ARTICLES LABELLED WITH TAG Romania

News Revetas Capital to buy Radisson Blu Bucharest for €177 million
13
Sep
2017

Revetas Capital to buy Radisson Blu Bucharest for €177 million

by Import Sys
Revetas Capital, an investment fund founded and managed by an American real estate broker Eric Assimakopoulos, is close to buying the Radisson Blu Bucharest hotel for €177.5 million, according to market sources. If completed, this will become the largest transaction on the Romanian property market in recent years.
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News CTP to invest €15 million in new Cluj-Napoca development
13
Sep
2017

CTP to invest €15 million in new Cluj-Napoca development

by Import Sys
CTP will invest €15 million in developing a new logistics park near Cluj-Napoca, Romania. CTPark Cluj II will be located in Floresti, Cluj County and will have a total leasable area of 29,000 sqm.
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News AFI Europe sets the cornerstone of AFI Brasov
12
Sep
2017

AFI Europe sets the cornerstone of AFI Brasov

by Ákos Budai
AFI Europe set the cornerstone of AFI Brasov, the company’s third shopping mall in Romania and announced the advancement of construction works. AFI Brasov will include 200 shops and retail units with 80% of total space already leased. The first stage of construction includes a shopping center with a total gross leasable area of 45,000 sqm and one of the two Class A office towers that stretch over an area of 25,000 sqm GLA. The investment at this stage is of over €120 million. The company estimates that the delivery date of the project is Q1 2019.
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News CTP reveals ambitious plans for growth in Romania
06
Sep
2017

CTP reveals ambitious plans for growth in Romania

by Ákos Budai
The Romanian commercial property market has turned over a new leaf in recent years. Thanks to growing interest from international investors 2017 is set to become a record year on the Romanian investment market. The industrial market is among the segments growing especially strongly with one player in particular expanding its portfolio rapidly. Ana Dumitrache, Co-Country Head of CTP Romania shared her take on the Romanian market.
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News New appointment at Colliers International Romania
06
Sep
2017

New appointment at Colliers International Romania

by Ákos Budai
Colliers International strengthens its office spaces consultancy team by hiring Sebastian Dragomir for the position of Office Advisory Director. Sebastian Dragomir has over 12 years of experience in real estate, time during which he has worked on the office, industrial, land and landlord representation segments and formerly occupied the position of Senior Leasing Manager at Immofinanz Romania.
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News CTP acquires two logistics parks in Romania for €18 million
04
Sep
2017

CTP acquires two logistics parks in Romania for €18 million

by Ákos Budai
CTP has acquired two logistics parks located in Western Romania from Slovak group IPEC for €18 million. The two assets are located in Ineu, Arad County and Salonta, Bihor County and have a total leasable area of 37,000 sqm.
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News Unprecedented optimism on CEE investment markets
04
Sep
2017

Unprecedented optimism on CEE investment markets

by Ákos Budai
Occupier and investment sentiment remains positive across all Central and Eastern European countries tracked by the RICS Commercial Property Monitor. Results for Q2 2017 show that Hungary and the Czech Republic continue to post the strongest overall results. The vast majority of respondents expect new investors to enter the market with the presence of local and CEE investors predicted to increase across the region in the year ahead.
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News Hilton Garden Inn Bucharest Old Town to open this year
30
Aug
2017

Hilton Garden Inn Bucharest Old Town to open this year

by Ákos Budai
The first Hilton Garden Inn hotel in Romania is to be opened by end-2017 in Bucharest. The 201-room hotel will be located within an historic listed building in the city centre. Hilton Garden Inn Bucharest Old Town will be administered by hotel management company Apex Alliance Hotel Management.
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News New Renault HQ under construction in Bucharest
30
Aug
2017

New Renault HQ under construction in Bucharest

by Ákos Budai
Bog’Art has been selected to build the new Bucharest headquarters of Renault, according to zf.ro. The new office building, to be named Renault Connected Bucharest, will comprise 47,000 sqm of office space.
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News Colliers appointed PM for The Landmark in Bucharest
29
Aug
2017

Colliers appointed PM for The Landmark in Bucharest

by Ákos Budai
Colliers International was assigned by Piraeus Bank to offer property management services for the office project The Landmark, in the central area of Bucharest. With this new project, the Colliers International team strengthens its position on the office property management market, and the whole managed portfolio reaches a total of over 320,000 leasable sqm.
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Latest news


New leases

  • The Alsendo company has decided to lease 1360 sqm of space in Plac Unii in Warsaw for its office. Invesco Real Estate, the owner of the complex, was represented by Colliers in the transaction. Alsendo was advised by Savills.
  • Poland's only outlet store of the Italian brand Boggi Milano has opened in Designer Outlet Warsaw. On approximately 170 sqm, customers will find a large selection of men's formal and casual clothing.
  • Sii Poland has extended its lease agreement at West 4 Business Hub I in Wrocław for another five years. The company occupies approximately 2,300 sqm in the office building.

New appointments

  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Katarzyna Chwalbińska-Kusek has taken on the role of business line head specialising in complex ESG consulting and will lead a multidisciplinary team of experts at Baker Tilly TPA.
  • Corees Polska announces the addition of Anna Shpatakova to the team as Associate Director. She will be responsible for providing comprehensive advice to office and industrial tenants.

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