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Office Market News

Bucharest City Hall Could Demolish Cathedral Plaza with EUR 4 Million

Bucharest’s mayor, Sorin Oprescu, has declared on Thursday that, in order to apply the Court’s final and irrevocable sentence which provides the demolishment of Cathedral Plaza building, a mayor’s disposition is needed, including the evaluation of the expenses involved.

EUR 15 Million Construction Sites in Bucharest Centre: Office Building and Hotel

A dentist, Israel’s Jupiter group, the owner of a commercial centre in Piteşti, and the administrator of the design and architecture company Proiect Bucureşti are working at three real estate investments on George Enescu St. and Georges Clemenceau St., behind Hilton hotel in Bucharest, projects estimated at EUR 15 million.

CBRE Global Investors to sell land mark building Tancici Dum in Prague

CBRE Global Investors has exclusively appointed the Capital Markets team of Jones Lang LaSalle in Prague to sell the famous Tancící dum (Dancing House/Ginger&Fred) building. The sale opportunity is currently being introduced to potential investors and first meetings are being held.

Most expensive villa in Bucharest for sale at EUR 8 million

A villa with 20 rooms, for sale at EUR 8 million, is on the first place in the top of the most expensive residential properties currently for sale in Bucharest, according to imobiliare.ro.

Immofinanz increases its revenues from rents in Romania

The revenues from rents registered by Immofinanz in Romania have increased to EUR 12.6 million in the first quarter of the fiscal year 2013/2014, compared to EUR 11.9 million registered in the same period of last year.

What tells us the top of companies in the 42 districts of Romania

Less than a quarter of the node companies (insuring 80% of the turnover for each range of activity) from the 42 districts of Romania have a relatively high micro-economical level of development, show the results of the first territorial review of the Romanian economy.

Argo collected EUR 12 million from the rents of four malls in Romania

Argo Real Opportunities Fund, the owner of four commercial centres in Romania has collected over EUR 11.8 million from rents between October 2012 and March 2013.

Most attractive office buildings in 2013: biggest areas rented

Premium office buildings in central areas, as well as those where the financial conditions are extremely attractive have generated most of interest in 2013, succeeding in renting the biggest areas, according to data from Colliers International..

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