ARTICLES LABELLED WITH TAG Romania

News CPI Property Group to acquire CEE retail portfolio from CBRE GI
17
Jan
2017

CPI Property Group to acquire CEE retail portfolio from CBRE GI

by Ákos Budai
CPI Property Group anticipates the acquisition of a retail portfolio located in the Czech Republic, Hungary, Poland and Romania from funds managed by CBRE Global Investors. If completed, this can become the largest real estate deal of the region in 2017.
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News Construction work starts on Skanksa’s new Bucharest project
17
Jan
2017

Construction work starts on Skanksa’s new Bucharest project

by Ákos Budai
Skanska invests €38 million in the first phase of Campus 6, an office complex in Bucharest, Romania. The first phase will offer a total leasable area of about 22,000 square meters on 11 stories above ground and two levels of underground parking.
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News New building leased in P3 Bucharest
13
Jan
2017

New building leased in P3 Bucharest

by Ákos Budai
Altex, one the largest retailers of electronics, home appliances, IT&C and multimedia products in Romania, has doubled its lease in the P3 Bucharest industrial park by signing a new contract for 15,000 sqm of warehouse space. 
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News Aberdeen Asset Management sells Bucharest office building
12
Jan
2017

Aberdeen Asset Management sells Bucharest office building

by Ákos Budai
Aberdeen Asset Management Deutschland AG has signed an agreement to sell the Construdava office building in Bucharest to AdamAmerica, the advisor of the seller, Colliers International reported.
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News JLL secures property management deal in Bucharest
10
Jan
2017

JLL secures property management deal in Bucharest

by Ákos Budai
JLL has been selected by the new owner of Swan Office & Technology Park as property and asset manager of the office building located in the Northern part of Bucharest. JLL's responsibilities comprise maintaining relations with tenants and extensive operational management services including overseeing subcontractors and maintenance costs.
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News Budapest and Bucharest are among Europe’s next tech hubs
19
Dec
2016

Budapest and Bucharest are among Europe’s next tech hubs

by Ákos Budai
CBRE has published its inaugural Understanding European Technology Clusters report, highlighting the vibrancy and rapid growth of Europe’s tech sector. The report analyses the characteristics of tech clusters and explores future opportunities among high-performing, and emerging, tech cities across Europe. 
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News Romanian retail market attracts new brands
06
Dec
2016

Romanian retail market attracts new brands

by Ákos Budai
In 2016 the Romanian retail market was characterized by a high volume of delivered space and entry of new brands, which opened their first shops both in already existing shopping centers and in recently opened projects. Colliers International expects to see new names on the market, especially among Polish brands.
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News Enterprise Investors sell largest supermarket chain in Romania
24
Nov
2016

Enterprise Investors sell largest supermarket chain in Romania

by Ákos Budai
Polish Enterprise Fund VI (PEF VI), a private equity fund managed by Enterprise Investors, has signed an agreement to sell 100% of shares in Profi Rom Food, the largest supermarket chain in Romania, to Mid Europa Partners, a private equity firm focused on buyouts in Central and Eastern Europe. The total equity value of the transaction is €533 million and the transaction is subject to obtaining the necessary regulatory approvals. This is the largest deal ever completed by a private equity fund in Romania and the largest retail deal in the country’s history. 
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News Bucharest and Budapest seem attractive from London
14
Nov
2016

Bucharest and Budapest seem attractive from London

by Ákos Budai
General optimism, attractive investment opportunities and more capital characterises the Central and Eastern European property market that is now considered a favourable investment destination by international investors. The second Emerging Europe Property Forum, co-organised by Portfolio Property Forum and RICS, took place on 8 November at the RICS HQ in London. 
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News CTP reduces portfolio’s energy consumption
11
Nov
2016

CTP reduces portfolio’s energy consumption

by Ákos Budai
In order to be sustainable and environmental friendly, CTP targeted a 5 % energy consumption reduction within the CTPark portfolio in 2016. A total area of 250 000 sqm will be retrofitted until the end of the year. 
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Latest news


New leases

  • Chairry, a company specializing in fit-out - complete interior design solutions, has leased 240 sqm in UpGround complex in northern Bucharest. The project is owned by Globalworth.
  • French B2B and B2C specialist Armatis has leased 1,800 sqm in the Wave office building in Gdańsk’s Oliva district, which was developed and is owned by Skanska. Cushman & Wakefield advised the company for the lease agreement.
  • Flex office provider New Work is opening a new location in Prague, at Smichov Business Park.

New appointments

  • Garbe Industrial Real Estate CEE expands its teams in the region with the appointments of Veronika Zacha and Jan Hradecky, both are coming from Panattoni. Veronika Zacha is joining as Senior Business Development Manager for Czechia and Jan Hradecky will hold a Project Manager position.
  • Colin King has been appointed Strategic Advisor of Romanian PropTech Bright Spaces. King has worked for over 30 years with large public companies and private mid-cap growth businesses, all with revenue well in excess of £1 billion.
  • Bryan Wilson has left Wilsons as Partner and is now Head Of CEE at DUAL Asset, a London-based comprehensive title insurance solution provider.


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