about us | newsletter | contact | archive | members area
Hans Klemm, US Ambassador to Romania
"The Romanian economic environment has tremendous potential,"»
  What´s New      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

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 ...

REAL ESTATE

Office stock to increase by 350,000 sqm this year, says Colliers

2017-03-24 15:25:46
Romanian office market registered last year the highest rate of deliveries in the last seven years, and the upward trend will continue in 2017. This year, the stock of office spaces will increas...

REAL ESTATE

Investors pour more money into the booming CEE hotel industry, says Cushman & Wakefield

2017-03-20 16:13:46
The investment volume achieved in 2016 totalled almost 1.2 billion Euro with 46 transactions recorded in core CEE hotel investment markets, while in 2015 reached just over 700 million Euro with ...

REAL ESTATE

S IMMO AG completes the first phase of Sun Plaza remodelling

2017-03-20 15:52:54
S IMMO AG completes the first part of the remodelling process for Sun Plaza shopping centre in Bucharest. On March 23rd, the newly reconfigured area within Sun Plaza will open to the public, hos...

REAL ESTATE

AFI Europe Romania reached 46 million Euro net operating income in 2016, 15.5 per cent up compared to 2015

2017-03-15 15:26:01
The Romanian subsidiary of real estate company AFI Europe announced a 46 million Euro net operating income in 2016, up 15.5 per cent against the previous year, according to company data.

REAL ESTATE

DTZ Echinox rebrands as Cushman & Wakefield Echinox

2017-03-14 15:17:01
Cushman & Wakefield, a leading global real estate services firm, has signed an exclusive arrangement with DTZ Echinox as its affiliate in Romania. The formal affiliate appointment follows the 20...

REAL ESTATE

Sonae Sierra reached over 180 million Euro net profit in 2016

2017-03-13 16:23:55
Sonae Sierra, the international property company dedicated to dedicated to retail real estate development, recorded a net profit of 181 million Euro in 2016, compared to 142 millione Euro in 201...

REAL ESTATE

Commercial property investments in Romania exceeded 850 million Euro last year, says DTZ

2017-03-09 13:54:33
In 2016, the total volume invested in commercial property in Romania exceeded 850 million Euro, a DTZ Echinox report shows. Bucharest attracted 660 million Euro, which represents 77 per cent of ...

REAL ESTATE

The Bridge to host the biggest restaurant within an office building in Bucharest, says DTZ

2017-03-06 13:31:18
The Bridge business centre, developed by Forte Partners, will host Boutique Food Hall, the biggest restaurant within an office building in Bucharest, with an area of over 1,000 sqm, following a ...

REAL ESTATE

ESOP Consulting assisted Harman International on a lease agreement for 7,700 sqm in Metroffice

2017-03-02 12:31:38
American company Harman, designing and engineering connected products and solutions for automakers, consumers and enterprises worldwide, signed a lease agreement for 7,700 sqm in Metroffice, the...

REAL ESTATE

Immofinanz leased over 80,000 sqm of its Bucharest office portfolio last year

2017-02-28 14:59:35
Immofinanz, one of the leading real estate investors in Romania, has leased over 80,000 sqm of its Bucharest office portfolio in the abbreviated financial year 2016, the equivalent of 10,000 sqm...

REAL ESTATE

JLL appoints Silviana Petre Badea to lead Romania business

2017-02-27 13:05:07
JLL has appointed Silviana Petre Badea as managing director of its Romanian business, based in Bucharest, with effect from 1 March 2017.

REAL ESTATE

Three office buildings to be developed by Iulius in Timisoara

2017-02-17 10:40:13
This spring, the Iulius company will start the construction works for three new class A office buildings within the Openville Timisoara mixed-use project, located near Iulius Mall, a press relea...

REAL ESTATE

JLL appoints Alina Cojocaru as head of valuation department

2017-02-16 16:34:46
Alina Cojocaru was appointed head of valuation department at JLL Romania, starting February 15, a press release shows. She will be responsible for the extension of JLL valuation portfolio by pro...

REAL ESTATE

Colliers: Land market dominated by demand for residential and mixed projects

2017-02-16 15:36:45
Romanian land market in 2016 was characterized by an increased demand from the residential and retail projects, according to a report by Colliers International. Interest in these sectors will be...

REAL ESTATE

Number of employees in Bucharest office market to reach 260,000 this year, says DTZ

2017-02-16 14:34:50
The number of employees working in A and B office buildings in Bucharest reached 233,000 at the end of 2016, 30,000 more than in 2015, recording the highest level in past three years, according ...

REAL ESTATE

JLL appoints new head of Industrial for Romania

2017-02-08 11:59:21
JLL has announced that Costin Banica, business developer Industrial Agency, has been appointed to the role of Head of Industrial for Romania, effective 17 February 2017.

REAL ESTATE

Colliers: Industrial and logistic stock to increase by 500,000 sqm this year

2017-02-02 17:01:18
Industrial and logistic stock will increase by about 500,000 sqm this year, continuing the upward trend of 2016, according to Colliers International. About 80 per cent of new deliveries are expe...

REAL ESTATE

Modern retail stock in Bucharest reached 1.2 million sqm, says DTZ

2017-02-02 16:03:50
The modern retail stock in Bucharest reached 1.2 million sqm at the end of 2016 and consists especially in shopping centres (56 per cent) and retail parks (33 per cent), while commercial galleri...

advertising

advertising

advertising

advertising

Most read Daily Info
» Coaching - a journey one must never un...
» Orange Romania: Two decades of growing...
» Liceul Teoretic International de Infor...
» TotalSoft appoints Dania Selaru as EAS...
» Hidroelectrica posts 165 million Euro ...
» General Electric to provide turbine te...
» Colliers International to manage Phoen...
» President Iohannis to hold political c...
» Fondul Proprietatea urges President Io...
» Business Lease posts four million Euro...
Read in the Print Edition
Romanian Energy Awards 2017: performance and exceptional accomplishments

The Diplomat - Bucharest celebrated the winners of 21 assigned categories for both conventional and renewable energy, within a prestigious event continuing the annual tradition of acknowledgment of performance ...