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Articles

Knight Frank appointed leasing agent for the future office building in Stefan cel Mare area in Bucharest

Real estate consultant Knight Frank was appointed as exclusive agent of the office project built by the developer Forte Partners at the crossroad of Ştefan cel Mare Road with Tunari St..

Japanese Yokogawa renewed third time the lease for Novo Park offices

Japanese company Yokogawa, active in the automation and industrial processes control fields, renewed for the third time the lease for its offices in Novo Park, controlled by Genesis Development.

Katarzyna Zawodna appointed Business Unit President for Commercial Development Europe

Katarzyna Zawodna succeeds Claes Larsson as Business Unit President for Skanska Commercial Development Europe as of January 1, 2016.

CBRE study: With risk-free rates exceptionally low, property yields continue to fall across all sectors

European commercial real estate markets saw further yield contraction in Q3 2015 across all property sectors, reflecting growing investor demand and very low bond yields, according to the EMEA Prime Rents and Yields survey from global property advisor CBRE.

Skanska sells Building B of Green Court Bucharest office project to Globalworth Real Estate Investments for EUR 47 M

Skanska has sold Building B of the Green Court Bucharest office complex. The property has been acquired by investment company Globalworth Real Estate Investments, which already owns Building A. The Green Court Bucharest scheme is Skanska’s first office development in Romania.

TRANSLOG Connect Congress 2015: Shaping the logistics industry in two days

Logistics demand is directly tied to general economic conditions, and following a turbulent period the industry has been relatively stable for the past years. In this current state of stability, the time has come to focus on the next cutting edge innovations: logistics and supply chain management are facing another technological revolution.

CE casts a stern look on Romania’s fiscal changes

According to a report released by the European Commission, Romania’s economy is expected to continue its growth in 2016 and consolidate it in 2017, but warns that the stimuli contained in the Fiscal Code puts it at risk.

Interview with Mr. Sorin Visoianu, Country Manager Office & Logistics Romania and Bulgaria at IMMOFINANZ

IMMOFINANZ, one of the largest office owners on the local market and the developer of a new business project in the heart of the office district in Bucharest, is for sure a precious source of information regarding the local market’s current situation and future trends. Pundits say the real estate market in Romania gives healthy signs of recovery and growth. We interviewed Mr. Sorin Visoianu, Country Manager Office & Logistics Romania and Bulgaria for IMMOFINANZ, in order to see how one of the largest office owners prepares for the changes on the market.

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