Real estate
March 25, 2014 12:38
Globalworth Real Estate Investments announces the signing of lease agreements with Vodafone and Huawei for 37.5 percent of the available leasable area in Bucharest One, the office tower which will be completed in the last quarter of the next year. Vodafone has leased 16.000 m2 for a ten-year period in the new building located in Northern Bucharest – Floreasca/ Barbu Vacarescu area. With the other tenant, Huawei, the investment fund has concluded an agreement for leasing 2.500 m2 for a five-year period....more »
March 05, 2014 15:49
The 9th annual EuropaProperty SEE Real Estate Awards Gala & Forum is the only event of its kind covering the South Eastern European region. The event brings together the most active international and local developers, bankers, investors, lawyers and other CRE professionals operating in the region....more »
February 06, 2014 16:02
Last year, the South African investment group managed to significantly extend its real estate portfolio in Romania where is one of the most dynamic developers. NEPI completed the acquisition and development of several properties in both retail and office real estate sectors....more »
February 03, 2014 10:29
Real estate investment company Globalworth Real Estate Investments appointed BOG’ART as general contractor for the construction of the Bucharest One office tower, according to the company. BOG’ART is one of the largest contractor and construction companies in Romania, having been responsible for several office real estate projects in Bucharest such as Tower Center International, Charles de Gaulle Plaza and City Gate. ...more »
January 28, 2014 12:39
Impact Developer & Contractor, one of the first players in the real estate market in Romania, anticipates an important advance within the coming years in terms of revenue which aims to grow up to 50 million euro annually, by 2018....more »
January 20, 2014 12:55
AFI Europe Romania rents out almost half of the leasable area in its new office building, AFI Park 3, to the British IT company, Endava. The contract was concluded for 40 percent (5000 m2) of the total area, being the first one AFI signed in 2014, a company release informs. This agreement includes the lease of four floors of this third office building part of the AFI Park project, as well as the possibility to extend to other areas, according to Endava’s development plan....more »
January 14, 2014 14:34
Commercial real estate volume in Central and Eastern Europe exceeded 10 million euro in 2013, resulting in an increase by some 31 percent over 2012, hence, the last year becoming the second strongest one since 2008, according to the latest data released by the global property advisor CBRE Group....more »
December 20, 2013 14:17
Swan Office & Technology Park office building has been put up for sale by its official receiver for a starting price of 42,7 million euro, according to Mediafax. The office complex located in Pipera-Tunari was developed by Swan Property which is controlled by investment fund Chayton Capital, insolvent since January 2013...more »
December 18, 2013 11:43
After paying almost 62 million euro for the Lakeview office building, which has been considered the biggest real estate transaction in 2013, the South-African Group has acquired City Park Constanta shopping center for 81 million euro, according to ZF....more »
November 22, 2013 15:46
Real estate developer Tagor starts a new residential project in Timisoara, the estimated value of the investment for the first stage being of 7.3 million euro. After two other similar projects, the new complex is designed to include over 1.200 flats and a 6.300 m2 park, though the initial stage supposes the finalization of only 10% of the total living spaces targeted – some 107 apartments, according to a company release – ‘Timisoara becomes the third residential project Tagor develops in Romania, as part of an investment plan worth 110 million euro.’...more »
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