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Articles - office rentals

SMARTBILL chooses RIVER PLAZA for its offices in Bucharest

One increasingly sought-after category of offices in recent years is that of “green” buildings, Class A, which are ecologically sustainable. River Plaza, a green building certified Breeam In Use at the Very Good level, serves as a benchmark for companies wishing to operate in a central area, in premium quality workspaces.

Office market: About half of leases signed in Bucharest during first half of this year were renewals

Leasing activity in the Bucharest office market in the first half of 2024 saw new demand rise by 7% year-on-year, reaching 64,000 square meters, while total demand slightly decreased to 160,000 square meters, according to Colliers’ report on real estate market developments for the first half of the year.

CPI Romania in 2024: new lease contracts for a cumulative area of ​​41,500 sqm in the office segment

CPI Romania, part of CPI Property Group, signed lease contracts in 2024 for a total area of ​​41,500 sqm, adding multinational companies active in key sectors of the economy to the local portfolio of offices, and maintained its average occupancy rate of retail projects at 98% as a result of investments in the remodeling of its shopping centers.

Companies leased new offices for around 8,000 employees during H1 2024, with a considerable new demand rebound

The net office take-up in Bucharest across Q2 exceeded the renewal and renegociation transactional volume for the first time during the last two years, with a positive impact on the average vacancy rate, given that no new office projects were delivered in H1, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

Radio ZU Lease takes MIRO Office Property to Full Occupancy

Hili Properties plc, the owner of the MIRO Office property in Romania has leased the last 1,540 square meters of office space to Radio ZU, one of Romania’s most popular radio stations, taking MIRO’s occupancy to 100%.

Sports HUB to set headquarters to YUNITY Park office project

Sports HUB, a non-governmental association specializing in the development of programs and events dedicated to sport and education, is establishing its headquarters in YUNITY Park, the office campus owned by Genesis Property, one of the most prominent office building owners in Romania. Sports HUB, the initiator of the GO Scholarship program, will occupy 770 square meters in building G of YUNITY Park, where a new innovation center will be inaugurated following a total investment of over 50 million euros in the campus.

Copeland Opens New 180-person Office in United Business Center Cluj-Napoca to Support Global Operations

Copeland, a U.S.-headquartered global provider of sustainable climate solutions, today announced the opening of a new office in Cluj-Napoca, Romania, to help meet the demand for sustainable heating and cooling solutions for Copeland’s European customers.

Atelierul de Slăbit Opens Fourth Center in Bucharest at Timpuri Noi Square

In the first half of 2024, Atelierul de Slăbit expanded with a new location within Timpuri Noi Square, a real estate complex developed by Vastint Romania, and is preparing to open its fourth and largest beauty center in Bucharest.

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