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.