about us | newsletter | contact | archive | members area
Meda Vasiliu, JW Marriott Bucharest
We have recently noticed the trend of increased city breaks mostly for the summer months»
  Features:      EDITORIAL   |   COUNTRY FOCUS   |   DECISION MAKERS   |   SECTOR ANALYSIS   |   BUSINESS LEADERS   |   EXPERTS PLATFORM   |

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.
 
 User
 Password
      Forgoten password



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  2472 Views
Daily Info
Dentons announces partnership with a Chinese law firm

With 6,500 lawyers and professionals in 120 locations, new firm answers clients' call for broader experience, deeper business knowledge and greater cultural insight around the...

PwC: M&A worth recorded 1.2 billion Euro in 2014

The market in Romania recorded mergers and acquisitions worth some 1.2 billion Euros in 2014, a level similar to that in 2013, according to a PwC Romania study.

MCV Report for Romania to be published today

The MCV reports for Romania and Bulgaria will be discussed today in the Commissioners College and will be published the same day, the spokesperson for EC, Mina Andreeva announ...

Van Groningen, Raiffeisen: We do not agree with administrative measure of credit conversion at another exchange rate

The conversion in lei of credits in Swiss francs as a result of an administrative measure is not accepted by banks as it is not necessary in all cases while costs affect depon...

GfK: Romanian confidence in economy prospects increased in 2014

2014 was the best year since the beginning of the crisis for the Romanian confidence in financial and economic prospects, incomes were stable, while the number of people who s...

 
 
   
advertising

advertising

More on Features
The future of telecom

In 2015 the world of telecom will be the perfect place to experience. According to Ovum studies and analysis, in 2015 one billion people will use mobile as their only form ...

Bucharest's top hotels: Capitalizing on modern times

In Bucharest, mainly a business travel destination, the five- and four-star hotel market players engage in competition, aimed at offering those premium services without whi...

Shared services, shared growth

The challenge of deciding which economy segment has really advanced in the last few years is only a matter of perspective. We merely have to look beyond the walls of office...

Automotive Leasing: Drivers' Education Beyond Your License

In an increasingly complex market with various factors to be considered, the operational leasing players have to find new resources to reach their clients, acting to tailor...

Vestas in Romania new steps for a consolidated position

With a strong organization and deep understanding of the business Vestas CEU Romania is fully prepared to acknowledge and accomplish our customer's needs building up long t...

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...