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Articles - transactions

Equilibrium 1 reaches 100% occupancy rate of the office area

SMS Metallurgy Romania chooses Equilibrium 1 to relocate its office in Bucharest and thus occupies the last available office space in the first building of the Equilibrium complex developed by Skanska in the Northern area of ​​the Capital.

ADP extends its lease contract in Gara Herastrău office building

ADP Romania prolonges its lease contract for another 5 years in Gara Herăstrău, a building part of the Globalworth portfolio. The total surface operated by the company is 8,300 square meters.

One United Properties acquires 5 hectares of land for a new mixed-use development, One Cotroceni Towers

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, announces acquisition of a 44,863 sqm plot of land located at Soseaua Progresului 56-80, in district 5, Bucharest. One Cotroceni Towers will be developed on this plot, a new mixed-use development that will feature the highest residential towers in Bucharest, after the landmark success of the development of One Cotroceni Park.

Global tech supplier Expleo leases 3,000 sqm in Palas Campus Iași

The business hub to be developed in downtown Iași upon completion of Palas Campus, the largest office building in Romania in terms of area, will also include Expleo, a global engineering, technology and consulting company.

Equilibrium 1 announces a new tenant: FlyGo

The European online travel agency FlyGo is relocating its Bucharest offices to Equilibrium 1, the first building of the Equilibrium complex developed by Skanska in the Northern area of ​​Bucharest.

Egis has rented an office space within America House

French engineering and construction group Egis has rented 1,100 sqm office space in America House in Bucharest. The Romanian branch of the company will move into its new headquarters in the summer of 2023.

Global Vision has acquired Nova Building, which will be transformed into a smart sustainable building

Global Vision has acquired Nova Building – an office property located in Northern Bucharest (Dimitrie Pompeiu area), with a constructed area of 8,300 sq.m. Following the acquisition, the building will be refurbished to incorporate sustainable features, it will undergo a rebranding process, and its new name will be Corner Office Building. The overall value of the investment is expected to exceed 12 million euros.

The CEE property investment market returned to growth in 2022

The total volume invested in income-producing real estate assets – office, retail, logistics and industrial spaces and hotels – in the Central and Eastern Europe returned to growth last year, a positive evolution mainly driven by the activity recorded in Romania and Slovakia.
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