ARTICLES LABELLED WITH TAG Romania

17
Jan
2019

Local investors become more active in Romania

by Property Forum
2018 ended with a significant premiere on the local real estate market: Romanian investors ranked second in the generated volumes by nationality. Almost €200 million were spent to buy commercial properties (about a quarter of the total volume), a significant leap of more than five times compared with 2017, according to Colliers International.
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17
Jan
2019

EBRD appoints new director for Romania and Bulgaria

by Property Forum
Mark Davis has been appointed the new EBRD Regional Director for Romania and Bulgaria and will assume his new role in Bucharest on 1 April 2019. Mr Davis follows Matteo Patrone who has become Managing Director for Eastern Europe and the Caucasus.
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14
Jan
2019

Ana Dumitrache returns to CTP Romania as Country Head

by Property Forum
CTP enters 2019 with the announcement of Ana Dumitrache’s return to the company as Country Head of CTP Romania.
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10
Jan
2019

One United Properties starts new residential project in Bucharest

by Property Forum
Local real estate developer One United Properties has started the construction of a residential project located on a 3,835 sqm land plot in Bucharest’s Timpuri Noi area, zf.ro reports.
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07
Jan
2019

Savills names Crosspoint its associate in Romania

by Property Forum
Savills has named Crosspoint Real Estate its associate in Romania as part of its continued expansion across Central and Eastern Europe. Savills and Crosspoint signed a partnership agreement in Summer 2017 with the association status taking the successful relationship to the next level. Recent instructions include advising on the sale of the Bank of Cyprus building from SIF Banat Crişana to a firm belonging to a Romanian businessman in November and securing transactions with land plots with a total value of over €60 million in 2018.
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07
Jan
2019

GTC refinances three projects with €95 million of loans

by Property Forum
Just before the end of 2018, GTC S.A. signed €94.6 million new loan agreements certifying the financial solidity of the company. The refinancing was granted to three prime projects of the developer and asset manager – GTC White House in Budapest, FortyOne in Belgrade, and Artico in Warsaw.
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03
Jan
2019

Land under Bucharest’s largest retail area to return to the state, court rules

by Property Forum
The Bucharest Court of Appeal has ruled that 224 hectares of land in Bucharest’s Baneasa area, home to some of Bucharest’s largest retail projects and the U.S. Embassy, must return to the state. The decision is not final and can be challenged, zf.ro reports.
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03
Jan
2019

Carrefour leases 80,000 sqm from WDP in Romania

by Property Forum
Carrefour has once again opted for WDP as its real estate partner for two new WDP sites in Romania (namely in Deva and in Brazi), totalling a surface of around 80,000 sqm. Both development projects represent an investment volume of around €40 million.
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20
Dec
2018

EIB lends €150 million to WDP in Romania

by Property Forum
The European Investment Bank (EIB) is lending €150 million to Warehouses De Pauw (WDP) to finance the construction of 43 warehouses, all located in Romania’s convergence regions. The new logistics facilities will be rented long-term, with a focus on establishing new logistics or light industrial operations. This will promote employment generation and the EU's supply chain security, resulting in particular from the rapidly growing e-commerce business platforms.
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17
Dec
2018

WDP to build 77,000 sqm warehouse for Auchan Romania

by Property Forum
Belgian developer WDP has signed a €45 million deal for the development and lease of 77,000 sqm of logistics warehouse space for the Romanian arm of French retailer Auchan.
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