ARTICLES LABELLED WITH TAG Romania

News IMPACT raises €8 million from bond sale
02
Oct
2023

IMPACT raises €8 million from bond sale

by Property Forum
Romanian development company IMPACT Developer & Contractor has raised €8 million from a bond sale that targeted institutional investors. The bonds have a maturity of 48 months and the proceeds from transaction will be used to finance current operations and new residential investments.
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News Griffes to manage leasing of J8 Office Park
02
Oct
2023

Griffes to manage leasing of J8 Office Park

by Property Forum
Property developer Portland Trust has inked a partnership with Griffes for managing the leasing and commercial operations of Bucharest-based J8 Office Park.
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News NEPI Rockcastle completes infrastructure investment in Craiova
28
Sep
2023

NEPI Rockcastle completes infrastructure investment in Craiova

by Property Forum
NEPI Rockcastle, the biggest owner of shopping malls in Romania, has donated a boulevard to Craiova municipality. The road was completed following an investment of €10 million and will streamline traffic around the Promenada Craiova retail project, which will open on October 5. 
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News Hercesa gets bank loan for resi project in Bucharest
27
Sep
2023

Hercesa gets bank loan for resi project in Bucharest

by Property Forum
Spanish developer Hercesa has obtained a loan worth 33 million lei (€6.6 million) from Libra Internet Bank for the construction of a new residential project in western Bucharest. 
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News Employees expect employers to support their work-life balance
27
Sep
2023

Employees expect employers to support their work-life balance

by Property Forum
Mindspace unveiled the results of a recent survey of employees from industries worldwide regarding shifting sentiment towards the workplace. Their latest report reveals that 9 out of 10 employees consider wellbeing facilities and offerings to be critical when choosing a workplace, and 82% expect support from their employers in achieving a work-life balance.
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News Ex-industrial platforms lead land deals in Bucharest
26
Sep
2023

Ex-industrial platforms lead land deals in Bucharest

by Property Forum
Almost 60 hectares of land plots suitable for the development of real estate projects were transacted in the Bucharest – Ilfov region in the H2 2022 – H1 2023 period, with former industrial platforms accounting for some of the largest transactions, according to a report by Cushman & Wakefield Echinox.
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News Redport Capital to start new resi phase in Bucharest
26
Sep
2023

Redport Capital to start new resi phase in Bucharest

by Property Forum
Romanian developer Redport Capital will start this fall the construction of the third phase of The Level Apartments complex in northern Bucharest. The company says it has already pre-sold 40% of the apartments in the new phase that will be completed following an €12 million investment. 
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News Radisson hotel to open in Bucharest mixed-use scheme
26
Sep
2023

Radisson hotel to open in Bucharest mixed-use scheme

by Property Forum
Radisson Hotel Group was selected to be the operator of the hotel component in the Central District Lagoon City, developed in Bucharest by Forty Management. The Radisson Lagoon Hotel Bucharest is planned as the first of several such branded co-operations across the globe. 
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News Meta Estate Trust invests in Redport Capital
22
Sep
2023

Meta Estate Trust invests in Redport Capital

by Property Forum
Romanian property holding Meta Estate Trust has sold its 40% stake in Redport Properties, the developer of The Level Apartments project in Bucharest, for more than €2.7 million. Additionally, the holding has decided to gradually reinvest €2 million by acquiring 10% of Redport Capital for future developments.
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News Rock Holding gets permit for hotel in Poiana Brașov
21
Sep
2023

Rock Holding gets permit for hotel in Poiana Brașov

by Property Forum
Romanian company Rock Development Holding has obtained the construction permit for its first five-star hotel in Poaiana Brașov which will attract an investment of €70 million.
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Latest news


New leases

  • Confectionery Batida has joined the tenants of the LIXA City Gardens retail concept that is being arranged in the LIXA office complex near the Daszyński Roundabout in Warsaw.
  • Vileda expanded its office located in MyHive IO-1 in Warsaw, owned by CPI Property Group, to 712 sqm. Przemysław Urbański from Avison Young Poland supported Vileda in the negotiation process.
  • The LUX MED Group extended a 2,200 sqm lease agreement in the O3 Business Campus in Kraków managed by EPP

New appointments

  • Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
  • Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
  • Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.

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