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Office Market News

Orange keeps the headquarters in Europe House, extending their premises

Orange România has renewed the lease for the premises in Europe House (Victoriei Sq., Bucharest) at the end of 2012.

NEPI and Ovidiu Sandor start the preparation of THE OFFICE site

“The Office” project from Cluj-Napoca is the most important office scheme from outside Bucharest, with a total rentable area of 54,000 sqm.

Buma prepares new Kraków office project

Buma Inwestor is preparing to break ground on a new office project in Kraków. The new scheme is set to go up on Stefana Rogozińskiego street and will offer 18,000 sqm of leasable space.

Three Bucharest Office Towers are looking for tenants to occupy the 50 available floors

The landlords and their brokers need to persuade companies with nearly 7,000 employees to choose their premises, in a competition that appears to be the game of the year for the office market.

MIPIM -THE LEADING REAL ESTATE EVENT FOR PROPERTY PROFESSIONALS

MIPIM , the world’s property market, brings together the most influential players from all international property sectors - office, residential, retail, healthcare, sport, logistics and industrial - offering unrivalled access to the greatest number of development projects and sources of capital worldwide. 12-15 MARCH 2013 Palais des festivals, Cannes, France

Bucharest, Europe’s least expensive office space market in 2013 too

This year, too, Bucharest is the European capital with the lowest-priced market in terms of office space rentals, Budapest is second-lowest, followed by Talin, Vilnius and Riga, according to a DTZ study which examined 34 real estate markets across Europe, according to Hotnews.

Signs of life from land market

Colliers International says a trio of recent land deals in the Aviatiei area suggests strengthening developer interest.

Olympia Tower 95 percent let

Olympia Tower has reached an agreement with what it calls an “important retailer” which will be leasing 1,100 sqm of office space, leaving just 5 percent of the building available for tenants.

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Adina Camara

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