ARTICLES LABELLED WITH TAG bucharest
17
Jun
2020
Jun
2020
55,000 sqm Bucharest office complex changes hands
Real estate investment company Arion Green has acquired the Global City office complex located in Pipera from Global City Business Park. The transaction was closed at the end of April.
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17
Jun
2020
Jun
2020
Bucharest ranks as one of Europe’s top tech cities of the future
Bucharest has been named one of the top 10 European Tech Cities of the Future for 2020/21, according to fDi and TNW. The Romanian capital ranks as #7 making the Central & Eastern European city with the highest score. Five other cities – Warsaw (#15), Sofia (#20), Prague (#22), Tallinn (#23) and Krakow (#24) have made it into the top 25.
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11
Jun
2020
Jun
2020
Apex Alliance to open new Bucharest hotel in July
Lithuanian group Apex Alliance Hotel Management plans to open the new Moxy Bucharest Old Town hotel on July 20. The total investment cost of the hotel equals €12.5 million.
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03
Jun
2020
Jun
2020
CCIR and Iulius plan major mixed-use project in Bucharest
The Romanian Chamber of Commerce and Industry (CCIR) and real estate developer Iulius are proposing a large-scale mixed-use project around the existing Romexpo Exhibition Center in Bucharest. The €2.87 billion investment plan would the see creation of the city’s largest business district with over 30,000 new jobs, museums and a multi-use event hall, a new park and green urban connections, a retail and lifestyle centre and 12,000 parking spaces.
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28
May
2020
May
2020
Hagag and Global Vision sign PM agreement for Bucharest office building
Real estate developer Hagag Development Europe and Global Vision signed a collaboration agreement for the property management services of Hagag’s office building H Victoriei 109. Thus, Global Vision takes over the administration of the property located on Calea Victoriei.
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27
May
2020
May
2020
Atenor obtains building permit for new Bucharest project
Belgian developer Atenor has obtained a building permit for its Up-Site Bucharest project which will consist of 270 residential units in two glass towers of 12 and 24 floors. Upon completion, these two towers will be the tallest residential buildings in the Romanian capital.
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26
May
2020
May
2020
Logistics developers focus on BTS projects in Romania
The stock of industrial and logistics space in Bucharest has doubled between 2015 and 2020 with the capital of Romania being the most dynamic market in the Central and Eastern European region and a logistic regional hub throughout the analyzed period, according to Cushman & Wakefield Echinox.
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22
May
2020
May
2020
Hagag sells 60% of units in Bucharest residential project
Real estate developer Hagag Development Europe has completed the structure of the first three buildings related to the first phase of the large-scale residential project H Pipera Lake. Construction works for buildings 4 and 5 reached the ground floor. Out of the total number of apartments available in the first three buildings, 60% have already been sold
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21
May
2020
May
2020
Rock Development starts €30 million resi project in Bucharest
Local real estate developer Rock Development, controlled by a subsidiary of UniCredit Group, has launched the construction of the Avrig Park Residence residential project in Bucharest’s Bucur Obor area.
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19
May
2020
May
2020
Bucharest parking lot to be converted into office building
Romanian investor Dragos Dragoteanu, the owner of local real estate company Euroest Invest, plans to develop an office project on a land plot he owns near Victoriei Square in central Bucharest, Ziarul Financiar reports.
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Latest news
- SHD Real Estate to develop resi project on the shores of Lipno lake
- UDI Group secures permit for new resi phase in Prague
- Rohde & Schwarz Topex expands offices to 10,000 sqm in northern Bucharest
- Wing buys 34,000 sqm office project in Budapest from CA Immo
- The best workplaces are designed to adapt, not stand still
- CA Immo raises €300 million in oversubscribed green bond offering
- Strabag kicks off construction of Speedwell's mixed-use project in northern Bucharest
- Prague metro proximity drives premium office rents
- FM Logistic grows footprint to 116,000 sqm at CTPark Romania
- Romania emerges as potential location for Nvidia AI data centre
New leases
- Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
- Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.
- International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
