Real estate
June 03, 2014 12:51
The first phase of the Liberty Technology project in Cluj-Napoca has been fully leased with Siemens letting 3000 sqm in the business park. Seven companies are already located there since its opening in December 2013, the domestic subsidiary of the German-based engineering group joining Halcyon Mobile, Recall, La Casa, Makronetz, Ecuson Studio, Spherik Accelerator and Tulemod, according to the project developer, Fribourg Capital. Siemens will effectively relocate one of its departments in Liberty Technology Park starting August 2014....more »
May 22, 2014 16:08
Green Gate, the largest office building to be delivered this year in Bucharest, a project development by Czech company S Group Holding has been completed with an occupancy rate which has reached 60 percent so far, according to ZF....more »
May 21, 2014 15:46
Ericsson Romania, the domestic subsidiary of the Swedish-based manufacturer of telecommunication equipment, increases the surface let within West Gate office park with other 4,000 sqm. Hence, the total area occupied by Ericsson adds up to 16,000 sqm, the lease period being extended by 2019, according to a press release of Genesis Development, which developed the project....more »
May 20, 2014 12:06
Investment fund Equest Balkan Properties confirmed the sale of the retail park incorporating Vitantis Shopping Center which will be taken over by Revetas Capital, an investment manager in Central and Eastern Europe which targets distressed real estate projects or single asset transactions, according to Mediafax....more »
May 16, 2014 16:02
The German-based logistics company, Rhenus Logistics moved its operations to Mercury Logistics Park, near the Bucharest-Pitesti highway, where rented 14,000 sqm, becoming the largest real estate transaction so far in 2014, according to GS Capital Advisory which provided advisory services to Rhenus, states ZF....more »
May 06, 2014 14:41
Unirea Shopping Center aims to take this year a loan of up to 70 million euro to support its investment programme. The loan which will be released in tranches is expected to be approved during the Extraordinary General Meeting of Shareholders scheduled for June 5, 2014, according to an informing sent to the Bucharest Stock Exchange....more »
April 25, 2014 11:19
Benevo has obtained the construction permit for Victoria City Center, project that was initially scheduled to start at the beginning of the year, thus the company announces that construction works will eventually begin this July after the contracting of a construction company planned for the following month. Its opening is expected next year, in October....more »
April 16, 2014 13:09
Element Development will develop a new real estate project on the site of the former Grivita brewery. The project valued at some 40 million euro also includes some of the old buildings in the area which will be conserved, according to a company ...more »
April 14, 2014 15:53
The best-performing real estate professionals in the South Eastern Europe region have been recognized by EuropaProperty during its 9th annual SEE Real Estate Awards Gala, last Thursday, April 10....more »
April 07, 2014 13:20
The Danish retailer JYSK has leased 1.200 sqm in ColosseumRetail Park, the new retail box being scheduled for opening this week, on April 10. Located in the North-West Bucharest, the retail park developed by Nova Imobiliare and inaugurated in 2011, has a leasable area of 37.500 sqm, including among its major tenants Carrefour, Altex and Leroy Merlin Bricolage. With the new lease agreement concluded, transaction arranged by Jones Lang LaSalle, there remains a single big box unit available, its letting being currently under negotiations...more »
Govnet Next Events