ARTICLES LABELLED WITH TAG Romania

20
Mar
2019

Globalworth announces new strategic investor

by Property Forum
Globalworth announced that Aroundtown SA has acquired an 11.8% stake in the Company. Aroundtown is a real estate company with a focus on properties with value-add potential in central locations in top tier cities primarily in Germany and the Netherlands. With a commercial real estate portfolio worth more than €13 billion, Aroundtown is the largest and highest rated (BBB+ by S&P) commercial real estate company in Germany and the 4th largest in Europe (based on market cap of €8.6 billion).
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20
Mar
2019

C&W Echinox to manage Bucharest office building

by Property Forum
Cushman & Wakefield Echinox was appointed to manage One Victoriei Center office building in Bucharest (former Bucharest Corporate Center), a representative business centre located in the business centre area of the Capital (CBD).
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14
Mar
2019

More market players consider CEE property to be expensive

by Ákos Budai
Investment market momentum is still firmly positive across Central and Eastern Europe but an increasing share of market players feel that commercial property has become expensive in the countries surveyed by the RICS Commercial Property Monitor. Although the majority of the survey’s contributors believe that the market is in the peak phase of the property cycle, growth is set to continue in the coming year.
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13
Mar
2019

Asian investors look at Romanian properties

by Property Forum
The local real estate market has begun to attract the attention of major Asian investors, as groups from China and South Korea are exploring the potential to invest directly in the primary commercial markets. It is feasible that the first transaction could occur by the end of this year, according to Cushman & Wakefield Echinox consultants.
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08
Mar
2019

GLL puts Bucharest office building up for sale

by Property Forum
GLL Real Estate Partners has put the Floreasca Park office project up for sale. The office building is located in the northern part of Bucharest.
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08
Mar
2019

Globalworth starts new office project in Bucharest

by Property Forum
Globalworth has started the construction of its new office project, Globalworth Square. The project it located in the Barbu Văcărescu area, in Bucharest's busiest office hub, between Globalworth Plaza and Green Court, both owned by Globalworth.
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08
Mar
2019

AFI Europe’s parent-company changes owners

by Property Forum
Africa Israel Investments, an international holding and investments company based in Israel, sold the controlling stake in Africa Israel Properties (AIP), the parent-company of AFI Europe.
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08
Mar
2019

MAS Real Estate to buy €113 million portfolio in Romania

by Property Forum
MAS Real Estate has entered into an agreement with PKM Developments, a joint venture with its peer Prime Kapital, to buy a property portfolio consisting of nine shopping value centres in Romania for €112.97 million. The centres are being held by PKM Developments through three subsidiaries - PK Black, PK Indigo and PK Red.
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21
Feb
2019

Hagag to start residential project in central Bucharest

by Property Forum
Israeli developer Hagag Development Europe has received the building permit for the Victoriei 139 residential project which will see the transformation of an old building located on Calea Victoriei in central Bucharest.
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21
Feb
2019

WDP builds 60,000 sqm warehouse for Pirelli in Romania

by Property Forum
WDP will be constructing a new 60,000 sqm warehouse for Pirelli in Slatina, Romania as part of an expansion of the tyre manufacturer’s existing production facility. WDP projects an investment of some €40 million for this development.
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