News » February, 2011 » 2 February 2011
Most important offices to be delivered in 2011, 80% empty
02.02.2011, 23:17 | Real Estate | 949 views
The area of the new office buildings due to be finalised in Bucharest this year will halve against 2010, to 135,000 square metres, but real estate developers have not found tenants for these projects, either, for the time being. Thus, 80% of space will stay vacant, taking into account contracts inked so far. According to CB Richard Ellis (CBRE) real estate consultancy, the most important buildings scheduled for opening this year include Platinum Business & Convention Center, in Băneasa, Crystal Tower on Iancu de Hunedoara Boulevard, Swan Office Park of Pipera and Frumoasă Office Building and Magheru Plaza projects, two smaller buildings downtown. Read more on ZF.ro
|
Latest news in category Real Estate
The Romanian Development Ministry significantly increases fines charged to homeowners and local authorities who fail to carry out technical inspections and start rehabilitation works on buildings considered to have a high seismic risk. read more...
Bankrupt shopping center City Mall Bucharest will be put up for sale for the fourth time on June 10, in an auction starting at EUR23.58 million, some 30% less than the initial price of EUR33 million. read more...
City Mall shopping center in Bucharest, currently bankrupt, might find a buyer at the third auction, for a price of at least EUR 26.2 million, considering Casa de Insolvenţă Transilvania, the project's liquidator, sold a document detailing the conditions of contract to an interested investor. read more...
|
|
