Property developer Atenor got €50 million from the sale of Dacia One office project in Bucharest to Pavăl Holding, in a deal brokered by real estate consultancy Colliers.
Property developer Atenor delivered its office project Dacia One in central Bucharest at the end of December 2021, roughly five months after selling the building to Pavăl Holding, the owner of Romanian DIY retailer Dedeman.
Belgian real estate Atenor has announced that RoseVille, its Class A+ office building on Bécsi Road has been awarded the BREEAM “Excellent” sustainability rating. Construction work on RoseVille is in full swing, the building is expected to be handed over in the third quarter of 2022.
Investment transactions in Romania exceeded €540 million in the first nine months of 2021, with around half being closed only in the third quarter, according to property consultancy Colliers Romania.
Property developer Atenor says it sold its office project Dacia One in central Bucharest to Pavăl Holding, then owner of Romanian DIY retailer Dedeman.
Sorin Dumitrașcu, Country Director, Atenor Romania, talked to Property Forum about the sale of the company's first office project in Bucharest and the decision to expand its investment portfolio in the high-end residential niche.
Property developer Atenor says it has concluded the sale of Hermes Business Campus in Bucharest to Adventum Group, an investment manager focused on Central and Eastern Europe.
JLL has been appointed the exclusive agent responsible for the lease of the Lakeside office building. The investment project is owned by the Belgian real estate development company Atenor.
Romania recorded new real estate investments worth €85 million in the first quarter of 2021, down 42% year-on-year, in line with the lower results of other markets in Central and Eastern Europe, according to a report by Colliers.
Belgian real estate developer Atenor says it struck a deal to sell its Bucharest-based office project Hermes Business Campus to Adventum International, a Malta-based boutique investment fund manager and its partners for an undisclosed sum.
FitFabric will open a fitness club in the WIMA Widzewska Manufaktura mixed-use complex, developed by Cavatina Holding on al. Piłsudskiego in Łódź.
Stokrotka, Polish grocery chain has leased almost 3,000 sqm (including 125 sqm of office space) in 7R Park Bydgoszcz I warehouse complex.
German healthcare services provider doctari group has opened a technology hub in Iulius Town, the mixed-use project based in Timișoara. The company plans to hire 30 tech specialists in the new office.
New appointments
GalCap Europe is further expanding its team. With immediate effect, Mag. Peter Tatzl will strengthen the fund and investment management division as Director of Investment.
Czech developer Contera has promoted Svetozár Rohoň MRICS as Country Manager for Slovakia.
Vlad Săftoiu has been appointed Head of Research at real estate consultancy Cushman & Wakefield Exhinox. He has been working for the agency since September 2017. He has a Bachelor’s degree in International Relations at the University of Essex and a Master’s degree in International Security at the University of Warwick in the UK.
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