ARTICLES LABELLED WITH TAG Bucharest

News New ibis hotel in Bucharest to open in Q3 2020
28
Nov
2018

New ibis hotel in Bucharest to open in Q3 2020

by Property Forum
Orbis Hotel Group, a strategic partner of AccorHotels, continues its expansion in Romania by signing a management contract for ibis Politehnica Hotel in Bucharest with its partner and investor Novum Business Services SRL.
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News Futureal sells €19 million stake in Bucharest shopping centre
26
Nov
2018

Futureal sells €19 million stake in Bucharest shopping centre

by Property Forum
Futureal Group has exited its €19 million mezzanine financing provided to Caelum Development for the development of ParkLake shopping centre in Bucharest, Romania. The 70,000 sqm GLA project was developed by a joint venture between Sonae Sierra and Caelum Development. Futureal Group will intensify its activity in Romania through its residential investments subsidiary, Cordia. The company has recently announced a €50 million worth of investment plan in Bucharest for the next year, part of a long-term roadmap for the local market. Cordia division plans to deliver about 500 apartments per year, designed for medium and medium high segments.
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News GTC to start new Bucharest office project in 2019
19
Nov
2018

GTC to start new Bucharest office project in 2019

by Property Forum
GTC plans to start the construction of a new office complex, City Rose Park on Bulevardul Expoziţiei in Bucharest next year. The €100 million project will comprise three new office buildings.
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News Skanska and Prime Kapital might jointly buy 11 ha Bucharest plot
12
Nov
2018

Skanska and Prime Kapital might jointly buy 11 ha Bucharest plot

by Property Forum
Skanska and local developer Prime Kapital might share the 11-hectare Griro platform in Bucharest, controlled by businessmen Nicolae Badea and Fatih Taher, in a €50 million transaction, according to market sources.
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News One United buys Bucharest land and building from Immofinanz
09
Nov
2018

One United buys Bucharest land and building from Immofinanz

by Property Forum
Local developer One United Properties, owned by businessmen Andrei Diaconescu and Victor Capitanu, has acquired the land of the former Ventilatorul plant and an office building near Victoriei Square in Bucharest from Immofinanz. The deal is valued at €39 million, Ziarul Financiar reports.
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News Crosspoint helps sell Bucharest building to local investor
06
Nov
2018

Crosspoint helps sell Bucharest building to local investor

by Property Forum
Crosspoint Real Estate, an international associate of Savills in Romania, has assisted the sale of the Bank of Cyprus building from SIF Banat Crişana to a firm belonging to a Romanian businessman. Crosspoint negotiated on behalf of SIF Banat Crişana both in the acquisition stage of the building, and later at the sale stage to the private investor.
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News Metro leases 58,000 sqm industrial facility in Bucharest
05
Nov
2018

Metro leases 58,000 sqm industrial facility in Bucharest

by Property Forum
JLL advised Metro in the process of consolidating its distribution centres into a one roof concept in the new project developed by WDP in the North area of Bucharest, Stefanesti. This is the largest transaction on the Romanian industrial market in this year.
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News Cordia to invest €50 million in Romanian projects next year
01
Nov
2018

Cordia to invest €50 million in Romanian projects next year

by Property Forum
Cordia Romania, the residential division of Hungary’s Futureal Group, plans to invest €50 million in new projects million next year. The company aims to deliver about 500 apartments per year on the Bucharest residential market, designed for the medium and medium-high segments.
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News Northern Bucharest emerges as logistics hub
30
Oct
2018

Northern Bucharest emerges as logistics hub

by Property Forum
The areas in northern Bucharest, such as Stefanestii de Jos and Chitila, have the potential to form a new logistics hub, according to Colliers International. Over 180,000 sqm of logistics space is to be delivered next year, as the West of the capital has become loaded in terms of the development of industrial and logistic spaces.
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News Fortne Partners start €25 million office development in Bucharest
29
Oct
2018

Fortne Partners start €25 million office development in Bucharest

by Property Forum
Forte Partners plans to invest €25 million in the development of a new office building in the centre of Bucharest. The property will offer 8,400 sqm of leasable space.
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Latest news


New leases

  • The company PKB Inwest Budowa has announced that the retail chain Lidl Polska will be a tenant of the newly developed Retail Park in Garwolin. The investment will include the construction of 3 buildings with a total area of 11,045 sqm. GLA. One of of them with an area of over 2,100 sqm will be occupied by a Lidl Polska shop.
  • Peek & Cloppenburg has chosen the Szczecin Galaxy shopping centre to make its debut in West Pomerania in Poland. The brand's only shop in this part of the country will be almost two thousand square metres in size.
  • The Enel-med clinic chain is opening two new outlets in Wrocław: 510 sqm in Sagittarius Business House and 1,374 sqm in the Infinity office building.

New appointments

  • Angelika Majkowska has taken up the position of HR director at Apsys Poland. Angelika, who has been with the company since 2013, will be responsible for complex HR policies in an organisation with a structure involving more than 19 teams in various locations.
  • Filip Krstičević is joining iO Partners in Zagreb as Regional Manager, focusing on leasing and land deals across the region. With a strong track record of acquiring land sites and developing residential and commercial properties in both Croatia and Australia, Filip is well placed to support international investors entering the Croatian market.
  • The Management Board of Globe Trade Centre S.A. has announced that on 18th of March, 2024 the company accepted Barbara Sikora's decision to resign from the company's authorities.

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