Mendeleev Office 5, an office building located in the heart of Bucharest, has signed two new leases, for a total area of 780 square meters. This transaction can be considered a performance, given the current situation in the office market worldwide.
The pandemic has changed our perspective and needs, and from 2020 the safety norms implemented by office buildings matter a lot for tenants when it comes tp rent new spaces - says Adriana Drăgoescu, CEO, RPHI Romania. In an interview for the Bursa publication, she emphasizes that the measures, efforts and strategy of an office building on safety rules are the top three criteria in decision making.
Portland Trust announced that it has earned the WELL Health-Safety Rating for its EXPO BUSINESS PARK in Bucharest through the International WELL Building Institute (IWBI). The WELL Health-Safety Rating is an evidence-based, third-party verified rating focusing on operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment now and into the future.
The year 2020 brought a series of radical changes in all areas of activity and irreversibly influenced the way we live, work, and interact. Given that the pandemic continues to cause problems in all types of spaces - industrial, commercial, office - facility managers now have a considerable responsibility in ensuring health safety. This expectation gives them the right time to upgrade their internal systems and take their facility management processes to the next level.
This year, two new boutique buildings with premium finishes, located in central areas, have been put into use or are being delivered. They will have a total area of 13,000 sqm class A office space. In the future, It is estimated that two more buildings of this type will be delivered next year, with a total area of 19,500 sqm.
Nearly three-quarters of landlords and tenants in the office market believe that the Covid-19 epidemics will continue to affect their operations and the overall business evolution will become satisfactory either in the second half of 2021 or in 2022, according to a survey conducted by Colliers International among more than 100 tenants and landlords on the Romanian office market.
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.
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