High supply of boutique office space in Bucharest

04
Oct
2018
News - High supply of  boutique office space in Bucharest #Bucharest #ESOP #office #report #Romania

by Property Forum | Office

A record volume of boutique office space will be delivered in Bucharest by the end of this year, according to ESOP Romania’s press release.


By the end of 2018, eight boutique office buildings in premium locations with a total area of 31,949 sqm will be available on the office market in Bucharest. The floor area of these boutique office buildings ranges from 1,547 sqm to 7,500 sqm.
 
Tenants who have recently moved to boutique offices include German cosmetics retailer Douglas, credit card company Visa, the Norwegian Embassy, global management consulting firm AT Kearney, energy Total and news agency Mediafax.



Latest news


New leases

  • Sports Direct has leased 1,700 sqm in XOPark Sofia for its first Bulgarian store, in a deal brokered by CBRE.
  • LAPP Romania has renewed its lease for approximately 2,000 sqm within CTP Romania's CTPark Bucharest, in a deal brokered by iO Partners.
  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


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