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SII Romania relocates to AFI Park 4&5 in Bucharest, on 1,500 sq. m

The technology and IT systems SII Romania rented 1,500 sq. m in the office building AFI Park 4&5 from Bucharest, where it will relocate starting with May, announced DTZ Echinox, the broker of the transaction.

Office request doubled in 1Q in Bucharest and large Romanian cities

Companies have transacted an office area almost double in the first quarter in Bucharest and main cities in Romania compared to the first months in 2015, with Iași signing the largest rent transaction in the above mentioned period, according to a study conducted by JLL. The BPO, IT&C and professional services companies continue to be the request main engine.

Second tallest building in Bucharest changes name

The office project Bucharest One developed by the Greek investor Ioannis Papalekas has been renamed Globalworth Tower.

IMMOFINANZ announces the acquisition of 26 pct. of shares in CA Immo and the beginning of the merger process between the two companies

With share purchase agreement dated 17 April 2016, IMMOFINANZ AG has agreed to acquire 25,690,163 bearer shares (corresponding to a participation of approximately 26%) in CA Immobilien Anlagen Aktiengesellschaft (“CA Immo”) from Terim Limited (Cyprus) and 4 registered shares in CA Immo from O1 Group Limited (Cyprus).

Foreign direct investment, down 13% year-on-year in Romania

Foreign direct investment totaled EUR 354 million in the first two months of the year, down by 13.4% compared to the ones recorded in the first two months of 2015, according to data from Romania’s National Bank (BNR).

Olympia Tower office building in Bucharest’ Piaţa Muncii, on sale

Bluehouse Capital tries to make its third exit after selling Victoria Center and Bucharest City Gate in the last year. They received a total of EUR 45 million.

EY: Romania M&A market came fourth in region last year. One deal in top 10

The local market for mergers and acquisitions (M&A) registered deals worth USD 3.6 billion last year, ranking fourth in the region, according to a report by professional services firm EY.

Residential market is up in Orhideea-Politehnică area in Bucharest, due to new office developments

The new apartments offer in residential compounds situated in the area Orhideea – Politehnică in Bucharest has exploded, as the plans announced by the office developers started taking shape. There are eight large office projects in different phases of construction and planning, developed by CA Immo, Forte Partners, Sema Parc and Vastint (Ikea), totalizing more than 170,000 sq. m office spaces and being scheduled for delivery starting with the second half of 2016 by 2018, according to data analyzed by ESOP.

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article.related.list.title

SII Romania relocates to AFI Park 4&5 in Bucharest, on 1,500 sq. m

Office request doubled in 1Q in Bucharest and large Romanian cities

Second tallest building in Bucharest changes name

IMMOFINANZ announces the acquisition of 26 pct. of shares in CA Immo and the beginning of the merger process between the two companies

Foreign direct investment, down 13% year-on-year in Romania

Olympia Tower office building in Bucharest’ Piaţa Muncii, on sale

EY: Romania M&A market came fourth in region last year. One deal in top 10

Residential market is up in Orhideea-Politehnică area in Bucharest, due to new office developments

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