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Office Market News

Decoding the 2027 construction forecast: what it means for commercial real estate in Eastern & Southeast Europe

Understand the projected construction trends in Eastern and Southeast Europe through 2027 and how they might impact the availability and development of office and warehouse space for businesses across the region.

Romania property tax reform: brace for potential rent increases for your business

Romania is set to overhaul its property tax system by 2026, shifting assessment towards market values. This reform is likely to increase costs for property owners, with implications for businesses renting office or warehouse space as landlords may pass on the higher tax burden through increased rents.

Skanska’s Equilibrium 2 sets new connectivity standard in Bucharest

Skanska's Equilibrium 2 in Northern Bucharest, the first building in Romania to achieve WiredScore Platinum certification for both development and occupied phases

Constanța's €9 Billion Investment Boom: Prime Opportunities for Business Space

Constanța is consolidating its position as a regional hub with over €9 billion in planned investments across key sectors like energy, infrastructure, logistics, real estate, and tourism, presenting significant opportunities for businesses seeking office or warehouse space.

Artificial intelligence promises to radically transform the real estate industry, but it cannot replace decisions based on human relationships

Artificial intelligence promises to radically transform the real estate industry, but it cannot replace trust, empathy, and human-driven decision-making, according to a survey conducted by Colliers at the 2024 - 2025 CoreNet Summits. The survey included 422 professionals from the EMEA, North America, and APAC regions. While over 70% of companies expect AI to have a major impact on operational processes, only 2% believe it will lead to significant headcount reductions.

Globalworth Eyes New Office Developments in Bucharest

Leading real estate investor Globalworth is in the final stages of planning significant new office construction in Bucharest, signaling confidence in the market and addressing the growing demand for modern, flexible workspace in the city.

aSpace continues its expansion and sets up the first coworking space on Calea Victoriei

aSpace, one of the leading providers of coworking spaces and all-inclusive offices in Romania, is inaugurating a new location of almost 1,000 square meters in the center of Bucharest, in the Victoriei 222 building. This is the first coworking destination on Calea Victoriei and is aimed primarily at small businesses, with 6 to 20 employees, but also freelancers. aSpace has already signed pre-lease contracts with the first four tenants.

Major Deal Reshapes Bucharest's Iride Park: New Opportunities for Tenants?

A significant real estate transaction has just reshaped the landscape of Bucharest's Iride Park, with Alfa Group acquiring a majority stake from CPI Romania. This deal signals potential shifts in the availability and management of prime office spaces, relevant news for businesses seeking a strategic location. The transaction was brokered by the real estate consulting company Cushman & Wakefield Echinox.

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Alexandra Filip

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