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REAL ESTATE

DVD Residential Imobiliare launches Arcadia Apartments Domenii following a total investment of 100 million Euro

2017-09-26 14:20:47
DVD Residential Imobiliare starts the construction of the first large residential complex in Domenii area from Bucharest. Arcadia Apartments Domenii will be built in three stages and approximate...

REAL ESTATE

Zacaria develops the first private industrial park in Craiova

2017-09-22 11:36:29
The construction works on the new business park in Craiova are ongoing and the first 10,000 sqm of industrial space will be delivered by the end of the year, the Romanian real estate developer Z...

REAL ESTATE

CTP invests 15 million Euro in a new logistics park near Cluj-Napoca

2017-09-13 10:00:14
The industrial parks developer CTP invests 15 million Euro in the development of a new logistics park near Cluj-Napoca. CTPark Cluj II will be located in Floresti and will have a total leasable ...

REAL ESTATE

AFI Europe to develop AFI Brasov by 2019, its third shopping mall in Romania

2017-09-12 12:52:45
AFI Europe sets the cornerstone of AFI Brasov, the company's third shopping mall in Romania and announces the advancement of construction works.

REAL ESTATE

Colliers International appoints Sebastian Dragomir to lead the office department

2017-09-06 14:09:49
The real estate consultancy company Colliers International strengthens its office spaces consultancy team by hiring Sebastian Dragomir for the position of Office Advisory Director.

REAL ESTATE

Ropharma launches HIpark mixed use project in Iasi following an investment of 39 million Euro

2017-09-05 12:53:58
Ropharma announces the launch of a new mixed-use project of offices and residential, with a full range of services and retail space, the estimated investment being amount to approximately 39 mil...

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REAL ESTATE

Estic Park to invest six million Euro for another 103 apartments in the second district of Bucharest

2017-09-04 14:45:21
Estic Park, the residential project from the second district of Bucharest, will build another 103 apartments with six million Euro, after selling 70 per cent of the first phase of the project in...

REAL ESTATE

CTP invests 18 million Euro to buy two logistics parks in Romania

2017-08-31 14:17:33
CTP invests approximately 18 million Euro in the purchase of two properties in Ineu and Salonta from the Slovak-based company IPEC Group. Together, the properties comprise a total land area of 1...

REAL ESTATE

Office vacancy drops below ten per cent in Bucharest for the first time since 2009, says C&W Echinox

2017-08-30 12:09:06
Office demand continued to be consistent in the first six months of 2017 and the level of new supply was limited compared with H2 2016. The vacancy rate in Bucharest dropped for the first time s...

REAL ESTATE

Immofinanz's net profit reached 105.3 million Euro in the first half of 2017

2017-08-30 10:50:18
Immofinanz recorded a significant increase in net profit to 105.3 million Euro in the first half of 2017 (H1 2016: -243.3 million Euro), a press release shows.

REAL ESTATE

Renault Romania began works for its future headquarters in Bucharest

2017-08-28 14:23:06
The works for the future headquarters building of Groupe Renault Romania in Bucharest - Renault Bucharest Connected (RBC) - have begun today in the presence of Yves Caracatzanis, Managing Direct...

REAL ESTATE

CTP invests over 13 million Euro for the expansion of CTPark Timisoara

2017-08-25 11:11:55
CTP, the industrial parks developer, invests over 13 million Euro in the extension of CTPark Timisoara with 32,000 sqm, due to the increasing demand in the Western area of the country.

REAL ESTATE

Colliers International, assigned Property Manager for The Landmark office project

2017-08-24 11:29:35
The real estate consultancy company Colliers International was assigned by Piraeus Bank to offer property management services for the office project The Landmark, in the central area of the Capi...

REAL ESTATE

Sinziana Pardhan to become new country head for P3 Romania

2017-08-24 11:06:12
P3, one of Europe's leading logistics property investor-developers, has promoted Sinziana Pardhan to the role of Country Head in Romania. Pardhan, who was recently appointed as Acquisitions Dire...

REAL ESTATE

Commercial property investments in Romania reached 530 million Euro in the first six months

2017-08-22 10:17:42
In H1 2017, the total volume invested in commercial property in Romania reached 530 million Euro, compared to 370 million Euro during H1 2016, a 43 per cent increase, according to a report issue...

REAL ESTATE

AFI Europe Romania posts increasing net operating income in H1 2017

2017-08-21 13:35:12
AFI Europe Romania published its H1 2017 financial results, generating a Net Operating Income (NOI) from its income producing assets in Romania of 25 million Euro in H1, representing 11.5 per ce...

REAL ESTATE

E van Wijk agrees new lease at P3 Bucharest park

2017-07-24 12:42:25
Pan-European logistics property investor-developer P3 has signed a deal with Logistic E van Wijk, provider of integrated transport and logistics services, to lease 10,180 sqm of warehouse space ...

REAL ESTATE

Industrial spaces demand up by 50 per cent in H1 2017, says JLL

2017-07-24 11:07:57
The total demand for industrial and logistics space continued to grow in the second quarter, so that by mid-year the leased area exceeded 350,000 square meters, 54 per cent more than the similar...

REAL ESTATE

IULIUS and Visma Software sign deal for 4,200 sqm in UBC 3 building within Openville Timisoara

2017-07-20 15:24:26
The IULIUS Company and Visma Software, a Norwegian developer of business management software solutions, have signed a lease agreement for office premises within the United Business Center 3 (UBC...

REAL ESTATE

C&W Echinox recruits Anamaria Tihu to expand its industrial department

2017-07-20 11:55:10
Cushman & Wakefield Echinox consolidates its industrial department by recruiting Anamaria Tihu, a specialist with over 10 years' experience in sales. Anamaria Tihu will act as a Senior Consultan...

REAL ESTATE

Globalworth to develop new headquarters for Groupe Renault Romania

2017-07-12 11:32:20
Globalworth Real Estate Investments announces the acquisition of a 57,000 sqm land plot previously owned by Coca-Cola HBC Romania and the development of Groupe Renault Romania's new headquarters...

REAL ESTATE

Portland Trust reached almost 80 per cent occupancy rate for Oregon Park project

2017-07-10 11:34:58
Portland Trust, one of the most important real estate developers in Romania, announced a leasing contract for 35,000 sqm of office space in Oregon Park, accounting for 78.6 per cent of the total...

REAL ESTATE

Israeli developer SBR to start second phase of New Point residential project in Bucharest

2017-07-06 13:48:10
Israeli-based real estate developer, Shikun & Binui RED, announces that has sold 50 per cent of the first phase from the residential compound New Point, localized in Pipera, North of Bucharest a...

REAL ESTATE

Skanska to develop new office project in Bucharest

2017-07-05 14:00:12
Skanska starts the construction of the first phase of the Equilibrium office project, located in the northern part of Bucharest, in the Barbu Vacarescu - Floreasca area. The first building will ...

REAL ESTATE

AFI Europe Romania receives LEED Platinum pre-certification for AFI Tech Park business campus

2017-07-04 16:46:05
AFI Tech Park, the newest office project developed by AFI Romania, achieved LEED Platinum pre-certification, the most prestigious recognition awarded by the United States Green Building Council ...

REAL ESTATE

Globalworth to become the sole owner of the Green Court Bucharest Campus

2017-06-30 10:39:45
Globalworth Real Estate Investments has announced the acquisition of Building "C" of the Green Court Bucharest campus developed by the Swedish group Skanska, a press release shows. The gross tra...

REAL ESTATE

Colliers International to manage Phoenix Tower and Construdava office buildings in Bucharest

2017-06-29 13:54:03
The real estate consultancy company Colliers International Romania was appointed by the Adam Europe Group to take over the management of Phoenix Tower and Construdava office buildings, a press r...

REAL ESTATE

Colliers to manage Art Business Center, the building with one of the largest private hospital in Romania

2017-06-20 13:40:46
The real estate consultancy company Colliers International was assigned by Hili Properties group to provide property management services for the Art Business Center office project, which houses ...

REAL ESTATE

Liberty Center reached 70 per cent occupancy rate in the last six months

2017-05-16 10:10:26
The occupancy rate in Liberty Center Shopping Mall reached a level higher than 70 per cent in the last six months, after attracting new tenants for 18 per cent of the shopping centre's area, dat...

REAL ESTATE

Land transactions volume reached record high last year in Bucharest, says C&W Echinox

2017-05-10 16:15:17
Last year, in Bucharest the total land area transacted was of 110 ha, the highest volume recorded in the last ten years, according to C&W Echinox. In terms of value, land transactions amounted 1...

REAL ESTATE

Bucharest total office space take-up reached 100,000 sqm in Q1

2017-05-08 15:56:17
Q1 2017 saw class A & B take-up reach approximately 97,300 sqm, according to Knight Frank Romania. There were 9,550 sqm delivered in two projects in CBD (Central Business District), and the aver...

REAL ESTATE

Logistics and industrial spaces close to full occupancy in Q1

2017-05-02 11:35:29
Vacancy rate for logistics and industrial spaces in Bucharest is close to zero, with low deliveries of new projects and high demand in the first quarter. According to data from JLL Romania, only...

REAL ESTATE

Cushman & Wakefield Echinox expands its retail department with new appointment

2017-04-26 14:52:57
Cushman & Wakefield Echinox consolidates its retail team by recruiting Dana Radoveneanu, a specialist with six years of experience of the local retail market, a press release shows.

REAL ESTATE

P3 continues P3 Bucharest park expansion, starting new warehouse in 2017

2017-04-11 16:02:37
Pan-European logistics property investor-developer P3 started the construction of a new warehouse at P3 Bucharest park. The 13,900 sqm logistics facility will include 400 sqm of offices. P3 is a...

REAL ESTATE

P3 expansion in 2017 starts with 243 million Euro Spanish portfolio acquisition

2017-04-10 15:45:09
Pan-European logistics property investor-developer P3 has started its latest phase of expansion with the acquisition of a 322,500 sqm portfolio of 11 logistics and distribution warehouses in Spa...

REAL ESTATE

Almost 100,000 sqm industrial property deals brokered by JLL in T1

2017-04-10 11:37:29
Real estate consultancy JLL Romania has brokered almost 100,000 sqm industrial and logistics deals in T1, for companies such as Profi, NOD, Tibbett Logistics, KLG and Kuehne + Nagel.

REAL ESTATE

Immofinanz recorded a loss of 182 million Euro for 2016 financial year

2017-04-07 14:40:19
Immofinanz group posted a loss of 182 million Euro for abbreviated 2016 financial year, the result negatively influenced by Russia and valuation effects, a press release shows. Net profit (inclu...

REAL ESTATE

Retail market in 2017 to be dominated by strip malls and new retail concepts, says Colliers

2017-04-05 14:10:05
Romanian retail market will continue to grow this year, with 180,000 sqm to be delivered, according to data from Colliers International. The biggest retail amount is represented by strip mall pr...

REAL ESTATE

Unirii View office tower to be completed in Q2 2018

2017-04-03 14:26:15
Unirii View, the 18,000 sqm office tower developed by Belgian investor Yves Weerts in downtown Bucharest, is advancing steadily and the underground works are expected to be finalized in Q2 2017....

REAL ESTATE

Helios Phoenix extends on Romanian market by acquiring Millenium Logistic Park

2017-03-27 13:02:57
Greek developer Helios Phoenix extends its Romanian portfolio by acquiring Millenium Logistic Park. The industrial park located in Popesti Leordeni with 12,000 sqm of warehouses will be renamed ...

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