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Office Market News

Techno Office: 3 aspects which influenced the evolution of office design

The last decade brought huge changes in every aspects of our daily life, and in the field of the office design the innovation was experienced in the smallest details, starting with forms, colours and textures to the way the employee can relax at the working place.

CBRE Hungary won “Best Research” Award for fourth consecutive year

CBRE Group has been named the top global real estate advisory firm in the 2015 Euromoney Real Estate Awards. CBRE has now achieved the top award for four consecutive years and eight times since the real estate awards program launched 11 years ago. Globally, CBRE was also ranked highest overall in the Sales/Leasing and Valuation categories.

Romanian investor builds 100 apartments in Cluj with EUR 5 mln

Local investor Octavian Buzoianu wants to borrow EUR 4.5 million from the state-owned lender CEC Bank to build 100 houses in Cluj-Napoca.

Romanian commercial real estate investment volume up 15 pct. to EUR 900 million

Romanian commercial real estate investment volume has increased with 14.9 pct. to EUR 900 million in the a 12 months period which ended in the second quarter, while in Europe the market is 29 pct. up in the first semester, to EUR 104.9 billion, according to Knight Frank.

EY Romania opens new office in Cluj-Napoca after activity growth in area

EY Romania’s Cluj-Napoca team has moved to a new space in The Office building, which better suits the growing team needs, which has now reached a number of 20, a company statement announces.

Iulius Group starts construction on Openville Timisoara mixed-use ensemble

Iulius Group announced the start of construction works for the Openville mixed-use project, in the immediate vicinity of Iulius Mall Timisoara. Over EUR 220 million will be invested in the urban ensemble, this being the largest infusion of private capital in the real estate industry in western Romania.

Papalekas to attract EUR 35 million for investments

Businessman Ioannis Papalekas wants to attract EUR 35 million from the shareholders of the Globalworth, the company he controls, in order to finance new real estate projects acquisitions and the needed investments for the office buildings in development in Bucharest.

Co-founder of Cellini stores invests in a residential building downtown Bucharest

Businessman Marian Mihart, co-founder of the jewellery and watches stores network Cellini, is developing a residential building on Unirii Blvd., near Bucharest Court, on a plot which was put on sale for several years.

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