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Office Market News

NEPI and Dedeman took 22 ha land in Timisoara from Cristescu brothers

South-Africa’s investment fund NEPI and the DIY retailer De­deman bought from the brothers Emil and Marius Cristescu and an Italian investor the 22 ha land of the former plastics factory Dermatina in Timişoara in a transaction estimated by ZF to EUR 15-20 million.

Competence Call Center to open second office in Romania with 100 future jobs

Competence Call Center, supplier of support services, will open in Brasov, on June 1, a second office in Romania where it will create 100 jobs, with advanced speakers of German, English, Italian and French on high demand.

Deutsche Bank inaugurates the DB Technology Center in Bucharest, which hires 200 people by yearend

German bank Deutsche Bank (DB) officially inaugurated on Thursday in Bucharest the DB Global Technology Center, the first such center of the bank in South-Eastern Europe, that will employ up to 500 people by the end of 2016, DB announced in a press release.

Anchor Group starts work on Plaza Romania’s EUR 10 mln facelift

Real estate developer Anchor Group has begun refurbishment works on the Plaza Romania mall in western Bucharest, a project that will require a EUR 10 million investment, the company announced today.

Metro sales down in the first fiscal quarter in Eastern Europe

Metro Cash & Carry sales in Eastern Europe went down 4.3 percent in October – March, Q1 of fiscal year 2013-2014, to EUR 5.83 billion, primarily on account of unfavorable variations in foreign exchange rates. The drop manifested in Romania also.

The Advisers/Knight Frank: The interest of the companies for opening operations outside Bucharest is increasing

The Advisers/Knight Frank, the market leader for office rentals, registered a growth in office ental request in the country. The company has brokered in 1Q 2014 office rental transactions for companies such as OSF Global Services and Webhelp.

Liviu Tudor: The investors will influence Romania to develop like Poland

Liviu Tudor, the biggest Romanian owner of office spaces believes that Romania will have the same development as Poland and that new multinational companies will relocate their businesses here.

15 pct of the commercial centres in Romania will change their destination

Nearly 15 pct. of the commercial centres existing in Romania will change their destination in the following period, according to the specialists.

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