Historic palace reopens as office building in Bucharest

01
Oct
2018
News - Historic palace reopens as office building in Bucharest #Activ Property Services #Bucharest #office #redevelopment #Romania

by Property Forum | Office

The former Stock Exchange Palace, a historic heritage building located in the centre of Bucharest, has entered into a full process of commercial redevelopment.


Built at the beginning of the 20th century at the suggestion of King Carol I, the building was the headquarters of the Stock Exchange during the interwar period and afterwards the headquarters of the National Library of Romania. In 2008, the building was returned to the Chamber of Commerce and Industry of Bucharest.
 
The building is located at the junction of Doamnei and Ion Ghica streets, across the National Bank of Romania and the new DoubleTree by Hilton hotel which is also an historical building that was refurbished and extended.
 
Activ Property Services, member of GVA Worldwide and the exclusive agent of the project, has provided letting services for all the available spaces afterwards the Chamber of Commerce has occupied the second floor and part of the building’s third floor.
 
The retail spaces located at the building’s ground floor have been leased by Toan's (134 sqm), a Vietnamese restaurant chain, La Vita e Velo (104 sqm), a bicycle retailer specialized in top English brands, along with Forma Art Café (150 sqm). All units are already fit-out and expect to open soon.
 
The first floor’s west wing (1,000 sqm) is used by NF Palace Old City Bucharest, a local operator's hotel that runs also other locations in the Historical Center. The last unit from the third floor is occupied by the architecture office of Metropolis.



Latest news


New leases

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.


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