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Articles - transactions

Office vacancy rate, lowest level in the last six years

The office request has significantly increased in 2014, having as result the lowest level in the last six years for the vacancy rate, according to DTZ Echinox.

Qatar Embassy in Bucharest to relocate to new premises

The Embassy of Qatar in Bucharest relocated in Aviatorilor area, in the vicinity of Foreign Affairs Ministry, according to DTZ Echinox, the company which brokered the transaction.

PwC report: M&A activity in Romania stays at EUR 1.2 bln

The Romanian mergers and acquisitions market stood at around EUR 1.2 billion, in 2014, a similar level to that in 2013, according to a PwC Romania analysis.

Offices in Romania, 20 times cheaper than in Hong Kong

The office market in Romania is more than 20 times cheaper than in Hong Kong, which is the most expensive market in the world.

Omifa relocates to Northern Bucharest

Starting December, Omifa, the office fit-out solutions supplier, relocated its Bucharest office to Nova Buildingsituated in Northern Bucharest, in the proximity of Barbu Vacarescu Blvd. and of Calea Floreasca.

Attractive offices in Bucharest: Top buildings in 2014

In 2014, in Bucharest, three quarters if the companies rented offices in north: 59 pct. of the transacted spaces are in the central-northern zone and 17 pct. are in the northern area, according to a study made by Esop, based on the centralized data on the forum of the large real estate consultants.

IT services provider Luxoft expands Romanian offices to accommodate higher headcount

Swiss IT services provider Luxoft extended its Romanian headquarters, located in Novo Park office complex in Bucharest, by leasing an additional floor in the building, according to Genesis Development, Novo Park’s owner.

Europe House reaches 97 pct occupancy rate

Europe House office building has reached a 97 percent occupancy rate after closing a deal for 1,550 square meters with Arnia Software, according to DTZ Echinox.

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