ESOP

Splay Office Building Has Only Three Vacant Floors Opened

Splay Office Building is an elegant boutique building with two exits to two boulevards – one to Splaiul Dâmboviței, between Izvor and Eroilor metro stations, and the other to Mihail Kogălniceanu Boulevard, opposite the Faculty of Law in Bucharest. According to an ESOP monitoring, the anchor tenant is the international retail chain, Jysk, and the […]

Bucharest Office Market Snapshot Q3 2019

Overview In the third quarter of 2019, two new office projects were completed In Bucharest, with a total GLA of 59,000 sqm, of which around 78% is already pre-rented. The demand was high in other cities as well, 33% of the total net take-up being located in Cluj-Napoca, Timisoara and Iasi. Download the Office Market […]

by Mirela Raicu
29 October 2019
Real Estate Reports

Office Buildings in Central ZACA Area and Projects Outside the Area With Bans for Polluting Cars

Update 24.10.2019 The Capital City Hall approved the introduction of the vignette in Bucharest. Downtown, cars under Euro 3 (Non-Euro, Euro 1 and Euro 2) will not be allowed next year, and from 2021 nor those below Euro 4. All cars under 5 euros will pay a vignette to drive on the other streets, outside […]

What Is the Vignette Introduced in Bucharest, What Areas It Covers and How Much It Will Cost

From 2020, the polluting cars, which have norms below Euro 3 (Non-Euro, Euro 1 and Euro 2) will no longer be allowed to drive in the central area. Their owners will have to pay a vignette, a tax to be able to travel on the other streets of the city, which will cost from 5 […]

World Class Rented a 1.355 sqm Space in Sema Parc, Through Esop

The future fitness club in Sema Parc will be part of a commercial and service hub, within the project, where there are also restaurants, a Food Truck area, a Mega Image store, and an Entertainment area – dance and climbing lessons or table tennis. Offices for prelease are also available within the complex. The transaction […]

by Mirela Raicu
17 October 2019
Recent Transactions

Work Begins on the U Center, the Office Project Between Two Parks

The U-Center project has a privileged position, being centrally located, in the Tineretului area, between Tineretului Park and Carol Park, near Gheorghe Șincai College and very close to Tineretului metro station. The complex is intended for companies for which the well-being of the employees prevails. Development Phases The U Center will be developed in two stages. It […]

Business Garden Bucharest Has an Anchor Tenant: BCR

The Business Garden Bucharest project has entered on a straight line, adding the finishing touches and signing contracts at a fast pace. The last large tenant confirmed by the developer is BCR, with a space of 14.000 sqm. Business Garden Bucharest is 65% occupied. According to ESOP monitoring, there are three Class A office buildings, […]

by Mirela Raicu
19 September 2019
Recent Transactions

Iulius Town, the Most Spectacular Project in Timisoara, Is Ready

Iulius Town (formerly known as Openville) is an integrated project with last-generation office buildings, parks with abundant vegetation, a skateboard area, a children’s carousel, a mall, and new blocks of modern housing. Everything in a flagged concept (flag, representative n.a.), which offers unique life experiences, both at the office and at home. A novelty is […]

In Amsterdam, the City Hall Abolishes Car Parks, Replacing Them With Bicycle Parking and New Green Areas

Amsterdam City Hall wants to reduce 11,200 car parking spaces by 2025 by reducing the number of accredited parking permits. In this city, only 22% of residents use their car to go to the office every day, most of them using bicycles. As a result, there is always a need for new bicycle parking spaces […]

Medlife Rented a Space of 2.300 Sqm, Through ESOP

The headquarters chosen by MedLife is in Victoriei – Ion Mihalache area and the rental transaction took place in the second quarter of 2019. The business center has a total rentable area of 4.814 sqm, disposed on the ground floor, and three floors, of which the largest provider of health services now occupies half. “In […]