ARTICLES LABELLED WITH TAG STC Partners

News STC Partners to start new resi project in Bucharest
05
Aug
2024

STC Partners to start new resi project in Bucharest

by Property Forum
STC Partners will start a new residential project in Bucharest after completing the acquisition of a land plot for €7.2 million.
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News STC Partners secures €10 million financing for Bucharest resi project
20
Jun
2024

STC Partners secures €10 million financing for Bucharest resi project

by Property Forum
STC Partners has obtained a bank loan of €10 million from Banca Transilvania for the construction of the second phase of its Quartier Azuga residential project in Bucharest.
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News STC Partners stars second phase of Bucharest resi project
25
Apr
2024

STC Partners stars second phase of Bucharest resi project

by Property Forum
STC Partners has kicked off the development of the second phase of residential complex Quartier Azuga in Bucharest, with a planned investment of more than €15 million.
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News Housing market in Romania to post higher demand in 2024
14
Mar
2024

Housing market in Romania to post higher demand in 2024

by Property Forum
The residential market has a positive outlook this year, over favourable macroeconomic conditions and higher demand levels, especially expected to realise in H2 2024, according to a report by residential developer STC Partners.
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News "Banks have become more reluctant to finance the residential sector"
01
Aug
2023

"Banks have become more reluctant to finance the residential sector"

by Ovidiu Nicolae
Adi Steiner, Managing Partner of STC Partners spoke to Property Forum about the developer’s new residential project in Bucharest and new investment opportunities being explored nationwide, as well as the increasingly sophisticated requirements of home buyers, with a focus on sustainability.
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News Housing loans hold only 9% of GDP in Romania
28
Feb
2023

Housing loans hold only 9% of GDP in Romania

by Property Forum
Romania has one of the lowest volumes of housing loans as a share of GDP, being for instance six times lower than Poland in absolute terms, according to a study published by Romanian developer STC Partners. 
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News STC Partners gets funding for Bucharest resi project 
17
Jan
2023

STC Partners gets funding for Bucharest resi project 

by Property Forum
Romanian developer STC Partners has secured bank financing from Banca Transilvania for the first phase of Quartier Azuga residential project in Bucharest worth €6 million. 
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News STC Partners starts construction of Bucharest apartments
15
Nov
2022

STC Partners starts construction of Bucharest apartments

by Property Forum
Romanian developer STC Partners has started the construction of the first phase of the Quartier Azuga residential complex in Bucharest. 
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News STC Partners gets permit for Bucharest resi project
04
Oct
2022

STC Partners gets permit for Bucharest resi project

by Property Forum
Property developer STC Partners has obtained the building permit for both phases of the Quartier Azuga residential complex, along with the Green Homes pre-certification and will start construction works for the first phase this autumn. 
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News STC Partners to develop new resi project in Bucharest
23
Jun
2022

STC Partners to develop new resi project in Bucharest

by Property Forum
STC Partners will invest more than €20 million in a new residential complex comprising over 200 apartments in Bucharest. The first development phase of Quartier Azuga will kick off in October 2022 and is slated for delivery in the first semester of 2024, while the entire project should be completed in early 2025. Crosspoint Real Estate has been appointed exclusive sales agent. 
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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