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Office Market News

Sanamed to relocate within Business Garden Bucharest office complex, developed by Vastint

Sanamed will relocate its activity starting 2020 in a 3,900 sqm space situated in the Business Garden Bucharest, the office project developed by Vastint Romania.

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The Romanian office space market grew by 24% in the first three quarters of 2019

In the first nine months of 2019, the volume of office space rental stands at 339,100 sqm, 65,430 sqm more than last year in the same period, according to an ESOP monitoring of centralized data by the main market brokers. The largest transactions were registered in Bucharest, Cluj-Napoca and Timișoara.

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Romania for the eighth time at the EXPO REAL Munich

For the eighth consecutive time, AHK Romania organizes Romania's joint stand at Expo Real Munich, Europe's largest fair for real estate and investment projects.

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Ubisoft Bucharest announces its relocation to new office building within J8 Office Park project

Ubisoft Bucharest announces its relocation plan in 2021 to a new office building within the J8 Office Park project located in the Jiu area and developed by the Portland Trust.

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Colliers International appoints Kevin Turpin as a Regional Director of Research for Central and Eastern Europe

Leading global commercial real estate services and investment management firm, Colliers International announced recently that Kevin Turpin has been appointed as the new Regional Director of Research for Central and Eastern Europe. He starts his new position on the 01 October and will be based in Prague.

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Veeam Software to lease 2,300 sqm offices in Business Garden Bucharest

Veeam Software has leased approximately 2,300 sqm, with possibility of extension, in Business Garden Bucharest, building owned by Vastint Romania in Orhideea area, as part of their growth strategy.

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One United Properties has ongoing office projects of 150,000 sqm, totaling investments 220 million EUR

One United Properties, a company with Romanian capital, has ongoing office projects of 150,000 sqm for the following three years, totaling investments of 220 million EUR.

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The subway will have a new station near the southern Ring Road of Bucharest

The Ministry of Transport, Metrorex and the City Hall of Sector 4 signed a Protocol on Tuesday on the construction of a subway station at the ground level, located between the Berceni subway station and the Ring Road.

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Alexandru Cristea

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