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Articles - transactions

Cognyte, a global leader in investigative analytics software, leases 1,600 square meters in U•Center 2

Cognyte, a global leader in investigative analytics software, has leased 1,600 square meters of office space, assisted by CBRE, in U•Center 2.

Bucharest office take-up hits record level in 2023

116,000 sq. m of office spaces were leased in Bucharest in Q4 2023, thus bringing the total 2023 transactional volume to over 463,000 sq. m, an all – time annual take-up record, according to data from the Cushman & Wakefield Echinox real estate consultancy company. The volume in question increased by 43% y-o-y, with a 19% growth also being recorded when compared with the previous benchmark of 390,000 sq. m set in 2019.

Romania is among the most active mergers and acquisitions markets in Central and Eastern Europe

The mergers and acquisitions (M&A) market in Romania slightly decreased in volume in 2023 compared to the previous year, but maintained its value, according to an analysis conducted by Deloitte Romania. The number of transactions with values over 5 million euros analyzed by Deloitte Romania was 130 last year, compared to 157 in 2022, when the local market reached a record level.

Genpact Remains in Hermes Business Campus

Adventum Group, a Hungarian-based fund manager, has announced the extension of their partnership with Genpact Romania, the Romanian branch of a global professional services firm.

Securitas relocated its offices to @Expo office complex developed by Atenor

Securitas, a global leader in security services, relocated its offices in Romania to @Expo office complex developed by Atenor in the Expozitiei area of Bucharest, in a transaction brokered by the Cushman & Wakefield Echinox real estate consultancy company.

River Plaza – An increasingly attractive and important office destination in Timpuri Noi Hub

Located in the center of the capital, River Plaza, an office building that was certified Breeam in Use, Very Good level, is recognized as an increasingly attractive and important office destination in Bucharest.

Total investment volume drops 60pct in Romania to about EUR 500 mln in 2023 compared to previous year

2023 was a challenging year for the real estate investment market. According to an analysis by Crosspoint Real Estate, Romania attracted investments worth around EUR 500 million, 60% less than the previous year.

Mastercard, PAID and an IT & C Company Renew their Leases in the America House Office Building

America House announces the extension of the lease contracts with three companies, which occupy more than 2,000 sqm of office space.

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