about us | newsletter | contact | archive | members area
Walter Friedl, Lacerta Winery
This year, we are focusing on several export markets like Germany, UK, Denmark and China»

The real state of office real estate

A few years ago developers were eagerly building office space. Now the vacant stock is generating total monthly losses of EUR 6 million for its owners By Roxana Cristea

October 2011 - From the Print Edition

5 Photos
However, builders and agents are optimistic and hope that in the near future the market will recover, after big companies announced their arrival in Romania, the construction of new projects began and the market started to see pre-lease contracts again.
“Soon we will start to build a new project in Piata Presei Libere – a 26-floor green office building of 35,000 sqm which will require an investment of about EUR 60-70 million,” Shimon Gallon, general manager of GTC, told The Diplomat-Buchare...

To continue reading this article you have to be registered
The content that you are trying to view is available only for the registered users.
If you want to read this article now, please subscribe for FREE
New user Already registered ?
As a registered user you will have a lot of benefits.
      Forgoten password

There are 0 comments:

Validation Code

0 Comments  |  2236 Views
Daily Info
Pitesti gets new buses with EBRD money

The European Bank for Reconstruction and Development (EBRD) is helping to modernise public transport in the Romanian city of Pitesti with a RON 58.5 million loan (13 million E...

Regina Maria Foundation raises 65.000 euro for a social policlinic

The recently held gala From Heart to the Futureorganized for the second year by Regina Maria Foundation raised funds worth 65.000 Euro that it would be used to extend the proj...

NEPI puts 6 million Euro in refurbishing Aurora mall in Buzau

The South-African fund NEPI would secure 6 million Euro for modernizing the Aurora Shopping Mall in Buzau, acquired by the fund from former owner, Romanian businessman Dan Ost...

Ikea shop in Bucharest posts sales of 106 million Euro

The Bucharest-based shop of Swedish retailer Ikea announced it achieved sales of 106 million Euro between September 2013 and August 2014, a 6.45 per cent increase compared to ...

World Bank: 5 out of the 6 indicators of the Worldwide Governance Indicators for Romania growing in 2013 against 2012

Five out of six indicators in the composition of the Worldwide Governance Indicators for Romania, calculated by the World Bank, are growing in 2013 against 2012, according to ...





More on Features
Austria trusts Romania and seeks strong ties

Before ending his four-year mission in Romania in mid-September, Michael Schwarzinger, the Austrian Ambassador to Bucharest when the interview was conducted, discussed with...

Romania's nuclear bridge to the 2030s

European agenda

On May 28, 2014, the European Commission published its recommendations for the establishment of a European Energy Security Strategy. The core of...

The Austrian - Romanian link. How strong is it?

In mid-September, The Diplomat-Bucharest and Austrian Business Club organized the "Focus on Austrian commitment to Romania" conference to highlight the economic bonds that ...

Sino-Romanian business: re-Orienting?

This year, it appears that China moved closer to Romania; not that the geography has changed in the meantime, but due to seemingly more frequent signs of business which con...

Sprechen Sie Business

With a long-established economic tradition on the Romanian market and 11 per cent share within the overall local FDI, German investors set a benchmark in local economy, box...

The German Konfidence

Romania is still very attractive for German companies and is perceived as a good business location, and if asked, the majority of companies would invest in Romania again. T...

Lower energy consumption should be seen with caution, but has a silver lining

The drop in electricity and gas consumption has sparked heated debates during the "Energy Consumption Decline-Threat or Opportunity?" conference, organised by The Diplomat-...