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Office Market News

Former industrial platforms in Bucharest continue to generate among the highest number of land transactions

The land market in Bucharest has remained active over the past 12 months, in terms of acquisitions made by residential, logistics and retail real estate developers by particularly targeting the former industrial platforms within the city, which provide easy access, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Forte Partners completes U Center 2 office building in Bucharest

Real estate developer Forte Partners recently announced the completion of the U•Center 2 office building in Bucharest, two years after the works started.

The number of sold properties increased in H1 2023, but the average price per asset decreased by more than 50%

The number of sold income – generating real estate properties (office, retail, industrial & logistics spaces and hotels) during the first half of 2023 increased by 30% when compared with the same period of last year, but the average price per property decreased from €24 million to €11 million. Therefore, the transactional volume has seen an y-o-y decline of 43%, to a level of €181 million, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

UniCredit Romania extends lease agreement for the iconic building on Expoziției Boulevard

Globalworth, the leading office real estate investor in Central and Eastern Europe (CEE), is delighted to announce the extended lease agreement with UniCredit Romania for the distinguished UniCredit HQ building.

Interviews

Hotspot Skyhub, office spaces for the future generation - interview with Tudor Popp, Founding Partner Hotspot

Hotspot Skyhub, the second professional Hotspot hub, located in Orhideea Towers, will open in the last quarter of 2022. We spoke to Tudor Popp, Founding Partner, about the challenges of this project and the details of the investment.

On the importance of professional cleaning after the impact of SARS-COV-2 pandemic

An interview with Sandor Nagy – General Manager Nilfisk Romania & Hungary

Transactions

Date Business Center Tenant m2 Agency
2023 Q3 Record Park E.ON Business Services Cluj 3500
2023 Q3 Green Court Bucharest A TDCX 800
2023 Q2 City Gate Tower South British Council 430 CBRE

More Transactions »

Best of 2023

  • Largest Rental:

    Globalworth Square - , with 10000m2 rented space

  • Most Active Office Building:

    Globalworth Square, 1 db rentals, with 10000m2 rented space

  • Most Active Agency:

    , 0 transactions, transactions total space: 30300 m2

Contact Us

Do You Have Any Questions?

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Alexandra Ioana Pascariu

+40 72 516 7274


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