Articles - office rentals

Alpha Bank extends the lease for West Gate office park in Bucharest until 2026

West Gate business park, owned by Genesis Development, a company controlled by local entrepreneur Liviu Tudor, extended the lease agreement with Alpha Bank for another eight years until 2026.

Three new tenants for Sema Parc and Sema Office in 2017

River Development, the company that manages and develops the real estate projects of Sema Office and the Sema Parc Industrial Park, attracted three new tenants in 2017: Mega Image, Praktiker and Studio Moderna.

Office space leased in Timisoara, up 12% over the previous year

Timisoara has experienced a significant volume of office space rented in the first nine months of this year, over 32,000 square meters, up 12% over the same period last year.

ING Bank will relocate its headquarters to the Blue Rose Office Park in northern Bucharest

ING Bank will consolidate its operations and relocate its headquarters in Bucharest to Blue Rose Office Park, the newest project of Portland Trust, which is being developed in the North of Bucharest, Expozitiei Area.

It will be a good second half of the year for the Bucharest office market

The significant increase in interest from international investors looking for the best formats of cooperation with local developers sends a powerful message to the market in Romania’s capital city. Importantly, the above mentioned interest applies not only to the office sector, but also to the retail and logistics ones.