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REAL ESTATE

Rezidor to open a new Radisson Blu to open in Timisoara

2018-01-16 17:10:03
The Rezidor Hotel Group announced the signing of the Radisson Blu Hotel, Timisoara. This takes the group’s portfolio in Romania to four hotels, with two in operation and two under development ...

REAL ESTATE

AFI Europe Romania to receive 22 million Euro development loan for AFI Tech Park phase 1

2017-12-20 16:42:09
AFI Europe Romania has signed a financing agreement of 22 million Euro with Bank Leumi Romania for the development of phase 1 of AFI Tech Park, the newest business park the company is currently ...

REAL ESTATE

Unirii View office project is starting to take shape in the centre of Bucharest

2017-12-18 11:09:55
Unirii View, the project which will be the tallest modern office building in downtown Bucharest, is starting to take shape.

REAL ESTATE

Immochan to finalize the second phase of Coresi Business Park in 2018

2017-12-12 12:49:51
Building N1, belonging to the second phase of Coresi Business Park, has been completed in September 2017 and is fully leased. Azets, Accenture, Intech and Waters occupy the entire building, with...

REAL ESTATE

Quick Service Restaurant 1 Minute signs lease agreement in AFI Tech Park

2017-12-07 13:26:51
AFI Europe Romania concluded a new lease agreement for AFI Tech Park Business Campus. The new tenant is LS Travel with their concept store "1 Minute", who leased a space located on the ground fl...

REAL ESTATE

Immofinanz closes the sale of the Russian retail portfolio

2017-12-07 11:40:23
Immofinanz has successfully concluded the sale of its retail portfolio Moscow to the Russian FORT Group. The transaction closed in St. Petersburg.

REAL ESTATE

CBRE: Bucharest university centres attract new business poles

2017-12-06 16:43:43
Most new investments in office buildings have been concentrated around Bucharest's university centres, which have become increasingly attractive for real estate developers, CBRE shows.

REAL ESTATE

Forte Partners to develop Aviatiei Park following 12 million Euro funding from Banca Transilvania

2017-12-06 13:57:37
Local real estate developer Forte Partners will develop the residential project Aviatiei Park after a funding of 12 million Euro from Banca Transilvania.

REAL ESTATE

Iulius opened a new office building in Openville Timisoara

2017-12-05 11:06:50
The Iulius Company completed a new office building spanning on over 13,000 sqm in Openville Timisoara, the mixed-use project the company develops together with Atterbury Europe near Iulius Mall....

REAL ESTATE

AFI Europe Romania has signed the first lease agreement for AFI Tech Park with World Class

2017-11-28 13:43:23
AFI Europe Romania has signed the first lease agreement for AFI Tech Park, the company's newest business park developed in Bucharest. World Class Romania will be the first tenant of the campus, ...

REAL ESTATE

AFI Europe Romania posts net operating income of over 37 million Euro in the first nine months

2017-11-24 12:26:33
AFI Europe Romania published its financial results, with the net operating income from its income producing assets in Romania of over 37 million Euro in the first nine months of the year, 10.4 p...

REAL ESTATE

Openville Timisoara to open in the fourth quarter of 2018

2017-11-21 10:45:26
The Openville Timisoara development, the largest mixed-use project in the west of Romania will be opened in the fourth quarter of next year, upon completion of the first phase of development. Th...

REAL ESTATE

CTP starts CSR project for the workforce market nearby Bucharest

2017-11-16 14:59:25
CTP is starting a social responsibility program that aims to facilitate a series of meetings between high school students and representatives of important companies that are tenants in the parks...

REAL ESTATE

Impact launches Luxuria Domenii Residence with 630 apartments in Bucharest

2017-11-15 11:17:35
Impact has launched Luxuria Domenii Residence, a residential project comprising 630 apartments in the north of Bucharest.

REAL ESTATE

PPT Preturi pentru tine is moving to City Offices

2017-11-14 15:29:23
PPT Preturi pentru tine, the Romanian clothing and footwear retailer, active on the Romanian market since 2006, moved to the City Offices office building, part of the Globalworth portfolio.

REAL ESTATE

Conadi sold two-thirds of the first phase of Arcadia Apartments Domenii residential project

2017-11-10 13:20:13
Conadi real estate consultancy company announced it has sold two-thirds of the first phase of the Arcadia Apartments Domenii residential complex, just two and a half months after the beginning o...

REAL ESTATE

CTP acquired Phoenix Logistics Center for 7 million Euro

2017-11-09 17:10:07
CTP acquired Phoenix Logistics Center with approximately 7 million Euro from the Dutch company LSREF3 Alpha Dutch Holdings B.V.

REAL ESTATE

Sonae Sierra recorded a total net profit of 78 million Euro in the first nine months of 2017

2017-11-09 14:19:49
Sonae Sierra recorded a net profit of 77.8 million Euro in the first nine months of 2017, compared to the 92.6 million Euro recorded in the same period of 2016.

REAL ESTATE

P3 hands over new warehouse at P3 Bucharest park to E van Wijk

2017-11-03 10:42:20
Pan-European logistics property investor-developer P3 announced the handover of a new warehouse at P3 Bucharest to customer E van Wijk. The 13,900 sqm logistics facility is a class A building an...

REAL ESTATE

Immofinanz sells several lands in the Adama portfolio

2017-11-02 12:52:42
Immofinanz, one of the largest real estate investors in Romania, announced the sale of two land plots in Bucharest and Voluntari from the Adama portfolio.

REAL ESTATE

Bucharest and Prague, first choices for new retailers entering the CEE market

2017-11-02 11:53:36
Bucharest has attracted more than 20 new retailers from all around the world in its biggest shopping centres, sharing the first place with Prague in a top of CEE cities which attracted new retai...

REAL ESTATE

AFI Europe Romania starts the leasing campaign in the office project AFI Park Brasov

2017-11-01 15:28:17
AFI Europe Romania announces the start of the leasing campaign in the AFI Park Brasov Class A office project. The company is already in advanced discussions with two potential tenants totaling 4...

REAL ESTATE

Real estate developer Zacaria announces the expansion of its industrial park in Oradea

2017-11-01 12:29:27
Real estate developer Zacaria announces the expansion of Western Industrial Park in Oradea with a new warehouse of more than 6300 sqm, already commissioned by a German investor in the process of...

REAL ESTATE

CTP reached a total asset value of 364 million Euro in the first nine months of 2017

2017-10-30 12:30:30
CTP, the leading premium industrial parks developer and long-term manager in Romania and Central and Eastern Europe, entered the last quarter of 2017 with results that exceed the previous progno...

REAL ESTATE

Vastint Romania opened the Timpuri Noi Square mixed-use project

2017-10-27 10:04:23
The Timpuri Noi Square opening event, hosted by Vastint Romania, took place in the 1,800 sqm premises leased by Fratelli in Timpuri Noi Square, were the Group will shortly open Biutiful Downtown...

REAL ESTATE

New record for the office market: 50% of the TLA concluded in Q3 2017 was represented by new demand

2017-10-26 15:08:53
About 49% of the total leasing activity (TLA) in Q3 was represented by new demand, a record high for the local office market, CBRE data reveals. This is also a record for the past years, this be...

REAL ESTATE

CTP acquires Chitila Logistic Park for over 17 million Euro

2017-10-06 09:17:07
CTP continues its growth by acquiring a logistics park, situated near Bucharest, Chitila Logistic Park (CLP), following an investment of 17.3 million Euro (CLP). The transaction was concluded in...

REAL ESTATE

CTP to invest over 150 million Euro for CTPark Bucharest West by the first quarter of 2018

2017-09-27 16:46:10
CTP continues to strengthen its status on the domestic market through a series of important investments in the development of CTPark Bucharest West. The total investment in the CTPark Bucharest ...

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.

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