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Office Market News

Carrefour and NEPI open Vulcan Value Centre on September 4

Real estate investment fund New Europe Property Investments (NEPI) and Carrefour Romania will open on Thursday the Vulcan Value Centre shopping park in south-west Bucharest.

Investment fund pays EUR 5.85 mln for the EOS Business Park office building in Bucharest

Secure Property Development & Investment (SPDI), a property development and investment company incorporated in Cyprus, has paid EUR 5.85 million for EOS Business Park, a Bucharest office building which is fully leased by Danone Romania, informs Mediafax newswire.

BCR in the market for 15,000 sqm of office space in Bucharest

Austria’s Erste-owned BCR, Romania’s largest bank, is looking for up to 15,000 square meters of office space to relocate some of its operations in Bucharest, according to sources on the real-estate market quoted by ZF.

WDP to develop EUR 4 mln logistics project in Ploiesti for Spanish group Roquet

Belgian real estate developer Warehouses DePauw (WDP) will be investing EUR 4 million in the development of a logistics project near Ploiesti with a surface of nearly, 7,000 sqm for Spanish producer of hydraulic components Grupo Industrial Roquet.

DTZ: 108,000 sq. m office rented in H1 2014 – highest volume registered for a semester since 2008

Office space in the Capital totaled 2.114 million square meters at the end of June, with 3 percent of the area represented by new deliveries.

Award winning office project Floreasca Park – 100% Success Story

The Advisers/Knight Frank, market leader on the office real estate sector, successfully carried out its exclusive landlord representation mandate for award-winning Floreasca Park.

Portland Trust purchased a 4 ha landplot in Floreasca for another energy-efficient office development

Portland Trust /ARES Management has recently acquired 4 hectares of land in the Center-North of Bucharest to develop a new energy-efficient office project.

Siemens invests EUR 4.5 million in R&D center in Cluj

Siemens announced on Monday it will expand its local presence in the IT field, by opening a new R&D center in Romania in Cluj, under the brand of its subsidiary Evosoft. By 2017, the company intends to hire over 210 people, who will work on global projects in software and product development for Siemens’ four sectors.

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