STC Partners has obtained a bank loan of €10 million from Banca Transilvania for the construction of the second phase of its Quartier Azuga residential project in Bucharest.
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.
C&A is opening of the largest single-level C&A shop in Poland. The outlet will launch in the Blue City shopping centre in Warsaw. The new shop occupies an area of approximately 2,500 sqm.
The Smart Outlet Center in Białystok (eastern Poland) has added new shops - Tedi and Esotiq, which occupy a total of around 900 sqm.
Chefs Culinar, a distributor of products for the HoReCa sector, has become the first tenant at MLP Business Park Łódź. The company has leased over 1,600 sqm of warehouse and office space. The transaction was brokered for the tenant by Renthis Estate.
New appointments
Modivo, which is part of the CCC Group, is changing the composition of its board of directors. Marcin Czyczerski was dismissed from the position of president, and his place was taken by Dariusz Miłek. The decision is aimed at improving cooperation between the companies.
Krisztina Enzsöl has joined Knight Frank Hungary as Associate Director in the office division. She has over 24 years’ worth of experience in real estate, being specialised in office leasing. In addition, Enzsöl has extensive knowledge in both tenant and landlord representation.
Beginning of September this year, the Management Board at Avison Young's Polish branch underwent a change, with Monika Bronicka, Director, Head of Valuation and Advisory, Business Development, becoming a Member of the Board.
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