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TAROM is looking for tenants for its headquarters in Otopeni

The SARS-COV-2 pandemic has led to problematic results in the office market. Projects blocked from development, lost leases, fierce competition between landlords for companies that are still looking for big spaces for rent.

CEE Tenant Advisors – First Independent Tenant Representation Network in CE

The Coronavirus epidemic is undoubtedly a real hard cost for businesses. The uncertainty surrounding this crisis is prompting companies to find sources of savings to reduce their costs. Rent and office management are the second largest expense item for companies after salaries. It is therefore relevant to ask the question of how to reduce the cost of your premises as much as possible and/or match the current needs of space with the current working constraints.

AFI Brașov, the only mixed-use project in Europe LEED Gold Core and Shell certified in the last year

With this green certification, AFI Europe became the largest developer of office buildings and shopping centers certified.

Mendeleev Office 5 office building attracts two new tenants on 780 sq m

Mendeleev Office 5, an office building located in the heart of Bucharest, has signed two new leases, for a total area of 780 square meters. This transaction can be considered a performance, given the current situation in the office market worldwide.

ATOSS Software leases 2,000 square meters of office space in Vox Technology Park

ATOSS Software, one of the most important software companies active in western part of Romania, leased 2,000 square meters of office space in Vox Technology Park from Timisoara.

Pain Plaisir - artisan bakery opens a new production space in Sema Parc

River Development, the developer of the integrated project Sema Parc, leased to MAISON MORIES, the operator of artisanal bakeries "Pain Plaisir", an area of 1,000 square meters in one of its buildings in Sema Parc, for production.

One Cotroceni Park obtains the building permit for the residential component

One United Properties company obtained the building permit for the residential component of the One Cotroceni Park project, a real estate project with a mixed function, currently under development on the site of the former Ventilatorul platform.

Globalworth releases the 2020 annual report

Globalworth, the leading office investor in Central and Eastern Europe, has released its Annual Report and Audited Consolidated Financial Results for the year ended 31 December 2020. The company’s clear strategic approach to the COVID-19 business recovery process has resulted in balanced growth, with a net operating income increased by 6.5% to €157.3 million and a total combined portfolio value which remained effectively unchanged at €3.0 billion.

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