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Articles - office rentals

The Office Market in 2013: 22% Growth of Transacted Area

The rent transactions of the office spaces in Bucharest totalized in 2013 approx. 300,000 sq. m, with 22% growth compared to 2012, the relocations, the renegotiations and the renewals representing over 80% of the market, according to Esop Consulting.

Procter&Gamble extended its lease in Iride Business Park

Procter&Gamble has extended its lease in the office complex Iride Business Park, owned by aflat Immofinanz Group. Therefore, Iride Business Park will host five more years the headquarters of Procter&Gamble.

Scuta, JLL: Several companies decided to expand in Romania. Our expectations have been exceeded

The office market registered a visible growth in 2013 compared to 2012, which went parallel to the economic growth.

Is real estate market in recovery? Good signs for 2014

The real estate market is still in standstill, but signs of a slow recovery exist, the officials of The Insolvency House Transilvania (CITR) said.

Liviu Tudor: In 2014 we could assist to important office transactions

In 2014 many of the leases for offices spaces signed in 2009 will expire and the ones signed in 2010 will near their maturity, so we could assist important transactions, considering 2009 was a generous year in new office deliveries.

Cloud Research Studio rented 1,300 sq. m offices in Stefan cel Mare district in Bucharest

The office building where the company Cloud Research Studio (CRS) will relocate is situated in the vicinity of the metro station Stefan cel Mare, in a quiet area and includes underground, ground floor and four upper floors.

Webhelp extends its activity in Bucharest, renting an additional 1,500 sq. m office space in Victoriei Square

French company Webhelp, active in BPO and outsourcing, extends its Bucharest operations by renting new office space in Premium Plaza office building in Victoriei Sq. area, announced The Advisers/Khight Frank, the broker of the transaction.

Endava Rented more than a Half of the United Business Center Tower in Cluj

The IT services company Endava will occupy an area of approx. 5,220 sq. m in United Business Center Tower in Cluj-Napoca, representing six of the total ten floors of the office building situated in the vicinity of Iulius Mall.
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