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Office Market News

Impact Developer Founders Forced Execution

Transilvania Bank sells the shares of Dan Ioan Popp and Carmen Daniela Săndulescu, the founders of Impact real estate developer. The shares represent 25% of the joint stock of the company.

Former USA ambassador comes back to Romania and runs for the Proprietatea Fund’s direction

Mark Gitenstein, former USA ambassador for Romania and lawyer submitted an application for a place in Representatives Council of Proprietatea Fund, on the behalf of the Emerging Markets Country Fund.

Prologis lease renewals for 56,000 sq. m in Slovakia

Prologis, Inc., the leading global owner, operator and developer of industrial real estate announced the renewal of three leases totalling more than 56,000 sq. m at Prologis Park Bratislava and Prologis Park Nove Mesto in Slovakia.

S Immo plans to reach 100% occupancy for Sun Offices in 2013

The current occupancy rate of Bucharest office building Sun Offices is approx. 80% and the plan for 2013 is to fully rent it.

The Biggest Bucharest Office Lease Transactions in 2013

According to Ziarul Financiar analyse, the companies that signed the most important lease agreements on Bucharest office market are Generali, BitDefender and Mercedes Benz.

Colliers Property Management, significant turnover raise in 2012

The company’s turnover raised 5 times in 2012 compared to 2011. Colliers has in plan for 2013 to extend its portfolio in all areas of expertise: industrial, office and retail.

Tenants’ migration from Novo Park to Iride Business Park

A part of Veolia group, a group holding also Apanova, relocates from Novo Park 3 to Iride Business Park, owned by Immofinanz, to a larger area.

Evo Center One office building to be sold through public auction

The office building in Pipera belongs to Romanian businessman Dinu Patriciu and it will be sold after the company which administrates the building CHF Investitii, went bankrupt. The starting price is EUR 1.45 million.
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