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Silviana Petre Badea Appointed Managing Partner JLL Romania

JLL has recently announced the appointment of Silviana Petre Badea as Managing Director of its office in Romania, effective since 1st of March 2017.

JLL Romania: Demand for office space in Bucharest up by 45 pct by yearend

Net demand for office space in Bucharest – meaning new space being leased by existing or new tenants – will total some 160,000 sqm by the end of the year, up by 40 percent against 2015, according to data from real estate consultancy JLL Romania. Gross demand, which also comprises renegotiations of existing leases, is forecast to reach 320,000 sqm, up by 30 percent y-o-y.

Investments in Romania’s real estate sector reach EUR 400 mln in nine months

The volume of investments in Romania’s real estate sector increased by over 6% in the first nine months of the year to EUR 400 million.

JLL: New trend on Bucharest office market in the first quarter - growing interest for Piata Unirii area

JLL Romania has brokered in the first quarter of 2016 office rental transactions totalizing 25,000 sq. m in Bucharest, Cluj-Napoca and Iași , a record level in the last 12 months.

JLL: Real estate investors are considering Romania, but are careful regarding the political situation and corruption

The good macroeconomic situation of Romania is known by the foreign real estate investors, present at MIPIM, one of the world’s largest real estate events. However the immergence of the politics to justice, the corruption, the long terms of commercial related trials, as well as the timid presence of the local investors on the Romanian real estate market are among their concerns when thinking about investing in Romania, according to a JLL study.

JLL Enters New Advisory Segment of the Market

Jones Lang LaSalle Romania recently obtained the functioning license from Great Britain’s Building Research Establishment, which allows the company to offer advisory services for green office buildings certification according to BREEAM British standard.

Scuta, JLL: We negotiate the rental of 7,000 sqm offices with new companies

The office request is mainly coming from the companies already existing on the market, but the consultants are negotiating also for companies entering now the Romanian market. Jones Lang LaSalle is currently in negotiations for 7,000 sqm offices for new entered companies on the local market, said Marius Scuta, the head of the office department within JLL.
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