in November an fitness club within the office project.

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Investments of 410 million euros in Romanian real estate projects

The investment volume from the first semester of 2019 amounted to approximately 410 million euros, up 6% compared to the similar period of last year, when investments were made on the local market with an investment value of 386 million of euros, according to Cushman & Wakefield Echinox calculations and estimates.

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Vertiv takes 4,500 sq m office space in Cluj-Napoca

American company Vertiv signed a rental transaction of 4,500 sq m office space in the Advancity Business Center building, located in the central area of Cluj-Napoca.

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Mindspace brings over 400 employees to the coworking spaces in Bucharest, by signing with another five companies

Accenture, Hootsuite, Founder Institute, KPMG and InnovX - BCR Business Accelerator chose for their teams the high-end and all-inclusive coworking spaces in Mindspace Business District and Mindspace Victoriei. In total, over 400 employees of the 5 companies thus become part of the global Mindspace community of over 14,000 members.

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REC Partners opens first co-working space in Bucharest in November

REC Partners opens its first coworking space in Bucharest in November under the brand name Hotspot within The Mark office building downtown Bucharest. For high-quality mix of flexible team and open-space offices with high-tech conference rooms and event areas, REC Partners rented an area of around 2,000 square meters.

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Day Tower office building in Bucharest, put on sale

The Greeks from Day Group put up for sale the Day Tower offices on Unirii Boulevard in Bucharest for 35 million euros.

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5 Key Elements of an Engaging Property Website

If your commercial property has available space to rent now or in the future, the digital presence is inevitable in order to be remarkable on the market. Here are the 5 key elements of your online presence and property website, given by Bence Fedor, Brand Manager & UI/UX Designer at Online Real Assets.

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