ARTICLES LABELLED WITH TAG quartier-azuga
26
May
2025
May
2025
BT provides €20 million financing for Bucharest resi project
STC Partners has secured €20 million in funding from BT for the development of the Bucharest-based Quartier Ferdinand residential complex.
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20
Jun
2024
Jun
2024
STC Partners secures €10 million financing for Bucharest resi project
STC Partners has obtained a bank loan of €10 million from Banca Transilvania for the construction of the second phase of its Quartier Azuga residential project in Bucharest.
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25
Apr
2024
Apr
2024
STC Partners stars second phase of Bucharest resi project
STC Partners has kicked off the development of the second phase of residential complex Quartier Azuga in Bucharest, with a planned investment of more than €15 million.
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31
May
2023
May
2023
STC Partners reaches 50% sale rate for resi project in Bucharest
STC Partners has reached a 50% sale rate for the first phase of its residential project Quartier Azuga, which is under development in Bucharest.
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17
Jan
2023
Jan
2023
STC Partners gets funding for Bucharest resi project
Romanian developer STC Partners has secured bank financing from Banca Transilvania for the first phase of Quartier Azuga residential project in Bucharest worth €6 million.
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23
Jun
2022
Jun
2022
STC Partners to develop new resi project in Bucharest
STC Partners will invest more than €20 million in a new residential complex comprising over 200 apartments in Bucharest. The first development phase of Quartier Azuga will kick off in October 2022 and is slated for delivery in the first semester of 2024, while the entire project should be completed in early 2025. Crosspoint Real Estate has been appointed exclusive sales agent.
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New leases
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
- Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
- Teva Pharmaceuticals has relocated its offices to Budapest-based Corvin Skypark. The deal covering 653 sqm was brokered by iO Partners.
New appointments
- 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.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
