Govnet

Immofinanz approves package sale of CA Immo shares to Starwood

The Supervisory Board of IMMOFINANZ AG today approved the package sale of the approximately 26% investment in CA Immobilien Anlagen AG (CA Immo). The 25,690,163 bearer shares and four registered shares in CA Immo will be purchased by SOF-11 Starlight 10 EUR S.à r.l., a member company of the Starwood Capital Group (Starwood).

IT and outsourcing are the main drivers for office space demand in Romania

The Bucharest office market saw a net take-up of close to 45,000 sqm in this year’s third quarter. According to data from the real estate consultancy company Colliers International, the demand came mostly from IT and BPO/SSC companies, including from the new entries in the market: Amazon, GoPro and Systematic.

The new type of mix in retail – How to transform shopping centers to attract more customers

The retail market in Romania is taking full advantage of the increase in consumption, but this trend will probably not last long, representatives of the shopping centers think. They are already talking about the transformation of the retail mix by accentuating the areas that are not strictly shopping-related.

Real estate

Reconfiguring the Bucharest office map: New magnet areas for development

The office space market in Bucharest is very active this year, both in terms of new project deliveries and transaction volumes, but also in terms of rebalancing the city from the perspective of interest areas for development. Govnet.ro analyzed, with the help of real estate consultants, the main trends of this market, from the new development poles for the big office assemblies to the the new wave of downtown boutiques-office buildings and the tenants' profile.

Globalworth attracted 46 million euros from BCR for the development of Renault Bucharest Connected

Popovici, Niţu, Stoica & Asociaţii and PeliFilip in the sale of The Bridge project

Immofinanz approves package sale of CA Immo shares to Starwood

Globalworth announced investment plans for Romania and financial results

IT and outsourcing are the main drivers for office space demand in Romania

The new type of mix in retail – How to transform shopping centers to attract more customers

Reconfiguring the Bucharest office map: New magnet areas for development

ING Romania to move its headquarter in 20,000 m2 of Portland Trust’s Blue Rose Office Park