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Office Market News

Iulian Dascalu had almost EUR 65 mln income from Iulius malls and Palas Iasi complex

The four commercial centres branded Iulius Mall and Palas Iasi complex, owned by the businessman Iulian Dascalu, had a total turnover of EUR 64.56 million last year, with 16% growth compared to 2012, according to data released by Iulius Group, Mediafax writes.

Real estate transactions number, 17 pct. growth last year

The number of the real estate transactions has grown with 17% last year, compared to 2012, to 824,989 operations, most of them being registered in Bucharest and the fewest in Teleorman district.

NEPI’s shareholders, 73.5 pct. income growth

South Africa’s investment fund New Europe Property Investments (NEPI) reported for last year a profit for its shareholders of EUR 57.46 million, 73.5% bigger than the profit registered last year, EUR 33.1 million.

EY: Romanian real estate to become attractive for investment funds in the next 18 months

The confidence of the investors in the real estate market recovered in most of the European countries, including those severely affected by the financial crises, such as Spain and the Netherlands, according to a research of the consultancy company EY, whose analysts consider the positive feeling could also affect the local market.

CBRE: IT&C companies lease over 100,000 sqm of office space in Bucharest in 2013

Almost 300,000 sqm of office spaces were leased last year in Bucharest, marking the highest volume of transactions ever recorded in the capital, according to CBRE.

Romanian economy has made ‘remarkable’ progress since 2000, says PwC

Economies of CEE-based countries such as Romania and Poland have developed extensively since 2000, while advanced economies have generally fallen back since the start of the crisis, says new research by the professional services firm PwC.

KRUK Romania rented 2,000 sq. m in River Plaza in Bucharest

KRUK Romania, one of the largest debt recovery companies in Romania, has rented 2,000 sq. m offices in River Plaza building, situated in Unirii area, in the vicinity of the Romanian Chamber of Commerce and Industry.

Canada's Embassy, interested in IT field, scientific and technological parks in Cluj

The IT field and the scientific and technological park Tatepolis are two of the areas of interest approached by Canadian Ambassador in Bucharest, Joanne Lemay, in a Tuesday's meeting with the Cluj County Council's (north-west) Chairman Horia Uioreanu.

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