ESOP

Equilibrium, a New Skanska Project, Next to Promenada Mall

Skanska, one of the largest international developers operating in Romania, is building a new statement office project in the Barbu Văcărescu area of Bucharest: Equilibrium, which will have two large office buildings, delivered in two phases. The first phase, the building Equilibrium 1, is under construction and provides a 12-level office building, with retail spaces on the […]

First Phase of The Bridge Project To Be Ready This Fall

The construction works at The Bridge business park, in the Orhideea-Grozăvești area, are on schedule and are rapidly advancing, the developer announces it being raised eight levels out of the 13 (2S + P + 10) of the first phase of the office project. The first phase of The Bridge will have a total area […]

Authorities Eliminate Tax for of Ownership Transfer of Cheap Housing and Land

As of today, February 1, 2017, transactions with land and buildings are exempt from the property transfer tax, if they fall within the ceiling of 450,000 lei (about 100,000 euros, at the current exchange rate). A tax of 3% of the transaction price is applied to properties with a value higher than this amount. Still, the […]

by Maria Neda
1 February 2017
Real Estate News

ISHO Offices Timisoara – a Glimpse Into a Landmark Project

The ISHO Offices project will be built on the shore of the Bega River, in the central area of Timisoara. It consists of the construction of a state-of-the-art office building with a total area of 50,000 square meters. The building is integrated into a mixed set of office, residential, hotel, and retail areas. ISHO office […]

West Gate Currently Has 100% Occupancy

Societe Generale European Business Service, one of the main West Gate’s tenants, has expanded its rented space by 4.000 sqm, with this transaction reaching a total rented area of 12.700 sqm. Thus, the West Gate project has occupied all the office space for rent for the time being. The West Gate office project is in the Militari […]

by Mirela Raicu
23 January 2017
Recent Transactions

Flexible Offices in Olympia Tower, Decebal Area

The Olympia Tower building stands out among the neighboring buildings, in height (it has 12 floors) and the fact that it has access to two large boulevards. The offices are located near Piața Muncii metro station, in the central-eastern area of Bucharest. In Olympia Tower, there are flexible surfaces for rent offices, from 250 sqm to […]

What Office Buildings Were Put Into Use in Bucharest in 2016 and What Will Follow in 2017

The office market is rich, and tenants now have where to choose from at the crossroads of the years. Only last year, class A and B office buildings were delivered, with a total area of 280.000 sqm, as all the previous three years (2012-2015). And in 2017, we estimate that office building with a total […]

2016 Overview: The Offer Is Overgrowing, and Customers Have a Choice

The beginning of 2017 brings good news for companies that are looking for office space: the offer has grown, last year office spaces came on the market as in the last three previously. Office spaces deliveries in Bucharest reached 280,000 sqm in 2016, as in the entire period 2012-2015. And in 2017, we estimate that […]

by Maria Neda
9 January 2017
Real Estate News

Top American Companies With the Best Measures for a Healthy Office Lifestyle

US HR studies show that the stressful work environment affects about 42% of Western employees, which leads employers to consider taking measures to ensure a healthy environment increasingly. What do companies do to reduce stress at work and keep them healthy and make their employees happier? First, they think about welding them into a team as […]

by Maria Neda
23 December 2016
Workplace Trends

Campus 6 Offices, Near Polytechnic University, Kicks Off the Construction Works

The Campus 6 office space project envisages the construction of a total area of 81,550 sqm, in 11-storey tower office buildings, in four stages of development, with deliveries between 2018 and 2022. 1,000 parking spaces will serve the offices. Campus 6, Skanska developer, is located in the Polytechnic area, in the newly created business center […]