ARTICLES LABELLED WITH TAG Romania

News AFI Europe buys NEPI Rockcastle’s office portfolio in Romania
16
Dec
2019

AFI Europe buys NEPI Rockcastle’s office portfolio in Romania

by Property Forum
AFI Europe N.V. and NEPI Rockcastle announced the conclusion of the transaction for the acquisition of NEPI Rockcastle’s office portfolio in Romania, with a total GLA of 118,500 square meters. The transaction value is in excess of €300 million.
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News Mitiska REIM expands Romanian retail park portfolio
11
Dec
2019

Mitiska REIM expands Romanian retail park portfolio

by Property Forum
Mitiska REIM, in association with its Romanian country partner Square 7 Properties, has accelerated its investment in Romania during 2019 and announced the opening of its latest retail park development in the city of Braila in the east of the country.
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News Mulberry Development to build hotel in Timișoara
09
Dec
2019

Mulberry Development to build hotel in Timișoara

by Property Forum
Real estate developer Mulberry Development, controlled by businessman Ovidiu Șandor, has obtained the building permit for the Radisson Blu hotel in Timișoara. The 160-room hotel will be completed in 2021. The hotel will be operated by the Radisson Hotel Group.
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News Flex space providers expand in Bucharest
06
Dec
2019

Flex space providers expand in Bucharest

by Property Forum
CBRE advised flexible space provider Regus in the opening of its 12th centre at Sun Business Center project, located within Sun Plaza shopping centre. The decision of Regus responds to the demand for flexible spaces from companies in the northern half of the city, in order to provide an alternative for the employees living in the southern area, their share being estimated at 50% of the total staff.
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News Romanian bank lends €24 million for Bucharest hotel development
05
Dec
2019

Romanian bank lends €24 million for Bucharest hotel development

by Property Forum
Libra Internet Bank and developer Niro Group have signed a financing agreement worth €24 million for the development of a Swissôtel hotel on Expozitiei Boulevard in northern Bucharest.
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News Skanska invests in land in Bucharest for €24 million
05
Dec
2019

Skanska invests in land in Bucharest for €24 million

by Property Forum
Skanska has acquired about 26,200 square meters of land in Bucharest, Romania, from Intero Property Development Estates SRL. The total investment amounts to €24 million.
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News Hagag buys office building in Bucharest
04
Dec
2019

Hagag buys office building in Bucharest

by Property Forum
Real estate developer Hagag Development Europe continues its investments in Bucharest by adding a new office property to its local portfolio: Tudor Arghezi 21. The transaction value exceeds €9 million. 
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News Declining interest for retail assets across CEE and Austria – Specialized investors take the lead
29
Nov
2019

Declining interest for retail assets across CEE and Austria – Specialized investors take the lead

by Ákos Budai
According to the latest RICS Commercial Property Monitor, occupier and investment sentiment remains positive across main CEE markets, even though the Czech Republic has posted its most subdued set of readings in four years. In many countries, demand for retail assets fell on both the occupier and investment sides of the market. Based on rental and capital value projections, secondary retail is visibly suffering in Austria, Bulgaria, Poland and Romania.
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News CBRE becomes PM of two Bucharest projects
29
Nov
2019

CBRE becomes PM of two Bucharest projects

by Property Forum
CBRE was assigned to provide property management services for the projects developed by the company One United Properties in the north of Bucharest, namely the office building One Tower and the residential complex One Mircea Eliade, which comprise a total area of 24,000 square meters offices and 247 high-end apartments. The portfolio managed by CBRE now exceeds 800,000 square meters.
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News Globalworth presents high-tech lobby in Bucharest building
28
Nov
2019

Globalworth presents high-tech lobby in Bucharest building

by Property Forum
Globalworth has inaugurated the most advanced lobby in the region, with a number of innovations and technological premieres that include the world's largest kinetic floor in an office building, the longest screen wall in CEE, the largest natural green wall in an office building SEE, a space to relax with heated marble steps, Schindler projectors and Pepper, Globalworth's first robot employee. According to the developer, the Globalworth Tower building, which welcomes some 30,000 visitors daily, has become a benchmark for office space innovation and sustainability.
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Latest news


New leases

  • In Designer Outlet Warsaw, after a break of several years, the Venezia brand store reappeared. The shop, which opened in a new concept, occupied a space of over 200 sqm.
  • Consulting and Training Consortium, owner of House of Skills and e-learning.pl brands has extended its lease at Bolero Office Point 1 in Warsaw. The new lease agreement for 900 sqm of office space has been signed through 2030.
  • Delivery firm Cargus has leased 3,000 sqm for a new warehouse in CTPark Sibiu. Across Romania, Cargus has 20,000 sqm of warehouse spaces leased in CTP projects.

New appointments

  • Shay Baruch has taken over the role of LivUp CEO, succeeding Roee Shamir, who has decided to pursue new career challenges after completing a duration of 7 years in this position.
  • The Management Board of Polski Holding Nieruchomości S.A. has appointed Maciej Klukowski as a member of the Management Board for Real Estate Asset Management.
  • Maciej Kamiński joins the Axi Immo Services team as Head Of Business Development. His main task will be formulating and implementing business development strategies and negotiating and concluding contracts in the company's business area.

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