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Office Market News

Eurostat: Romania ranks 3rd in EU in terms of increase in construction works

Romania ranks 3rd in the European Union in terms of increase in the volume of construction works in October 2013 compared to the previous month, which recorded a decline of 0.3 percent in the EU and 1.2 percent in the Eurozone, according to the data released by the European Statistical Office (Eurostat).

NEPI bought City Park Constanta for EUR 81 million

South-African investment fund NEPI, with assets of almost one billion Euros on the local market, bought for EUR 81 million the City Park in Constanta, developed by Israeli investors, in the largest real estate transaction of this year.

Zehetner, Immofinanz: Big Real Estate Investors Interested in Secondary Markets in Europe. Romania could attract them

Considering the positive macro-economic signals, as the latest market researches show, Romania could also attract the big investors, as they turned their attention towards secondary markets in Europe, said Eduard Zehetner, CEO Immofinanz, the largest real estate investor on the local real estate market.

Liviu Tudor: In 2014 we could assist to important office transactions

In 2014 many of the leases for offices spaces signed in 2009 will expire and the ones signed in 2010 will near their maturity, so we could assist important transactions, considering 2009 was a generous year in new office deliveries.

FERDINAND BUSINESS CENTER CLUJ – Ready for guests!

Future tenants are invited to visit the office building in downtown Cluj-Napoca. FERDINAND BUSINESS CENTER reached its final phase of finishing touches; last preparations for welcoming the companies and their employees are almost ready

Foreign investment in London real estate up to £1bn in 2013

Chinese investment in London real estate has risen over 1500% since 2010, increasing from £54m to over £1bn at the end of quarter three 2013, according to Jones Lang LaSalle.

Cloud Research Studio rented 1,300 sq. m offices in Stefan cel Mare district in Bucharest

The office building where the company Cloud Research Studio (CRS) will relocate is situated in the vicinity of the metro station Stefan cel Mare, in a quiet area and includes underground, ground floor and four upper floors.

Webhelp extends its activity in Bucharest, renting an additional 1,500 sq. m office space in Victoriei Square

French company Webhelp, active in BPO and outsourcing, extends its Bucharest operations by renting new office space in Premium Plaza office building in Victoriei Sq. area, announced The Advisers/Khight Frank, the broker of the transaction.

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Adina Camara

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