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Articles - office rentals

The top of the office areas: where it was registered highest activity in the first six months

The relocation transactions volume increased in the first semester with 61 pct., while the renewals decreased with 33 pct.

Canadian Telus rented half of AFI Park 3 office building

Canadian company Telus, externalized services provider, rented nearly 6,000 sq. m offices in AFI Park 3 building, currently in construction near AFI Palace Cotroceni mall in Bucharest, where it will relocate starting the beginning of next year.

ZF Study: Best Business Centres in Bucharest

Victoria Center building on Calea Victoriei, Sky Tower near Promenada mall and the business park AFI Business Park near AFI Palace Cotroceni mall are the office projects in Bucharest gathering most of the criteria on the list of the companies looking for offices, according to a ZF study based on the answers from eight real estate consultancy companies.

Genpact leases remaining 3,000 sqm in United Business Center Tower

United Business Center Tower, developed by Iulius Group in Cluj-Napoca, has reached a level of occupancy of 100 percent after Genpact announced it leased the remaining 3,000 square meters in the office building developed by Iulian Dascalu’s company.

French group Sanofi to move its Romanian headquarters to Skanska’s Green Court office complex

French group Sanofi, one of the largest pharmaceutical groups on the Romanian market, will move its local headquarters to the Green Court office complex developed by Swedish group Skanska.

Rented offices reached 132,000 sq. m in H1, 27 pct. growth compared to 2013

The office area transacted in Bucharest in H1 2014 totalized 132,000 sq. m, with 27 pct. growth compared to the similar period of last year, most of the transactions being completed for existing buildings, respectively 40 pct of the total.

Hochland relocate its Bucharest office to Magheru One

German group Hochland, with a turnover exceeding EUR 49 million on the local market last year, rented 470 sq. m within the office building Maghe­ru One downtown Bucharest, where it will relocate its sales, marketing and supply chain departments which are currently hosted by a building in Floreasca area.

Bucharest’s largest office transactions in H1 2014

The mobile phone operators Voda­fone and Orange were the protagonists of the most important transactions on the office market in the first semester, signing leases for spaces situated within two office buildings in construction in Barbu Văcărescu – Floreasca area, where they will relocate approx. 3,000 employees.

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