ARTICLES LABELLED WITH TAG Romania

14
Feb
2019

CTP reaches 1 million sqm milestone in Romania

by Property Forum
CTP is the first real estate developer to reach a historical milestone: 1 million sqm of built area spread in 13 logistics and industrial parks throughout Bucharest and nine other cities, strategically located in Romania.
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14
Feb
2019

Investors love Bucharest offices

by Property Forum
Office building transactions on the Romanian market reached the highest level of the last decade in 2018, as 20 assets with a total GLA of 220,000 square meters and a value of more than €500 million were transacted only in Bucharest, according to Cushman & Wakefield Echinox.
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14
Feb
2019

AFI Europe to buy Casa Radio building in Bucharest

by Property Forum
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

Land transactions in Bucharest reach a new record

by Property Forum
Developers and real estate investors completed land acquisitions with a cumulative value of around €245 million last year in Bucharest, a new record for the past ten years, according to the Cushman & Wakefield Echinox which has monitored 31 medium and large transactions.
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07
Feb
2019

Morgan Stanley in talks for €150 million Bucharest office deal

by Property Forum
Morgan Stanley Real Estate Romania is reportedly considering the acquisition of the Hermes Business Campus office project in Northern Bucharest, according to zf.ro.
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07
Feb
2019

Timișoara office building receives LEED certification

by Property Forum
United Business Center 2 (UBC 2) in Timișoara was awarded a LEED Gold certification. UBC 2 adds up to 18,000 sqm leasable area and was opened in early 2017. The building is a part of the Openville Timișoara mixed-use project currently developed by Iulius and Atterbury Europe in the vicinity of Iulius Mall.
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07
Feb
2019

Plaza Centers to sell land plot in Brasov

by Property Forum
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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07
Feb
2019

C&W Echinox announces promotion

by Property Forum
Cushman & Wakefield Echinox has strengthened its Capital Markets team by promoting Alexandru Mitrache as Head of Transactions - Land & Investment.
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31
Jan
2019

AFI Europe invests €40 million in Arad retail park

by Property Forum
AFI Europe announced that it would start building a retail park in Arad by the end of this year. The developer will invest €40 million in the project located on an 80,000 sqm land plot, zf.ro reports.
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31
Jan
2019

Supernova to develop retail park in Sibiu with local partner

by Property Forum
Oasis Retail Development & Consulting has entered into a partnership with Austrian-based group Supernova for the development of Prima Shopping Center Sibiu. The 40,000 sqm retail park is located north of the city centre.
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