Bucharest office space stock is among the “youngest” in Europe, but also in CEE, with an average age of around 11 years, which is a plus for owners in retaining and attracting new tenants, being the least exposed to the risk of becoming obsolete technologically, from the point of view of construction and sustainability standards in the next 5-6 years, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.
The Macroeconomic Confidence Index of CFA Romania Association plunged in November by 13.5 points to 31.4 points, the lowest level since July 2020, shows the association’s latest survey.
Clifford Chance Badea and Clifford Chance Frankfurt have assisted Erste Group Bank A.G. and ING Bank N.V. as Joint Lead Manager and Co-Arrangers, and BT Capital Partners, as Co-Manager, in the deal whereby CEC Bank raised EUR300 million from international markets via the latest MREL bond issue.
Computer and electronics retailer Flanco will open its fourth store of Ploiesti on Friday, December 6th and by yearend reach 16 Flanco Smart Discounter stores.
Luiss is a small furniture producer of Targu-Ocna, which has worked with four and five-star hotels, with Swissotel hotel of Poiana Brasov as its latest project.