ARTICLES LABELLED WITH TAG Bucharest

Uniqa Real Estate, part of the insurance group, has completed the acquisition of The Light One office building in Bucharest from River Development for an undisclosed sum. 

Real estate group Immofinanz says it has concluded a long-term rental contract for roughly 11,000 sqm with healthcare services provider Provita Group. 

Brothers Adrian and Dragoș Pavăl, founders and owners of DIY chain Dedeman, are investing in a new logistics project in Pantelimon, near Bucharest. 

French BIC Group, the maker of stationery, lighters and shavers, is reportedly looking to open a regional distribution centre near Bucharest, according to profit.ro.   

Romanian real estate developer Forte Partners has rolled out SpotUS.Space, a digital solution that ensures the optimized and efficient use of resources for the hybrid work mode. 

The developers of the Atria Urban Resort residential complex in Bucharest are currently planning the third phase of the investment. Around half of the apartments in the second development phase were sold and the whole project will be delivered by 2023. 

Belgian property developer Atenor has started the construction of UP-site, its first residential project in Bucharest. The complex comprises 270 apartments in two residential high-rise buildings of 12 and 25 floors with a common ground-floor. The project is located in Floreasca, one of the city’s exclusive areas. 

The delays in the approval of a mixed-use development in Bucharest forced RMB Holding to withdraw a loan of €50 million it had committed to Iulius and Atterbury Europe. 

Real estate developer Ionuț Negoiță acquired a land plot of 10 hectares in eastern Bucharest from industrial company Tubinox. The real estate investor says that this part of the city holds significant potential for the real estate industry.  

Pavăl Holding, the group controlled by the founders of DIY chain Dedeman, will have a new HQ in Bucharest. The holding is revamping Vila Hlebnikian that will serve as its main office. Construction works on the 2,800 sqm building will be completed by 2023, according to Profit.ro.