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Articles

aSpace expands in Pipera amid growing demand for flexible office spaces

aSpace, one of the largest Romanian-owned operators of co-working spaces and serviced offices in Romania, is expanding its Global City Business Park office space in the north of the capital. The company currently owns 1,400 square meters of rentable space in this building, used by clients from industries such as IT, agriculture, professional services, transportation, automotive, etc.

One United Properties posts a consolidated turnover of 70.7 million euros and a gross profit of 22.6 million euros in Q1 2025

One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 70.7 million euros in Q1 2025 and a gross profit of 22.6 million euros, while the net profit for the three months stood at 19.3 million euros.

Schindler Romania Relocates Headquarters to Modern Business Garden Bucharest

Leading elevator and escalator manufacturer, Schindler Romania, has moved its central office to the state-of-the-art Business Garden Bucharest. This transaction, facilitated by real estate advisors CBRE Romania, highlights the continued demand for high-quality office space in the capital.

Leroy Merlin Leases 4,000 Sqm in Floreasca Park office building in Bucharest

DIY giant Leroy Merlin has secured a significant 4,000 sq. m office space lease in Floreasca Park, a move that underscores the continued attractiveness of the Floreasca – Barbu Vacarescu area, Bucharest's second-largest office hub, for major businesses. This deal, brokered by Cushman & Wakefield Echinox, highlights ongoing activity and demand for quality office environments in prime Bucharest locations.

One United Properties Secures Funding for Major New Office Hub in Bucharest's North

Romanian developer One United Properties has successfully raised €6.5 million in fresh capital to support the construction of One Technology District, a significant new office building in northern Bucharest designed to host Infineon's largest R&D centre in Southeast Europe.

iO Partners launches Asset & Portfolio Sustainability Services in strategic alliance with Walvius Partners

iO Partners has announced the launch of its new Asset & Portfolio Sustainability Services, developed through an exclusive cooperation with Walvius Partners, a leading energy and sustainability consultancy. This strategic alliance enhances iO Partners’ commercial real estate advisory capabilities across the Central and Eastern European (CEE) region by fully integrating sustainability expertise into its service offering.

€400 million financing to transform former Carbochim industrial site into Rivus mixed-use development in Cluj

Iulius Group, owned by Romanian entrepreneur Iulian Dascălu in partnership with South African investment firm Atterbury Europe, has secured over €400 million in financing from a banking consortium backed by the European Bank for Reconstruction and Development (EBRD). The funds will support the transformation of the former Carbochim industrial platform in Cluj-Napoca into a landmark mixed-use real estate project named Rivus.

8 out of 10 employees foresee better teamwork this year, but want clearer recognition of their merits

Employees expect to work better in the office with their colleagues this year, as they anticipate working conditions similar to or the same as in 2024. At the same time, however, most believe that employers should better recognize their merits and contributions, according to a survey conducted by Genesis Property—one of the leading office building owners in Romania—among 1,175 respondents nationwide.
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