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Office Market News

AFI Europe rented 90% of AFI Palace Ploieşti, to be opened in October

AFI Europe Romania, has announced an occupancy rate of 90% for the AFI Palace Ploieşti, to be opened on 3rd of October 2013.

Transilvania Bank invested EUR 20 million for an office building and a data centre in Cluj

Transilvania Bank (BT) invested EUR 10 million for the construction of an office building and a data centre in Tetarom I industrial park in Cluj, where 350 employees will work.

Insolvency doesn‘t stop Swan Property

Leasing is continuing at Swan Office & Technology Park despite the insolvency of the scheme‘s owner.

Lindab installed a new production line for folding plates

The metal profiles producer Lindab announced the inauguration of a new production line for folding plates, with a price of 50% smaller than the regular line of the company.

Industrial vacancy up at 21.7 percent in the Budapest region

The volume of completed industrial stock in the Budapest region totaled 1,825,373 sqm at the end of Q1 2013, according to the Budapest Research Forum.

Gigi Becali to sell EUR 15 million plot to Portland Trust

Portland Trust developer, which will complete this year the office project Floreasca Park, near the metro station Aurel Vlaicu in Bucharest, will buy by the end of the year another 3ha of land from the businessman Gigi Becali.

Billa to open a new store in Cocor commercial centre in Bucharest

The retailer has signed this week a contract for a space in the underground of Cocor commercial centre in Bucharest, on 1,000 sqm, where Billa will open a new store.

Green Gate office building’s construction reached first floor

Czech Republic’s S Group announced the completion of the construction works for the structure of the first underground level and of the first above the ground level of the office building Green Gate from the Bucharest’s 13 Septembrie area. The project will be delivered on the market in January 2014.

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Adina Camara

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