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Articles - office buildings

Skanska’s Equilibrium 2 sets new connectivity standard in Bucharest

Skanska's Equilibrium 2 in Northern Bucharest, the first building in Romania to achieve WiredScore Platinum certification for both development and occupied phases

Pipera Business Tower: A New Chapter for One of Bucharest’s Landmark Business Buildings

Softcon Real Estate, the real estate division of international tech group SoftConstruct – headquartered in Armenia – has officially taken over the management of Pipera Business Tower in Bucharest. The transaction, completed through the acquisition from Austrian group S+B, marks a new chapter in the life of one of northern Bucharest’s most iconic office buildings. “Pipera Business Tower is where we reconnect the office space with the real needs of today’s companies", said Georgiana-Teodora Costescu, Softcon Real Estate Representative.

New tenants within Arghezi 4 office building developed by Strabag Real Estate in city center of Bucharest

Cushman & Wakefield Echinox is pleased to announce that four local businesses – Sciccheria, Steam, Velocita, and French Revolution – are the newest tenants within the boutique office building Arghezi 4, located in the heart of Bucharest, near University Square.

Personal development or nutrition workshops and also product tastings are highly appreciated by the employees working in office buildings

Personal development and nutrition workshops, massage sessions and multisensory experiences such as cheese or ice cream tastings organized by office building landlords are highly appreciated by employees. These initiatives aim to create a work environment which encourages a gradual return to offices. The budget allocated for these actions can reach up to €10,000 per year per building, an amount which has a minor impact on the owners’ rental income.

River Plaza – increasingly attractive for tenants, due to its flexible and customized office spaces, a plus in the rental process

The River Plaza building, a class A office building, located in the Timpuri Noi Hub, has a unique design, easily noticeable in the urban atmosphere on the banks of the Dambovita river.

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.

Office rents in Bucharest increased by up to 16% in the last 12 months

Office rents in Bucharest increased by up to 15.8% in the last 12 months (June 2023 vs. June 2022), with the prime headline rent in the CBD area (Piata Victoriei – Aviatorilor)reaching €22.00/ sq. m/ month, an increase which also translated to other submarkets, according to data from Cushman & Wakefield Echinox.

One United Properties restoration portfolio to reach estimated 189 million euros upon completion

One United Properties (BVB: ONE), the leading green developer and investor in residential, mixed-use, and office real estate in Romania, publishes its Sustainability Report for 2022. The report highlights the company's progress in key sustainability areas, covering vast environmental, social, and governance aspects.

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