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Articles - new office developments

H Victoriei 109, a project for a new Bucharest

An interview with Yitzhak Hagag, Chairman and Board Controller of the Hagag Group

Developers will deliver in the next 16 months almost 500,000 square meters of modern offices in Bucharest and the regional cities

The office market in Bucharest and in the major regional cities – Cluj-Napoca, Timișoara, Iași and Brașov – continues to develop, with local and foreign investors having projects under construction or scheduled for delivery with an area of approximately 500,000 square meters that will be put into use in the next 16 months, according to Bucharest Office Market and Office Regional Cities Reports, realised by the real estate consulting company Cushman & Wakefield Echinox.

One United Properties - capital increase of 25 million euros for One Cotroceni Park, the largest urban regeneration project in Bucharest

One United Properties has completed the capital increase process worth 25 million euros, for investments in the largest urban regeneration project in Bucharest, which is currently developing on the site of the former Ventilatorul factory: One Cotroceni Park. The company recently sold 30% of the companies that develop the office component of the One Cotroceni Park project for a capital increase that will be invested in the development of this project.

AFI Park Brașov, the office project in the heart of the city

AFI Park Brasov, the newest office project developed by AFI Europe Romania, is located in the heart of Brasov, on one of the main arteries, close to the historic center of the city.

The new demand for offices is declining, the occupancy rate remains constant

New office space delivered in the first half of the year reached nearly 105,000 square meters, in tune with Colliers International’s estimates, but total demand in Bucharest was down by nearly 28%, to a bit over 124,000 square meters, while new demand halved after an exceptional year, to under 45,000 square meters.

The developers plan 100,000 sqm of new offices on Calea Victoriei area of Bucharest

Calea Victoriei in Bucharest, an artery with a length of 2.8 kilometers located between Victoriei Square and United Nations Square, will continue to develop as an office and hotel hub in the coming years, with developers' plans to build seven new office buildings and six hotels as a result of investments that may exceed the threshold of 300 million euros, according to a study conducted by Cushman & Wakefield Echinox.

Bosch inaugurates the new office building of the Engineering Center in Cluj-Napoca

Bosch, a global leader in the provision of technologies and services, recently inaugurated the new office building of the Bosch Engineering Center in Cluj, located within the DaVinci Plaza campus.

The most expensive Bucharest parking to be reconverted to office building

Dragoş Dragoteanu, the owner of the Euroest Invest agency, wants to build a 15-storey office tower on Buzeşti Street in Bucharest, located near Victoriei Square and the Ţiriac Tower building.

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