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Office Market News

Boiron drugmaker moved from Cotroceni to Popoviciu 's building in Dorobanţi

Boiron Romania, subsidiary of the French group which produces homeopathic medicines, gave up the office in the Cotroceni area in Bucharest for an office space of 450 square meters in Dorobanţi 239 building owned by Puiu Popoviciu.

Romanian properties bring 14 pct of Immofinanz income in first half of financial year

In the first half of the 2015/16 financial year, rental income from the Romanian properties of the Immofinanz group reached EUR 22.2 million, accounting for 13.9 percent of the developer’s total rental income. The numbers were stable, with the previous period registering EUR 22.5 million in income, group representatives inform.

Romanian real estate market sees positive development in 2015, says DTZ Echinox

Office, retail and industrial property projects all saw ascending trends during 2015, while yields compressed across the whole market, with logistic spaces seeing the best evolution, according to a study by DTZ Echinox.

German group Bosch opens its second service center in western Romania

Bosch Service Solutions, a global provider of business services that is part of German group Bosch, opened its second service center in Timisoara, western Romania, on December 14.

Romanian billionaire sells stake in Metro Cash&Carry

Romanian investor Ion Tiriac has sold its stake in the retailer Metro Cash&Carry Romania in mid-November.

Around 20pc of companies invested in boosting employees’ efficiency and productivity

Approximately 20pc of Romanian companies have invested this year over 100,000 Euros towards boosting the efficiency and productivity of their employees, other 20pc of companies have spent amounts ranging between 10,000 – 50,000 Euros and 60pc have invested less than 10,000 Euros in special programs for employees, a recent survey on the topic reveals.

Romanian investor expands his new mall due to high demand

Romanian investor Florin Pogonaru has decided to expand by 16% the area of his Veranda shopping center, which he develops on a 4.5-hectare plot near Bucharest’s Obor market.

Foreign direct investment up to nearly EUR 2.8 billion in Romania

Foreign direct investment in Romania increased by EUR 270 million in October, reaching EUR 2.784 billion after the first ten months of the year.

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