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Articles - new office developments

Bosch completes EUR 21 mln office building within Cluj engineering center

Bosch inaugurated the second office building built within the Engineering Center in Cluj, following an investment of approximately 21 million euros, over a period of three years. The total investment, started in 2017, in the two buildings of the center in Cluj amounts to over 50 million euros.

Modern office stock in major regional cities exceeds 1 millon sqm

Developers finalized the construction of 83,000 sq. m of new office projects in the major regional cities (Cluj – Napoca, Timisoara, Iasi and Brasov) in 2023, as the modern office stock exceeded the 1 million sq. m threshold, representing around 30% of the corresponding total in Bucharest. Iasi is the only city which benefited from the delivery of office projects throughout 2023, as it overtook Timisoara and thus became the second – largest regional hub outside Bucharest, after Cluj-Napoca, according to the Cushman & Wakefield Echinox Office Market Regional Cities report.

Vastint Romania initiates the second phase of its real estate project Timpuri Noi Square

Vastint Romania announces the commencement of the second phase of its real estate project, Timpuri Noi Square, a significant urban regeneration project for the Timpuri Noi area, thus marking a important moment in the real estate industry in Bucharest.

One United Properties waits for permit to start works at One Technology District

ONE Technology District, the building of 20,000 square meters of leasable area, for which Infineon signed a 57 million euro contract with One United Properties for a period of 15 years, will be the developer's first flagship project without connection to the gas network.

One United Properties signs a 57-million-euro record agreement with Infineon Technologies

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces a significant office project to be developed for the listed German tech giant Infineon Technologies, a leader in designing and manufacturing semiconductors.

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 largest business hub in western Romania, in Iulius Town Timișoara

The largest business hub in the western part of the country, developed by IULIUS Company in the Iulius Town mixed-use complex, brings together some of the world’s strongest ‘intelligence’ providers in the automotive and technology industry.

Iulius opens Palas Campus, largest office building in Romania, after EUR 120 mln investment

Iulius Company opened Palas Campus in Iasi, eastern Romania, on April 25 - an urban regeneration project promoted as the largest office building in Romania. The investment amounted to over EUR 120 million, being the largest private investment in Iasi in the last decade, according to the developer..

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