ARTICLES LABELLED WITH TAG Bucharest

Primavera Development and Griffes have announced the launch of the construction of the Muse office building, to be located close to Miorita Fountain, in one of the most reputed office areas in Bucharest. The area offers unrivalled road connectivity and accessibility on DN1, towards both the heart of the city and the airport outskirts but also the high prestige of a historical neighbourhood. The total investment will exceed €16 million and is scheduled to be delivered in 2023.

CTP, the largest developer and owner of industrial projects in Romania, will expand its CTPark Bucharest North project by 95,000 sqm.  

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. 

Belgian group Atenor has appointed Colliers to offer complete property management services for the Dacia One and @Expo office projects in Bucharest. 

Romanian Akcent Development will invest around €75 million in Akcent City, a new residential project with 810 apartments located in the Bucureștii Noi area of northern Bucharest. 

InterContinental Romania has finalized the hotel operating contract with IHG Hotel & Resorts so the name of the property in central Bucharest will be changed to Grand Hotel Bucharest. 

Kid Group has kicked off the development of a new residential complex in northern Bucharest following an investment of €35 million. 

Property developer Alesonor says it has obtained the construction permit for the first villas of Amber Forest complex it will develop in the suburbs of Bucharest. 

Office building Euro Tower, developed by Cascade Group in central Bucharest, has obtained the first LEED ZERO CARBON certification in Romania. 

Property developer Redport Capital and furniture retailer Mobexpert have jointly purchased a land plot of 44,000 sqm in northern Bucharest in a bid to support new residential investments.