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Office Market News

New Bucharest Real Estate Developments Contested by NGOs representatives

The Chef Architect of Bucharest, Gheorghe Patrascu, has declared during a public debate regarding the approval of an Urban Plan in Dorobanti area that the plans resprect the legislation, following the complaint of NGOs representatives against the construction of 45 m height building between historical monuments, Mediafax informs.

INS revises 0.1 percent down economic growth in first 9 months of 2013

The National Institute of Statistics (INS) revised 0.1 percentage points down, from 2.7 percent to 2.6 percent, the economic growth in the first nine months of 2013, on the seasonally adjusted data, while on the gross series the estimation was maintained at the 2.7 percent level, according to the data the National Institute of Statistics (INS) released on Friday.

Bucharest, in TOP TEN Most Attractive Real Estate Markets in Europe

The most interesting ten markets in Europe for the real estate investors are Bucharest, Warsaw, Dublin, Amsterdam, Milan, Barcelona, Roma, Madrid, Brussels and Luxembourg, according to BNP Paribas Real Estate’s analysts.

AEW Europe supports the development of Lola & Liza which expands on 1,100 sqm in Brussels

AEW Europe, as asset manager for Le Marquis, expands the Lola & Liza Group on 1,100 sqm at 1, Rue du Marquis in Brussels.

The Office Market in 2013: 22% Growth of Transacted Area

The rent transactions of the office spaces in Bucharest totalized in 2013 approx. 300,000 sq. m, with 22% growth compared to 2012, the relocations, the renegotiations and the renewals representing over 80% of the market, according to Esop Consulting.

Globalworth buys two Bucharest office buildings

Globalworth Real Estate Investments bought Tower Center International and Upground Tower in Bucharest for €152m in cash and shares.

Lapinski, Skanska Property Romania: The main elements for a constant growth on the real estate market exist

The real estate market has already overcome the most difficult period and there are the main elements for a constant growth, has declared Marcin Lapinski, the CEO of Skanska Property Romania, the developer of the office project Green Court Bucharest for WALL-STREET.RO.

The developer Adama appointed new head, a former executive within Metro Group

Laszlo Csiki, former executive within Metro Group, is the new executive manager of the real estate developer Adama, replacing Andreas Holler who was named member of the administration council of Buwog.

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