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Articles - new office developments

Portland Trust announces the completion of J8 Office Park project

Portland Trust officially opened J8 Office Park project, located in the immediate vicinity of the Jiu subway station. The developer organizes a soft opening on Thursday 23rd, to acknowledge the formal completion and handover of the building from the General Contractor, Bog’Art.

Țiriac Tower - the newest office building in the center of Bucharest reaches an occupancy rate of 75% before its completion

Țiriac Imobiliare, part of the Țiriac Group, is completing the works for the Țiriac Tower office building, one of the reference buildings in the center of Bucharest. The premium office project reached an occupancy rate of 75%, prior to its delivery.

One United Properties entered into a financing agreement of EUR 78 million for One Cotroceni Park project

One United Properties S.A., one of the leading green developers of residential, mixed use and office real estate in Bucharest, announces entering into a financing agreement for up to EUR 78 million for the office component at One Cotroceni Park project.

Catinvest adds 16,000 square meters of GLA Class A offices within Electroputere Parc

Catinvest has obtained the necessary construction permit to start work on a new extension of Electroputere Mall. Starting in July, with a total investment estimated at 6 million euros, Catinvest will develop an expansion of the space allocated to restaurants in Electroputere Mall, adding 5 new restaurants, 3 of which will have private outdoor terraces, a new common terrace in open air that can be shared by restaurant customers and an additional 5,500 square meters of retail space.

HAGAG Development Europe starts construction works on Tudor Arghezi 21

Real estate developer HAGAG Development Europe starts construction works on its property near University square. H Tudor Arghezi 21 is the second office project that the company is developing on the local market, and the investment in the reconversion of the building will exceed EUR 4 MLN. The project is fully leased.

EUR 50 M Financing For One United Properties From Black Sea Trade And Development Bank

One United Properties announces an important financing from Black Sea Trade and Development Bank (BSTDB) worth EUR 50 million. This is a major step in the group’s business strategy and also a confirmation granted by an international financial institution after a process of thorough due diligence and verification of creditworthiness in several segments.

Office development market, resilient: MIRO, a new office project started by Speedwell in 2020

MIRO will offer tenants Class A office space with premium and innovative design, along with a comfortable work environment in a 5-storey building with a total leasable area of 23,000 square meters. Each level has a flat floor of 4,750 sqm, and the ratio of parking spaces to rentable area is 1:40.

Catinvest to open the first Class A office building within the Electroputere Parc Craiova

Catinvest opened the first class A office building in Craiova, in the Electroputere Parc shopping center, as part of its strategy to consolidate the project in the Oltenia region.

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