ARTICLES LABELLED WITH TAG plaza-centers
23
May
2022
May
2022
Plaza Centers seeks damages from Romania in court
Property developer Plaza Centers is seeking €262.2 million in damages from the Romanian state, alleging that it recorded massive losses from the Casa Radio project in Bucharest. The company filed a complaint with the International Centre for Settlement of Investment Disputes (ICSID) in Washington.
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17
Jul
2019
Jul
2019
AFI Europe to sell majority stake in Bucharest project
AFI Europe has signed a pre-sale agreement with Plaza Centers N.V. for the acquisition of 75% of the shares in the Casa Radio Project, for the price of €60 million.
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14
Feb
2019
Feb
2019
AFI Europe to buy Casa Radio building in Bucharest
AFI Europe Romania has signed a non-binding letter of intent with Plaza Centers for the acquisition of the majority stake (75%) of the Casa Radio, located in the centre of Bucharest. The value of the offer amounts to €60 million.
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07
Feb
2019
Feb
2019
Plaza Centers to sell land plot in Brasov
Plaza Centers has signed a pre-agreement for the sale of a plot in Brasov, Romania for a total gross amount of €620,000 which is slightly above the last reported book value.
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19
Oct
2018
Oct
2018
Plaza Centers sells land plot in Romania
Plaza Centers N.V. has signed a pre-agreement for the sale of a land plot in Miercurea Ciuc, Romania for €1.55 million.
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15
Jan
2018
Jan
2018
Plaza Centers CEO retires
Plaza Centers announced that CEO Dori Keren will retire from his position at the end of March 2018.
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05
Oct
2017
Oct
2017
Plaza Centers disposes of Budapest land plot
Plaza Centers has concluded an agreement with NEPI Rockcastle, on the termination of land use rights over a circa 21,788 sqm land plot adjoining Arena Plaza in Budapest, Hungary, registered to a subsidiary of the company, Kerepesi 5 Irodaépület Kft. NEPI Rockcastle has recently acquired the Arena Plaza shopping centre from a third party.
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26
Jun
2017
Jun
2017
Plaza Centers to sell Torun Plaza for €70 million
A Plaza Centers subsidiary has signed a non-binding letter of intent with an unnamed investment fund regarding the sale of the Torun Plaza shopping and entertainment centre in Poland. The LOI binds the purchaser to a strict timeline for undertaking a comprehensive due diligence process which would result in the transaction being completed by the middle of September 2017.
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24
Apr
2017
Apr
2017
Plaza Centers opens Belgrade Plaza
Plaza Centers N.V. announced that Belgrade Plaza opened to the public on 20 April. The completed centre is 97% let and expected to be fully leased in the coming months. Belgrade Plaza is the 34th shopping centre built by Plaza and its second scheme in Serbia.
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03
Feb
2017
Feb
2017
Plaza Centers completes sale of Suwałki Plaza
One of the subsidiaries of Plaza Centers has completed the sale of Suwałki Plaza shopping and entertainment centre in Poland to an investment fund for €42.3 million, which is in line with the last reported book value, the company reports.
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Latest news
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- Fiege expands 21,000 sqm across three Panattoni parks
- Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion
- Optimism prevails in CEE real estate as geopolitical risk looms large
- Hungary's residential market surges 32% in March
- Genesis Property gets green certification for Yunity Park building in Bucharest
- Arete sells Slovak industrial park to Erste fund
New leases
- BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
- Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
New appointments
- Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
