ARTICLES LABELLED WITH TAG garanti-bank
24
Aug
2023
Aug
2023
Speedwell gets funding for resi development in Bucharest
Speedwell has secured a loan of €13.6 million from Garanti Bank for the development of the third phase of The Ivy residential project in northern Bucharest.
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28
Jul
2022
Jul
2022
One United Properties buys office building in Bucharest
Romanian developer One United Properties has completed the acquisition of One Victoriei Plaza office building in central Bucharest for around €28 million.
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30
Nov
2021
Nov
2021
Impact Developer & Contractor secures €4.25 million loan
Romanian Impact Developer & Contractor says it got a loan of €4.25 million with a 4-year maturity from Garanti Bank to finance its working capital.
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02
Sep
2020
Sep
2020
Local developer secures €7.3 million loan for Timișoara resi project
Arad-based developer Wallberg has secured a €7.3 million loan from Garanti Bank for the construction of the second tower of the XCity Towers complex, the first residential tower in the city of Timișoara, a project worth €75 million which will total 955 apartments.
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28
Nov
2018
Nov
2018
Garanti Bank finances Timisoara project with €5.8 million
Romanian developer Wallberg has secured a €5.8 million loan from Garanti Bank to finance the development of the XCity Towers project in Timisoara. XCity Towers it will be built in several stages, with a total of 955 apartments in 8 buildings. The total value of the project will exceed €62 million, of which the first stage will amount to €36 million.
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Latest news
- Echo Investment sells Brain Park A offices in Kraków
- CTP invests over €4 million in IQ Ostrava renovation
- Nhood completes sale of eight Polish shopping centres to Adventum Group
- Panattoni inks 12,500 sqm lease deal with Fabryka Kart Trefl-Kraków
- Falling rates draw investors to CEE. They must hurry as prime city centre sites run out
- Prologis targets 178,000 sqm of new Czech developments in 2026
- Gránit AM completes first phase of Alkotás Point renovation
- Romania's green building certifications top 4.6 million sqm in 2025
- CEE property investment climbs 24% above 5-year average in 2025
- German group Ireks buys land near Bucharest for HQ
New leases
- A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
- Kenneth Cole New York has launched its European debut with a 200 sqm store in Prague’s Westfield Chodov shopping centre.
- Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.
New appointments
- Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
