Werk invests €14 million in Timisoara residential project

28
Mar
2018
News - Werk invests €14 million in Timisoara residential project #development #residential #Romania #Timisoara #Werk Property Group

by Import Sys | Residential

Real estate developer Werk Property Group is planning to invest €14 million in Vox Vertical Village, a residential project in Timisoara. The development of the 120 housing units is scheduled to start soon with completion scheduled for the end of 2019.


The project is revolving around the concept of “vertical woods”. Each apartment will feature a wide terrace.
 
Vox Vertical Village is being built near Vox Technology Park, also developed by Werk Property Group. The complex will also include Vox Green Parking, an overground parking lot with 400 spaces.



Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


Latest news

News - Hungary on the map again: Join our free webinar
16
Apr
2026

Hungary on the map again: Join our free webinar

by Property Forum
Hungary's parliamentary election on 12 April 2026 has placed the country firmly back in the conversation for international real estate investors. The end of the Orbán era — and the prospect of renewed EU relations, unlocked cohesion funds, and a more stable regulatory environment — makes this a moment worth examining closely. Join Property Forum for a free, expert-led webinar to assess what the new political landscape means for real estate investors, occupiers, and developers active in or considering Hungary.
Read more >
News - Czech industrial market hits demand-lease balance for first time in years
16
Apr
2026

Czech industrial market hits demand-lease balance for first time in years

by Property Forum
In 2025, indicative demand for industrial and logistics space in the Czech Republic almost matched the volume of lease agreements actually signed for the first time in several years, according to Cushman & Wakefield.
Read more >
News - New office deliveries in Warsaw top 40,000 sqm in Q1 2026
16
Apr
2026

New office deliveries in Warsaw top 40,000 sqm in Q1 2026

by Property Forum
Warsaw's office market demonstrated a significant increase in development activity during Q1 2026, with new deliveries vastly outperforming the previous year’s figures. 
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy