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Articles - office rentals

GTC signs a long-term contract with British Council, to open a new learning centre in City Gate South Tower

GTC Romania, the leading real estate company in Central and Eastern Europe, announces the signing of a long-term contract with the world-leading cultural organization British Council in opening a new centre in north Bucharest, in the City Gate South Tower. Covering over 430 square meters, this is the first such centre in British Council's new approach regarding its presence in Romania. The transaction was brokered by real estate consultancy CBRE.

Globalworth secures new lease agreement with Banca Transilvania

Globalworth, the leading office investor in Central and Eastern Europe (CEE) announces today the signing of a lease agreement with Banca Transilvania. This agreement highlights one of the largest office leases in Romania this year, underlining the dynamic real estate market in the country and Globalworth’s leading role within it.

Sensience moves to the Maestro Business Center office building, in Cluj-Napoca

Sensience, a former Emerson division, bought by the One Rock Capital Partners investment fund, has leased a 386 sqm office space in the Maestro Business Center, a building located in the center of Cluj-Napoca. Advisory services for the lease transaction were provided by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

SkyTower Bucharest increases its tenant portfolio with two more companies

SkyTower, the tallest building in Romania, announces the signing of two new lease contracts, each for a period of 5 years.

WIREN Romania signs deal for 173 sqm space in MIRO office building

The MIRO, situated on one of the capital’s best-connected arteries, the București-Ploiești road, welcomes WIREN România, a sustainable manufacturer of energy-efficient products and solutions, as its latest tenant. WIREN România will occupy 173 square meters on the building’s ground floor.

Siemens S.R.L. will reach 20 years of occupancy in West Gate Business District with a new 5-year lease extension

Siemens S.R.L., the local subsidiary of the world-renowned German technology group, has agreed to extend its existing lease with Genesis Property, thus securing its presence in West Gate Business District for the next five years. This significant contract extension underlines the importance and long-term benefits of the solid and sustainable collaboration with Genesis Property and serves as recognition by Siemens of West Gate Business District as a high-class business hub with an exceptionally lucrative outlook.

The office market in the first three months of 2023: Bucharest attracts three quarters of the demand, followed by Timișoara, Iași and Cluj-Napoca

The largest modern office market was in Bucharest, where companies leased 75% of the total office space traded in the first quarter of the year, according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance. The rest of the office transactions were registered in Timișoara, Iași and Cluj Napoca.

eMAG Sets Up Headquarters in Globalworth Square in largest lease deal of the year

Globalworth, the preeminent office investor in Central and Eastern Europe (CEE) and the forerunner in the Romanian office market, announces it has signed an agreement with eMAG, CEE’s largest ecommerce platform, as a tenant in Globalworth Square.
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