STRABAG selected general contractor for The ARC, Bucharest's new landmark office building
The ARC will offer 30,000 square meters of premium office space in a strategic location, and the construction is schedules for completion in 2026.
The ARC will offer 30,000 square meters of premium office space in a strategic location, and the construction is schedules for completion in 2026.
The Italian restaurant Sciccheria, the coffee shop Steam, gelateria Velocita, and French Revolution have leased a total of 375 sqm of retail space.
The management and maintenance costs of the office buildings in Colliers Romania's Asset Services portfolio increased by 9% last year compared to 2022.

The current conflict in Iran may only have a marginal impact on the global economy, according to an opinion by stock exchange broker Investimental.
Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.
The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.
Romania continues to lag significantly behind the European average regarding the modernisation of its rail infrastructure.
Romania's Ministry of Finance has announced a new spring edition of its Tezaur government bond programme, offering citizens attractive investment opportunities with annual interest rates reaching 7%.