ARTICLES LABELLED WITH TAG Romania

News Auchan acquires Romanian supermarket chain
06
Dec
2017

Auchan acquires Romanian supermarket chain

by Property Forum
Auchan Retail Romania, a subsidiary of Auchan, has acquired OK, a supermarket chain which has three units in the Bucharest area, zf.ro reports.
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News Iulius opens new office building in Timişoara
04
Dec
2017

Iulius opens new office building in Timişoara

by Property Forum
The Iulius Company completed a new office building spanning on over 13,000 sqm in Openville Timişoara, the mixed-use project the company develops together with Atterbury Europe in the vicinity of Iulius Mall. United Business Center 1 (UBC 1) is the second building opened in Timişoara in 2017, after UBC 2 (18,000 sqm) opened in January. Following this latest achievement, the total office area delivered by Iulius on the local market over a single year now adds up to 31,000 sqm.
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News eMAG invests €65 million in largest warehouse in SEE
04
Dec
2017

eMAG invests €65 million in largest warehouse in SEE

by Property Forum
eMAG, Romania’s largest online retailer announced that it is investing €65 million (RON 300 million) in a 120,000 sqm warehouse which will be built in Giurgiu County, the largest of its kind in Southeastern Europe. The warehouse is due for completion in 2019, zf.ro reports.
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News Construction underway at Bucharest business park
04
Dec
2017

Construction underway at Bucharest business park

by Property Forum
Chapman Taylor reported that construction on Expo Business Park in Bucharest is underway. The 70,586 sqm development comprises three separate and self-contained office buildings set over a shared two-level basement parking structure.
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News Ikea starts construction on second Romanian store
29
Nov
2017

Ikea starts construction on second Romanian store

by Property Forum
Ikea has started the construction of its second store in Romania, which will be finished in H2 2018 following an investment of approximately €86 million, which includes the acquisition of the land.
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News New deals ahead for Globalworth in Poland and Romania
29
Nov
2017

New deals ahead for Globalworth in Poland and Romania

by Property Forum
Globalworth confirmed that is plans to raise approximately €300 million through a non‐pre-emptive placing of new ordinary shares. The funds would be used for new purchases in Poland (two office buildings) and Romania (three office building) with a total value of €410 million. The company also published its latest development plans.
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News London Partners invest €26 million in Bucharest resi project
29
Nov
2017

London Partners invest €26 million in Bucharest resi project

by Property Forum
Real estate developer London Partners is to invest €26 million in SoHo Unirii residential project in Central Bucharest, which will have a total of 236 apartments. Construction works started this summer and completion is scheduled for Q1 2019.
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News AFI Europe secures first tenant for AFI Tech Park
29
Nov
2017

AFI Europe secures first tenant for AFI Tech Park

by Property Forum
AFI Europe Romania has signed the first lease agreement for AFI Tech Park, the company’s newest business park developed in Bucharest. World Class Romania, a leader on the Romanian health & fitness field, will be the first tenant of the campus, by leasing 1,500 sqm GLA spread on the ground floor and the first floor of AFI Tech Park 1. The lease contract was signed for a period of 10 years.
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News One United Properties to issue €20 million bond
29
Nov
2017

One United Properties to issue €20 million bond

by Property Forum
One United Properties, a real estate developer specialised in Bucharest residential property, will issue €20 million worth of 4-year bonds through private placement, fully funded by co-management by Credit Value Investments in Poland. The money will be spent on the company existing and new residential developments.
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News AFI Cotroceni valued at over €500 million
24
Nov
2017

AFI Cotroceni valued at over €500 million

by Property Forum
AFI Europe Romania published its financial results. The Net Operating Income (NOI) from its income producing assets in Romania was over €37 million in the first nine months of the year, representing respectively 10.4% higher results compared to the same period in 2016. The value of the existing income producing assets AFI Cotroceni, AFI Ploiesti and the 5 office buildings of AFI Park increased by 7.5% to €735 million according to the valuation performed as of September 30, 2017.
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Latest news


New leases

  • The first building of 8,000 sqm of the fully sustainable logistic Garbe Green Park Piestany is already fully leased and the development process of the second building is starting soon.
  • Crown Square, an office building located near Rondo Daszyńskiego metro station in Warsaw, will welcome three new tenants: Foodcom (1,000 sqm), Orifarm (400 sqm) and Avenga (300 sqm). The landlord was advised on the transactions by real estate advisory firm Savills.
  • BIMs Plus Poznań, distributor of heating, ventilation and air-conditioning technology products as well as plumbing system and technology products has leased more than 4,700 sqm of space at the MLP Poznań West logistics park.

New appointments

  • Dorota Mielke has joined Office Agency team of BNP Paribas Real Estate Poland and taken the position of Associate Director. Her main task in the new role will be taking care of business development and advising on office strategies and space rental.
  • Dariusz Domański has been promoted to be a Managing Partner at White Star Real Estate in Poland. He will be responsible for Residential Development business of White Star Real Estate and White Star Residential Management operating businesses. Darek will also continue to manage White Star’s flagship project- Elektrownia Powiśle.
  • Mariusz Cieśliński has joined the Polish team of MNK Partners to take up the position of Investment Manager. In his new role, he will be responsible for supporting the investment processes of funds across Europe.


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