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Articles - office rentals

Bucharest, down three positions in the top of the world’s most expensive office markets

Bucharest went down three positions, to 45th, in the top of the world’s 67 most expensive office markets, although the level of rents in central zone has slightly increased in 20013, according to a study of the real estate consultant Cushman&Wakefield.

First building in Hermes Business Campus, to be completed in March. Xerox, Litera and Fribourg Capital, among tenants

The first of the three buildings included in Hermes Business Campus, the office park developed by Atenor Group in Bucharest, will be delivered by the end of March, has announced Colliers International, the property manager of the complex.

Office spaces rented outside Bucharest: huge growth in 2013

The area of the office spaces rented outside Bucharest has increased four times last year, to 23,128 sq. m, Cluj-Napoca occupying the first places considering the transactions volume, according to Esop Consulting.

Metro Systems Romania will extend its rented surface in Brasov Business Park

Starting March 1st 2014, METRO SYSTEMS Romania S.R.L., a subsidiary of METRO SYSTEMS GmbH, offering support in the business with their IT competence in developing and operation, will extend its operations in Brasov by renting an additional surface of 77,28 sq.m. to the actual rented surface of 224,5 sq.m.

CBRE: IT&C companies lease over 100,000 sqm of office space in Bucharest in 2013

Almost 300,000 sqm of office spaces were leased last year in Bucharest, marking the highest volume of transactions ever recorded in the capital, according to CBRE.

Horatiu Florescu, The Advisers/Knight Frank: 2014 will be a year of pre-leases

The office pre-leases will register a revival in 2014, says Horatiu Florescu, the president of the company The Advisers/Knight Frank, in the context that in 2013 the volume of office pre-leases has decreased substantially compared to 2012, representing only 9% from the total transacted area.

Endava pre-leased 40% of the third office building in AFI Park

AFI Europe Romania signed the first lease in the third building in the office project AFI Park. The IT company Endava rented 40% of the rentable area in the office building AFI Park 3.

Spain joins Europe’s only independent Office Search portal

Following years of prosperity in the CEE region, during which hundreds of thousands of square metres of office space have been leased free of commission, the International Office Search Portal Network has now extended to Spain.

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