Erste and BCR refinance office building in Bucharest

12
Jun
2025
News - Erste and BCR refinance office building in Bucharest #BCR #Bucharest #Danube Capital Partners #Day Tower #Erste #office #Romania #SAA #Wolf Theiss

by Property Forum | Office

Erste Group Bank and its Romanian subsidiary BCR have jointly provided €21 million in refinancing for the Day Tower office building in Bucharest. The loan facility was signed with Danube Capital Partners.


Day Tower is located close to Unirii Square and has a built area of 11,753 sqm. The project was delivered in 2018.

The transaction supports the long-term development and repositioning of the property and reflects ongoing confidence in the resilience of the Romanian office market, according to law firm SAA, which advised Danube Capital Partners.

The banks were advised by law firm Wolf Theiss.




Latest news


New leases

  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
  • Primark will launch its first retail location in Craiova in early June. The 3,185 sqm store will be situated within ElectroPutere Mall and marks the retailer’s fifth unit in Romania.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


Latest news

News - Ares Management to sell logistics parks in Czechia and Hungary
29
Apr
2026

Ares Management to sell logistics parks in Czechia and Hungary

by Property Forum
Investment giant Ares Management is selling two logistics parks in Czechia and one in Budapest, Czech daily Seznam Zprávy reports.
Read more >
News - Prime Kapitals exceeds 1,000 resi units in Iași mixed-use project
29
Apr
2026

Prime Kapitals exceeds 1,000 resi units in Iași mixed-use project

by Property Forum
Prime Kapital has announced the completion of construction for the third phase of the mixed-use scheme Silk District Phase 3 ahead of schedule, taking the total number of completed apartments over 1,000.
Read more >
News - Bratislava office vacancy drops in Q1 2026
29
Apr
2026

Bratislava office vacancy drops in Q1 2026

by Property Forum
The total office stock in Bratislava was flat at 1.75 million sqm in Q1 2026, while two new projects are expected to be delivered later this year in Q3, namely Dunaj (8,000 sqm) and Ganz House (10,300 sqm), according to the Bratislava Research Forum. 
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy