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RICS Romania: 10 pct. Growth of the Office Area Transacted in Bucharest

RICS Romania: 10 pct. Growth of the Office Area Transacted in Bucharest

The office area transacted in Bucharest this year will exceed 250,000 sq. m, with 10% growth compared to last year, with outsourcing, IT and pharmaceutical companies being the most active sectors, representing three quarters of the rentals, according to a research of RICS Romania.

New Leases in West Gate and Novo Park: 5,000 sq. m Offices for SocGen and UniCredit

New Leases in West Gate and Novo Park: 5,000 sq. m Offices for SocGen and UniCredit

The office parks West Gate and Novo Park, developed by the company Genesis Development, reached 94% and respectively 99% occupancy rates, following the signing of new rentals for a total area of 5,000 sq. m of two existing tenants, Société Générale and UniCredit Business Integrated Solutions

Bucharest Office Vacancy Rate Grows in 2014 and Drops in 2015

Bucharest Office Vacancy Rate Grows in 2014 and Drops in 2015

The office vacancy rate in Bucharest will increase next year with 1.2 pct. to 14.7%, and will decrease to 14% in 2015, the office stock registering 20% growth between 2013 and 2015, a research of Cushman&Wakefield (C&W) showed.

Armeneasca Business Center is fully let

Armeneasca Business Center is fully let

The last available spaces of the office building Armeneasca Business Center were leased by two companies active in the financial services field: Acces Financial, with an area of 530 sq. m and Grant Thornton Tax, with 376 sq. m.

Tenants are looking for offices with prices between EUR 10 and EUR 12/sq. m/month

Tenants are looking for offices with prices between EUR 10 and EUR 12/sq. m/month

The tenants are currently looking at office spaces with prices between EUR 15-EUR17/sq. m/ month, but they are closing the deals for EUR 10-12/sq. m / month, a research of the company Romtor Real Estate shows.

How much spends a company with 200 employees for offices in Bucharest and in other European capitals

How much spends a company with 200 employees for offices in Bucharest and in other European capitals

The companies renting typical office portfolio in most of the European capitals can save up to 30% by adapting the space use to the best practice of the local markets, according to DTZ information.

Approx. 70% of Pipera offices are rented by large corporations

Approx. 70% of Pipera offices are rented by large corporations

Approx. 70% of Pipera office spaces are rented by large corporations, according to a research made by Global City Business Park, released on Tuesday to AGERPRES.

How Much Money the Biggest Real Estate Projects Owners are making in Bucharest

How Much Money the Biggest Real Estate Projects Owners are making in Bucharest

The office buildings and commercial centres owners in the main Bucharest areas such as Piaţa Victoriei, Băneasa, Dimitrie Pompeiu or Militari, are annually cashing out from rents more than EUR 340 million.

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