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Office Market News

FDI to Romania gains 13.9 percent to EUR 1 bln on five months

The level of foreign direct investments (FDI) to Romania has risen in the first five months of the year by 13.9 percent to EUR 1 billion against the same period of last year, according to the National Bank of Romania (NBR).

Buzoianu takes EUR 10 million loans for Felinvest

The shareholders of the real estate development company Felinvest in Cluj-Napoca (FEL), controlled by the businessman Octavian Buzoianu, have approved two loans for real estate investments, with a total value of EUR 10.2 million.

CON-A is the general contractor also for second phase of Liberty Technology Park

Romanian construction company CON-A will be the general contractor also for the second phase of the project Liberty Technology Park in Cluj.

GDF Suez buys UK facilities management unit from Lend Lease

French gas and power group GDF Suez has bought the UK facilities management business of Australian property group Lend Lease, the firm said in a statement on Monday.

Office transactions top: 20 companies rented 74,000 sq. m in H1 2014

Largest 20 office transactions in Bucharest signed in the first half of this year targeted the rental of spaces with a total area of approx. 74,000 sq. m, the equivalent of 3.5 pct. of the 2.1 million sq. m office stock of Bucharest, according to a ZF analyze.

Coface Romania expands in Timisoara

Credit insurer Coface has opened a new office in Timisoara in a bid to tap into the high business potential in western Romania.

Romania, riskier to invest in than Bulgaria, Hungary and Malaysia

Romania is a riskier destination for business than countries such as Bulgaria, Hungary, China, Chile and Malaysia according to Bloomberg’s ranking of emergent economies. Romania comes in 26 out of 43 in the top, behind riskier countries like Thailand (24) and Peru (25).

A group with 10,000 employees from Bulgaria are looking for a land for the construction of a BMW centre in Bucharest

TIM Group, controlled by the Bulgarian businessman Ivo Kamenov and Marin Mitev, including over 50 companies from several ranges of activity and over 10,000 employees has in plan the construction of a new BMW centre in Bucharest, according to sources in the auto mrket.

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