ARTICLES LABELLED WITH TAG Romania

News Openville Timişoara to open in Q4 2018
20
Nov
2017

Openville Timişoara to open in Q4 2018

by Property Forum
The Openville Timişoara development, the largest mixed-use project in the west of Romania will be opened in the fourth quarter of next year, upon completion of the first phase of development. The project that integrates the current Iulius Mall Timişoara will comprise office, retail, park and entertainment uses, and is developed by the IULIUS and Atterbury Europe companies.
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News Anchor Grup invests €9.5 million in Bucharest residential project
20
Nov
2017

Anchor Grup invests €9.5 million in Bucharest residential project

by Property Forum
Turkish real estate developer Anchor Grup will invest €9.5 million in the Pallady Towers residential project.
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News Commercial property in CEE continues to boom, but for how long?
20
Nov
2017

Commercial property in CEE continues to boom, but for how long?

by Ákos Budai
The outlook for Central and Eastern European markets is still positive according to the RICS Commercial Property Monitor. Results for Q3 2017 show that both occupier and investment demand are still on the rise across the region. The peak of the current cycle is, however, undoubtedly getting closer.
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News River Development starts new Bucharest project
15
Nov
2017

River Development starts new Bucharest project

by Property Forum
River Development, part of Romanian SEMA Group, has announced the start of the construction works for The Light office building located in Politehnica area, on the grounds of the former Pumac factory in Bucharest. The building will have a gross leasable area of 21,000 square meters and will be delivered in the first quarter of 2018 following an investment of around € 33.5 million.
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News Romanian investment market continues to boom
15
Nov
2017

Romanian investment market continues to boom

by Property Forum
The industrial, logistics and office sectors in Bucharest were the drivers of the real estate development market in the first nine months of the year, while the retail sector recorded the lowest growth rate in terms of projects delivered in this period of time. On the property investment market, the retail sector was the star, cumulating 60% of the volume traded in the first nine months.
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News Bucharest’s Veranda Mall to be expanded
13
Nov
2017

Bucharest’s Veranda Mall to be expanded

by Property Forum
The developer of Bucharest’s Veranda mall will begin work on expanding it one year after inauguration, zf.ro reports.
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News CTP buys Phoenix Logistics Center for €7 million
13
Nov
2017

CTP buys Phoenix Logistics Center for €7 million

by Property Forum
CTP has acquired Phoenix Logistics Center (PLC) from the Dutch company LSREF3 Alpha Dutch Holdings B.V. The centre has been integrated into CTPark Bucharest and is located in Chiajna, 10 km from Bucharest’s centre.
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News IT firms drive demand in Bucharest
13
Nov
2017

IT firms drive demand in Bucharest

by Property Forum
The Bucharest office market saw a net take-up of close to 45,000 sqm in this year’s third quarter. According to data from Colliers International, the demand came mostly from IT and BPO/SSC companies, including from the new entries in the market: Amazon, GoPro and Systematic.
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News NEPI Rockcastle invests €30 million in Shopping City Galati
08
Nov
2017

NEPI Rockcastle invests €30 million in Shopping City Galati

by Property Forum
NEPI Rockcastle has invested nearly €30 million in the expansion and modernisation of Shopping City Galati and the first brands that will appear following the expansion will be inaugurated on November 16. An additional 21,000 sqm was added to the 27,000 sqm shopping centre.
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News Immofinanz sells two land plots in Bucharest
03
Nov
2017

Immofinanz sells two land plots in Bucharest

by Property Forum
Immofinanz started selling land plots from the portfolio of Adama, a residential developer part of the Immofinanz Group. Two land plots located in the Bucharest area have already been sold, while the transaction for another piece of land is set to be finalised in November. The three assets have a total surface area of almost 36,000 sqm. The parties have agreed not to disclose further details.
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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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