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Articles - office buildings

HAGAG Development Europe to collaborate with Global Vision for H Victoriei 109 office project

The real estate developer HAGAG Development Europe and the company Global Vision have signed a collaboration agreement aimed at providing property management services for the H Victoriei 109 office project. Thus, Global Vision takes over the management of the property located on Calea Victoriei.

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Returning to the office: Measures implemented by Vox Technology Park from Timisoara

Vox Property Group, the developer and owner of Vox Technology Park office building from Timisoara, launched a comprehensive campaign meant to implement preventive and security measures, taking into consideration the returning of the tenants, along with the ending of the national State of Emergency on May 15th.

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Forty Management & Investments to reconvert building in Bucharest to office center

The Poșta Puișor building in Bucharest will be reconverted to office building, following an investment by the real estate developer Forty Management & Investments, a company founded in 2015 by Lucian Azoiței and Tudor Bădițescu.

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Tenant experience brought up to next level

Vincent Vallois MRICS, Co-Founder of Online Real Assets – CEE Partner of Spaceflow tenant experience application – sees the market from a new perspective. Online Real Assets has just launched Spaceflow in Romania and they see great potential and momentum for a space-as-service transition of the commercial real estate market.

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Bucharest’s areas with the highest number of apartments in construction in the vicinity of office projects

Over 7,000 apartments should be delivered in 2019 in Bucharest in the immediate vicinity of an office project, according to ”home _ office Report 2019” issued by real estate consultant SVN Romania. Also, another 10,000 units could be launched in these areas in the next 12 – 18 months.

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The evolution of the Bucharest office market can impact values with plus or minus 5%

Bucharest’s modern office stock increases with over 500,000 sqm in 2019 and 2020. According to analyses by real estate consulting company Colliers International Romania, these dynamics of the office market could generate variations in the office buildings’ market values of plus or minus 5% during the indicated period. To measure these possible changes, three factors were considered: the average vacancy rate, the level of the incentives packages that owners offer to tenants and yield compression.

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CBRE continues to manage the Campus 6.1 building

CBRE has been mandated by the CA Immo investment fund to provide property management services for the Campus 6.1 office building, located in the central - western area of Bucharest, being the first time when CA Immo outsources property management services for a project in its portfolio.

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Colliers, assigned property manager for the Dedeman owned office complex The Office, in Cluj-Napoca

The managed office portfolio in regional cities exceeds 100,000 sqm

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