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Forte Partners completes U•Center 2 office building in Bucharest

Forte Partners completes U•Center 2 office building in Bucharest
romania-insider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from romania-insider.com Daily Mail and Mail on Sunday newspapers.

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FORTIM assisted the innovation start-up Bob Concierge in relocating to the One North Gate Pipera office building

Offices - FORTIM Trusted Advisors, a Romanian company, member of the BNP Paribas Real Estate Alliance, has coordinated the relocation process for Bob Concierge, an

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Office market starts to recover as employees return to the workplace

Office market starts to recover as employees return to the workplace
business-review.eu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-review.eu Daily Mail and Mail on Sunday newspapers.

Romania generalCluj napocaCzech republicMadalina cojocaruRodica tarcavuAnca merdescuCushman wakefield echinoxGlobalworth squareRu centerIndustrial agencyColliers internationalInvestment services at colliersOffice parkOffice agency partner at cushman wakefield echinoxMillo officesForte partners

First signs of a come-back for the office market: increase in pre-lease transactions and decrease in renegotiations

The volume of leasing transactions on the Bucharest office market increased in the first quarter of 2021 to 48,000 square meters, a 9 percent decrease from the similar period of the previous year, when the Covid-19 pandemic was still on its early stages in Europe, reveals the research data of the real estate consulting company Cushman & Wakefield Echinox. However, compared to the second half of 2020, when the market witnessed a low activity of leasing transactions, while the companies postponed as much as possible taking important decisions regarding their office location, which led to an annual 40 percent decrease of the transactional volume, the first signs of stability can now be observed, given a 29 percent share of renewal contracts compared to an annual average of 45 percent in 2020. Moreover, the share of pre-lease contracts increased from 20 percent to 46 percent, which shows that some companies have outlined their post-pandemic working policy and are now in a position to ta

Romania generalCushman wakefield echinoxGlobalworth squareRu centerOffice agencyOffice parkMillo officesForte partnersWakefield echinoxOne cotroceni parkMiro officesTiriac towerDacia oneSema londonரோமானியா ஜநரல்உ மையம்

Bucharest office market posted steady return of demand in Q4 2020: C&W Echinox

In the last quarter of 2020, in Bucharest there were transactions of office spaces with a total area of 77,000 square meters, the highest quarterly value of the year, thus bringing the annual volume of transactions to approximately 237,000 meters squares, according to the real estate consulting company Cushman & Wakefield Echinox. Compared to the previous year, the transactional office area decreased by 39 percent, while the share of renewal contracts increased from 21 percent to 45 percent. The most important office project completed in the last quarter of 2020 was One Tower, with a leasable area of 24,000 square meters, part of the mixed project One Floreasca City, the total deliveries of new office spaces in 2020 totaling 155,000 square meters, a decrease of 46 percent compared to 2019.

Romania generalMadalina cojocaruCushman wakefield echinoxGlobalworth squareRu centerOffice agencyOffice parkOne towerOne floreasca cityWakefield echinoxOne cotroceni parkMiro officesDacia oneMillo officesSema londonரோமானியா ஜநரல்

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