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Office Market News

Warsaw office supply hits 4.7 million sqm

According to the Warsaw Research Forum, new office supply in Warsaw hit 4.7 million sqm in the third quarter of the year, with 246,000 sqm of space delivered to the market since the beginning of the year in 15 completed projects.

Climbing Stairs Marathon in SkyTower

Raiffeisen Property International announced the first edition of SKYRUN, a marathon of climbing stairs in the tallest building in the country, SkyTower, for the benefit of HOSPICE Casa Sperantei.

Carrefour Opens another Two Franchise Stores in Brasov

Carrefour Romania announced the opening of two additional proximity stores in its Express network, opened in franchise in Brasov with RostCom: Express RostCom Oltet and Express RostCom Gospodarilor.

Alcatel-Lucent Romania to Hire 300 Employees by 2015

Alcatel-Lucent Romania will hire approx. 300 people by the end of 2015, mainly for 4G projects and research-development activities, has declared on Tuesday the general manager of the telecom equipments supplier, Florin Petolea.

GfK: Economy growth of between 2.7 pc and 4.3 pc over 2014-2016

Between 2014 and 2016, the Romanian economy is expected to see growth of between 2.7 per cent and 4.3 per cent, the Findings of the GfK Consumer Climate Europe study for the third quarter of 2013 reads.

MedLife to Open 4 Hyper-Clinics Next Year: at least EUR 2 Million Investment and 500 Employees

The private medical services operator MedLife, controlled by Marcu family will open next year four large size clinics and hire approx. 500 people, has declared Nicolae Marcu, the company’s general manager.

Global commercial real estate transactions continue to exceed expectations in Q3 2013

Global commercial real estate markets continue to exceed expectations in 2013 as preliminary transaction volumes in the first three quarters of 2013 are up 16 percent over the same time period in 2012, according to Jones Lang LaSalle Capital Markets research, which spans 60 countries and more than 130 cities worldwide.

Romania’s new insolvency code to be enforced starting October 25

The new insolvency code will be rolled out in three weeks time after the government passed it on Wednesday through an emergency government ordinance, in a move which came as a surprise for the consortium working of the bill as it contained a series of fresh provisions, said on Friday Arin Stanescu, president of the National Union of Insolvency Practitioners in Romania (UNPIR), during the first National Insolvency Conference.

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