about us | newsletter | contact | archive | members area
BOGDAN PADIU, TEAMNET GROUP
We will increase our focus on growth in the private sector, bringing innovation to the a»
  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  |  3098 Views
Daily Info
The absorption rate of EU funds, 78.74pct for the period 2007-2013

The absorption rate of EU funds is calculated at 78.74pct for the period 2007-2013, Minister of European Funds Aura Raducu stated yesterday in a press conference. the Minister...

New country manager appointed at Enel Romania

Enel operations in Romania are set to be led by Georgios Stassis following Country Manager Toni Volpe’s stepping down from his current role to pursue a management position o...

Orange Romania will have a new CEO starting May this year

As of May, the telecom operator Orange Romania will have a new chief executive officer, Liudmila Climoc which currently holds this position at Orange Moldavia.

EBRD increases stake in BVB to 5.12 per cent

The European Bank for Reconstruction and Development (EBRD) has increased its stake in Bucharest Stock Exchange (BVB) to 5.12 pct, through the purchase of 10,000 BVB shares on...

Coface expects Romanian economy to advance 4.2 per cent in 2016

Coface is expecting Romanian economy to advance 4.2 percent with zero contribution from agriculture in 2016, under a basic scenario, Coface Services Director and Senior Econo...

 
 
   
advertising

advertising

advertising

advertising

advertising

advertising

More on Features
Czech Investments Roundtable:

Romania's picture will keep heading towards a positive direction, as turning back is quite difficult, echoed the Czech community present at the first edition of the "Czech ...

Romanian capital: The journey goes on

Romania is seen by foreign investors as the most attractive and stable market within South Eastern Europe in which to invest nowadays, with major advantages in terms of lab...

Outsourcing Today: Will robots overtake the BPS business?

Romanian and international business services leaders say automation is only here to help, to upscale human work and to ensure progress. As most of the industry repetitive p...

ORANGE - When digitalization becomes the standard

The Diplomat - Bucharest's talks with Jean-Francois Fallacher, CEO Orange Romania, to reveal how Orange is planning to connect everyone to what really matters to them

In Vino est Prosperitatis

After an estimated six years of constant and relevant growth of the wine business in Romania, the taste for good wines emerged together with exigencies. The Diplomat - Buch...

Romania's hospitality market: Already glowing, still growing

Romania's hospitality industry is putting the pedal to the metal in terms of volumes this year, especially in the leisure segment, but the rates are still lagging behind ot...

Nuclearelectrica: A Romanian brand

When it comes to nuclear energy, Romania is top of the performance chain. Set up in 1998, Nuclearelectrica is today one of the most important producers in the country, cove...