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Articles - office rentals

JLL: Floreasca, Downtown and Western Bucharest to maintain the highest office rates

Office space in Bucharest in Floreasca, Downtown and the western part of the city will maintain high prices, JLL experts advise. Half of all leasing activity is currently focused in these areas which will also see the most development in the near future.

British Council has secondary quarters in Magheru-Amzei area

British Council has recently opened new classrooms in a building situated on 2 Mendeleev St. in Bucharest, in the downtown area Magheru-Amzei.

DTZ: Bucharest boasts biggest CEE pre-lease transactions in H1

Bucharest saw two of the biggest pre-lease transactions of office space in the first six months of the year in the Central and Eastern European region, according to a DTZ report, quoted by Mediafax.

Esop: 70 pct of the office villas in Bucharest are refurbished historical buildings

Esop Consulting’s office rent transactions in villas reached a total volume of 5,246 sq. m, wit 3,707 sq. m being spaces in historical buildings.

The Germans from Deutsche Bahn to develop services centre in Pipera

German group Deutsche Bahn, with worldwide revenues of EUR 39 billion in 2013, will develop a service centre with hundreds of employees within Hermes Business Campus project in Pipera, where it has rented 2,000 sq. m in the first phase.

Ioannis Papalekas found the first tenant for Globalworth Campus, the company’s largest project

Real estate investment fund Globalworth, founded by the businessman Ioannis Papalekas, found the first tenant for Globalworth Campus, the largest office project to be built in its portfolio.

Colliers: New entries on the market will stimulate the office request in the next year

The first half of the year registered a revival of the tenants’ interest for new office spaces, and the new entries on the market are bringing even more optimism on this real estate segment, according to a study of Colliers International Romania.

EU Funds Ministry doubled its leased area in Tower Centre

The Ministry of European Funds nearly doubled the surface it’s currently renting in Tower Centre International, the office building owned by Ioannis Papalekas. The ministry rented nearly 3,900 square meters last year for EUR 1 million per year.

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