ARTICLES LABELLED WITH TAG Bucharest

News Companies keep setting up new HQs in Bucharest
13
Apr
2018

Companies keep setting up new HQs in Bucharest

by Import Sys
Companies have rented almost 70,000 square meters of office space in Bucharest in Q1 2018, according to JLL. One-third of the demand came from companies that formerly had their headquarters in old, small buildings or in other different from modern buildings (non-competitive stock). This segment of demand increased compared to last year when it accounted for only 7% of the total take-up.
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News Ikea embraces e-commerce and unveils ambitious growth plan
05
Apr
2018

Ikea embraces e-commerce and unveils ambitious growth plan

by Ákos Budai
Ikea’s presence is growing rapidly in the SEE region. Construction is underway at the second store in Bucharest and there are further plans for new developments. Viviana Pavel, Real Estate and Development Manager at Ikea South East Europe shared her thoughts on the retail market, e-commerce and the company’s regional expansion.
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News One United & Auchan team up for €100 million project
05
Apr
2018

One United & Auchan team up for €100 million project

by Import Sys
One United Properties and Auchan Romania plan to invest €100 million in a new mixed-use project in Bucharest called One Floreasca City.
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News Aviatorilor 8 receives final BREEAM certification
05
Apr
2018

Aviatorilor 8 receives final BREEAM certification

by Import Sys
Optim Project Management has assisted NEPI Rockcastle throughout the entire BREEAM certification process for the landmark office project, Aviatorilor 8. The building achieved an ‘Excellent’ level of certification under the BREEAM International 2013 rating scheme.
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News Timpuri Noi Square awarded LEED certification
04
Apr
2018

Timpuri Noi Square awarded LEED certification

by Import Sys
Vastint Romania was awarded LEED Platinum certification for the first two office buildings of Timpuri Noi Square. The 32,000 sqm office space in the two buildings will soon be completely leased.
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News Political risk is not what’s holding Romania back
29
Mar
2018

Political risk is not what’s holding Romania back

by Ákos Budai
What will it take for SEE to attract more foreign capital? Is there enough product available on the market? These are just some of the questions that were asked and answered at SEE Property Forum 2018, a Property Forum and RICS event that attracted over 45 speakers and nearly 300 visitors from 15 countries.
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News Corinthia Hotels to enter Romania
29
Mar
2018

Corinthia Hotels to enter Romania

by Import Sys
Corinthia Hotels is set to expand its five-star hotel portfolio with the opening of a new luxury property in Bucharest, Romania. Located in the heart of the capital, the former Grand Hotel du Boulevard will open its doors again in December 2019, to coincide with Romania’s National Day.
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News Alesonor invests €100 million in Bucharest project
28
Mar
2018

Alesonor invests €100 million in Bucharest project

by Import Sys
Alesonor, a Greek-held property development company, plans to invest €100 million in an energy-efficient residential project in the northern part of Bucharest.
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News Landlords have to raise the bar in Bucharest
26
Mar
2018

Landlords have to raise the bar in Bucharest

by Ákos Budai
Development is booming in almost all segments of the Romanian market, but developers still need to overcome a number of legal and regulatory challenges before they can start building. Then, once construction is complete, they must realise that tenants have become more aware and more “choosey”. Răzvan Gheorghiu-Testa, Partner at Țuca Zbârcea & Asociații and Head of the firm’s Real Estate Practice Group reviewed some of the issues that may arise when developing or leasing a new building in Romania.
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News EBRD and ING Romania to finance CTPark Bucharest
23
Mar
2018

EBRD and ING Romania to finance CTPark Bucharest

by Import Sys
The EBRD and ING Romania are joining forces to finance the logistics park CTPark, situated on the A1 Bucharest-Pitesti motorway and 2 km away from the Romanian capital. The financiers have arranged a package of €96 million, of which the EBRD is providing €43.8 million and ING €52.2 million.
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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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