Romanian developer One United Properties has obtained a loan of €20 million from Banca Transilvania for the for the completion of the One Cotroceni Park residential development in Bucharest.
Horia Ciorcilă, one of the founders of Banca Transilvania, Romania’s biggest lender by assets and Evergent Investments are jointly planning the development of a residential project in northern Bucharest.
Property developer Alesonor has obtained a financing of €21 million from Banca Transilvania that will be used for the first phase of the Amber Forest project near Bucharest. The money will support the development of 294 green homes.
Property developer Anchor Grup has secured a financing volume of €80 million from Banca Transilvania that will be used to refinance the retail and office segments of the company.
Property developer Speedwell has signed a new financing agreement with Banca Transilvania and received an €8 million loan for Phase 2 that is currently under construction and the future Phase 3 of the Triama Residence project in Bucharest.
Auchan Romania has leased 2,600 sqm on the ground floor of the second phase of the U•Center office project in Bucharest.
AMS ACCELERATE IT and Credit Amanet signed contracts for a total area of approximately 600 sqm of office space in SkyTower Bucharest. Both lease contracts were closed for a 5-year period.
TOUS, Calzedonia and Intimissimi are among the fashion brands that have returned to Renoma retail centre in Wrocław after its renovation. The clothing brands have leased, respectively, 80, 60 and 100 sqm of space.
New appointments
Florin Suicescu has been named COO of Forty Management. With over 30 years of management experience, he has held senior positions in real estate and hotel developments.
Daniel Rutkowski joined Walter Herz Investment Advisory Department, currently consisting of six people, and took the position of Development Manager. He will be responsible for searching for and acquiring investment projects, developing investment potential analysis and building the value of real estate.
Dariusz Proniewicz has joined MDC2's team of experts to take on the position of Development Director BTS, with responsibility for the development of BTS investments.
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