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Articles - office rentals

DTZ: 108,000 sq. m office rented in H1 2014 – highest volume registered for a semester since 2008

Office space in the Capital totaled 2.114 million square meters at the end of June, with 3 percent of the area represented by new deliveries.

Siemens invests EUR 4.5 million in R&D center in Cluj

Siemens announced on Monday it will expand its local presence in the IT field, by opening a new R&D center in Romania in Cluj, under the brand of its subsidiary Evosoft. By 2017, the company intends to hire over 210 people, who will work on global projects in software and product development for Siemens’ four sectors.

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.
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