ARTICLES LABELLED WITH TAG Arad

News WDP buys Arad Business Park
16
Aug
2022

WDP buys Arad Business Park

by Property Forum
Industrial developer WDP has purchased Arad Business Park, with a leasable area of around 42,000 sqm, for an undisclosed sum in a transaction brokered by real estate consultancy Colliers. 
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News Immofinanz sells former shopping centre in Arad
08
Dec
2021

Immofinanz sells former shopping centre in Arad

by Property Forum
Property group Immofinanz says it has sold the former retail project Armonia Center Arad to investment fund Oresa for an undisclosed sum. The buyer plans to develop a mixed-use scheme with industrial and retail components.
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News VGP acquires 39 ha land plot in Arad
21
Aug
2020

VGP acquires 39 ha land plot in Arad

by Property Forum
The market of industrial spaces in the west of Romania, respectively in the counties of Timiș, Arad and Bihor, continues to attract the attention of investors, after doubling its volume in the last ten years, ranking second after Bucharest. CBRE recently advised pan-European developer VGP on the acquisition of a 39-ha land plot in Arad. 
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News AFI Europe invests €40 million in Arad retail park
31
Jan
2019

AFI Europe invests €40 million in Arad retail park

by Property Forum
AFI Europe announced that it would start building a retail park in Arad by the end of this year. The developer will invest €40 million in the project located on an 80,000 sqm land plot, zf.ro reports.
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News MAS Real Estate buys Atrium Mall in Arad for €40.5 million
10
Dec
2018

MAS Real Estate buys Atrium Mall in Arad for €40.5 million

by Property Forum
MAS Real Estate, through a subsidiary, has acquired the Atrium Mall Shopping Centre in Arad, Romania from Cosmovia Holdings Limited, a member of the Demján Group based in Hungary.
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News Orbis expands its Romanian portfolio
07
Aug
2018

Orbis expands its Romanian portfolio

by Property Forum
Orbis has opened a new Ibis Styles hotel in the northern area of Bucharest. The hotel features a restaurant, a conference room, a business lounge and a bar, in addition to 80 guest rooms. The property was rebranded from Hotel Erbas.
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News Orbis opens ibis Styles hotel in Arad
26
Apr
2018

Orbis opens ibis Styles hotel in Arad

by Import Sys
Orbis Group, the Eastern European partner of AccorHotels, has officially opened its first three-star ibis Styles hotel in Romania, in the city of Arad, together with its local partner and investor FAB Industry.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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