DOINGBUSINESS.RO

  |  2013-02-08

Lease contract in the context of the new stipulations of the Civil Code bring significant changes in the relationship developer - tenant

In 2012-2014 it is necessary to renew and renegotiate lots of lease contracts for office spaces, according to studies published by companies that provide real estate services

For example, according to a study published by the Department of Assessments and Consultancy of Colliers International Romania, is estimated that over 750,000 sqm of office space could become vacant in Bucharest during this period. However, we are reffering to a process that could put into difficulty both sides, due to new regulations stipulated in the Civil Code, which entered into force in October 2011.

 

Please read the entire article in Romanian, here.

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