Real estate
July 08, 2014 16:53
Romanian International Bank (RIB) is rebranding to Idea Bank following the recently closed transaction in which Polish bank Getin Holding took it over. The bank has also announced the relocation in Hermes Business Campus where leased 3,500 sqm for its new headquarter and the debt recovery division....more »
July 04, 2014 12:40
The domestic real estate market has seen a drop in terms of values of transactions in the second quarter of the year, falling to 66 million euro, following a major advance in Q1 when the combined value of such deals slightly exceeded 300 million euro, according to CBRE....more »
July 03, 2014 15:05
French retailer Auchan has reached an agreement for taking over 12 hypermarkets and shopping centers in Romania, in a real estate transaction coming to some 280 million euro, reads ZF....more »
June 19, 2014 16:18
The real estate developer AFI Europe has signed a 220 million euro financing agreement with a banking consortium comprising of Deutsche Pfanbriefbank, Erste Group Bank and Raiffeisen Bank for refinancing AFI Palace Cotroceni, project valued in ...more »
June 18, 2014 09:33
About half of the employees of Orange Romania will move to the new office park developed by Skanska in northern Bucharest, the Floreasca area, where rented 13,700 sqm, announces the Swedish construction group....more »
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 »
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