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Office Market News

Silk District achieves the highest rating for environmental performance and building sustainability

Prime Kapital, a leading investor, developer, and real estate operator, obtained the BREEAM certification with the rating `OUTSTANDING`, for the first phase of the office component of Silk District, an impressive urban regeneration project developed in a fast-growing neighbourhood in Iasi. This is the highest rating for environmental performance and building sustainability awarded under BREEAM, the world’s leading science-based suite of validation and certification systems for a more sustainable built environment.

Private medical networks emerge as key tenants in Bucharest office buildings

The rapid expansion of the private medical sector is also reflected in the real estate field: the large networks of private medical clinics and hospitals in Bucharest currently occupy spaces with a total area of over 215,000 square meters, according to an analysis by the real estate services company iO Partners.

Demand for office spaces surged by over 60%, with transactions up to 1,000 sq. m being the most prevalent

The office market in Bucharest has shown a sustained demand growth in Q1, both in terms of the transacted volume and of the average lease size, amid an extremely limited new supply, according to data from the Cushman & Wakefield Echinox real estate consultancy company.

PPF's net profit rises to EUR1.45bn in 2023 from EUR164m in 2022

PPF group recorded a net profit of EUR1.45bn last year, its best financial result since 2008 when it booked gains from a transaction with Italian insurer Assicurazioni Generali and an increase from 2022's EUR164m.

Interviews

Hotspot Skyhub, office spaces for the future generation - interview with Tudor Popp, Founding Partner Hotspot

Hotspot Skyhub, the second professional Hotspot hub, located in Orhideea Towers, will open in the last quarter of 2022. We spoke to Tudor Popp, Founding Partner, about the challenges of this project and the details of the investment.

On the importance of professional cleaning after the impact of SARS-COV-2 pandemic

An interview with Sandor Nagy – General Manager Nilfisk Romania & Hungary

Transactions

Date Business Center Tenant m2 Agency
2024 Q2 MIHAI EMINESCU OFFICE 108-112 flydubai n/a Cushman & Wakefield Echinox
2024 Q2 Timpuri Noi Square KARL STORZ Endoscopy ROMANIA 1000 CBRE Real Estate Consultancy
2024 Q2 Sky Tower AJ CONSTRUCTION SRL n/a

More Transactions »

Best of 2024

  • Largest Rental:

    Hermes Business Campus - Griffes, with 29000m2 rented space

  • Most Active Office Building:

    Hermes Business Campus, 1 db rentals, with 29000m2 rented space

  • Most Active Agency:

    Griffes, 1 transactions, transactions total space: 29000 m2

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ALEXANDRA IOANA PASCARIU

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