ARTICLES LABELLED WITH TAG Timisoara

News Iulius office building in Timișoara gets certified
16
Jul
2020

Iulius office building in Timișoara gets certified

by Property Forum
United Business Center 3 in Timișoara has become the only LEED ‘Platinum’ certified office building in Romania outside Bucharest and the third one in the country.
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News Speedwell starts works on Timișoara mixed-use project
02
Jul
2020

Speedwell starts works on Timișoara mixed-use project

by Property Forum
The works for Speedwell’s newest project, Paltim, will soon kick off in the city of Timișoara. The demolition permit has been issued and the works are set to start in the first part of July 2020.
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News Italian company to build €80 million resi project in Timișoara
18
Jun
2020

Italian company to build €80 million resi project in Timișoara

by Property Forum
Italian group FRI-EL Green Power, a renewable energy producer, plans to invest over €80 million in developing the Ateneo residential project in the Romanian city of Timișoara.
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News Sapient Vest to build new logistics park in Timișoara
12
Mar
2020

Sapient Vest to build new logistics park in Timișoara

by Property Forum
Sapient Vest, a company controlled by Slovakia’s Slovunit AS, is planning to develop a logistics park in Timișoara. Sagului Logistic Center will spread over 400,000 sqm on Calea Sagului, economica.net reports.
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News Globalworth Industrial reaches 100% occupancy rate
20
Feb
2020

Globalworth Industrial reaches 100% occupancy rate

by Property Forum
Globalworth signed a lease with DS Smith for its second logistics park in Timisoara, a project belonging to Globalworth Industrial, its industrial and logistics sub-brand. DS Smith decided to relocate its Service Center operations from Timisoara, renting more than 6,000 sqm at the park. Following this new collaboration, the occupancy rate in all completed industrial projects under the Globalworth umbrella reached 100%.  
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News Growing demand for industrial assets in Western Romania
18
Feb
2020

Growing demand for industrial assets in Western Romania

by Property Forum
The industrial property market in the western and north-western areas of Romania is growing rapidly, after the stock has doubled in just four years, becoming the second-largest market after Bucharest. Stock is expected to exceed 700,000 sqm this year, according to CBRE data. The company recently advised the lease of a total area of about 18,000 sqm of industrial space within the Timisoara Industrial Park II project, which thus became fully occupied.
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News Alpha Bank sells plot of land in Timișoara
20
Jan
2020

Alpha Bank sells plot of land in Timișoara

by Property Forum
Alpha Bank Romania has sold a 60,000 sqm plot of land in Timișoara to German retail chain Lidl and two other investors. The Romanian bank previously planned to develop a shopping centre there, Ziarul Financiar reported.
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News Mulberry Development to build hotel in Timișoara
09
Dec
2019

Mulberry Development to build hotel in Timișoara

by Property Forum
Real estate developer Mulberry Development, controlled by businessman Ovidiu Șandor, has obtained the building permit for the Radisson Blu hotel in Timișoara. The 160-room hotel will be completed in 2021. The hotel will be operated by the Radisson Hotel Group.
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News Large-scale mixed-use project opens in Timișoara
05
Sep
2019

Large-scale mixed-use project opens in Timișoara

by Property Forum
Companies Iulius and Atterbury Europe have opened the Iulius Town mixed-use project in Timișoara, the largest investment in the region, adding up to a total of €442 million. Iulius Town entailed integrating Iulius Mall Timișoara into an extensive urban regeneration project, completing it with retail, office and entertainment uses.
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News Timişoara mixed-use project to open in August
20
Jun
2019

Timişoara mixed-use project to open in August

by Property Forum
On the 30th of August 2019, Iulius and Atterbury Europe will open the first phase of the Iulius Town Timişoara project (formerly known as Openville), the largest real estate investment in the region, adding up to more than €220 million. This is the first mixed-use development in the west of Romania.
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Latest news


New leases

  • Gemini Park Tarnów will see the debut of the first Unisono shop in eastern Małopolska. The new tenant will occupy a 152 sqm unit. The store will open later this year.
  • The Gemini Park Tychy shopping centre is extending cooperation with its long-standing partner, the Silesia Jeans brand. The multibrand, which offers brands such as Levi's, Mustang, Lee and Wrangler, will soon open its second shop in the Tychy mall. The new store will be filled with clothes and accessories from two American fashion brands: Tommy Jeans and Calvin Klein Jeans. The new unit will be 140 sqm in size and is scheduled to open in the first quarter of 2023.
  • Building E belonging to the Nowy Rynek complex developed by Skanska in Poznań, although still under construction, is already attracting its future tenants. The international company Wunderman Thompson Technology will open its office here on approximately 2,000 sqm.

New appointments

  • 108 Agency promoted Matej Indra to Head of Industrial Agency for the Czech Republic.
  • Michał Ozimek has joined the Valuation department at Corees Polska - Commercial Real Estate, taking up the position of Senior Valuation & Investment Analyst. Working in the agency's Warsaw branch, he will be responsible for supporting processes related to the development of property valuations.
  • P3 Logistic Parks strengthens its team in Poland. Having worked as Deputy Head of Leasing since 2019, Iwona Sadowska has now been promoted to the position of Head of Leasing.


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