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 »

The short-list for the upcoming 9th annual EuropaProperty SEE Real Estate Awards, representing the most outstanding and accomplished projects, companies and individuals throughout the SEE region in 2013, has been announced. Furthermore, leading players from the dynamic SEE real estate markets are now braced to take part in the region’s premier commercial real estate awards event on April 10th 2014, at the Athenee Hilton Hotel, Bucharest, Romania. ...more »

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 »

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 »

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 »

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 »

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 »

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 »

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 »

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 »