ARTICLES LABELLED WITH TAG bucharest
17
Jun
2020
Jun
2020
55,000 sqm Bucharest office complex changes hands
Real estate investment company Arion Green has acquired the Global City office complex located in Pipera from Global City Business Park. The transaction was closed at the end of April.
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17
Jun
2020
Jun
2020
Bucharest ranks as one of Europe’s top tech cities of the future
Bucharest has been named one of the top 10 European Tech Cities of the Future for 2020/21, according to fDi and TNW. The Romanian capital ranks as #7 making the Central & Eastern European city with the highest score. Five other cities – Warsaw (#15), Sofia (#20), Prague (#22), Tallinn (#23) and Krakow (#24) have made it into the top 25.
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11
Jun
2020
Jun
2020
Apex Alliance to open new Bucharest hotel in July
Lithuanian group Apex Alliance Hotel Management plans to open the new Moxy Bucharest Old Town hotel on July 20. The total investment cost of the hotel equals €12.5 million.
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03
Jun
2020
Jun
2020
CCIR and Iulius plan major mixed-use project in Bucharest
The Romanian Chamber of Commerce and Industry (CCIR) and real estate developer Iulius are proposing a large-scale mixed-use project around the existing Romexpo Exhibition Center in Bucharest. The €2.87 billion investment plan would the see creation of the city’s largest business district with over 30,000 new jobs, museums and a multi-use event hall, a new park and green urban connections, a retail and lifestyle centre and 12,000 parking spaces.
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28
May
2020
May
2020
Hagag and Global Vision sign PM agreement for Bucharest office building
Real estate developer Hagag Development Europe and Global Vision signed a collaboration agreement for the property management services of Hagag’s office building H Victoriei 109. Thus, Global Vision takes over the administration of the property located on Calea Victoriei.
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27
May
2020
May
2020
Atenor obtains building permit for new Bucharest project
Belgian developer Atenor has obtained a building permit for its Up-Site Bucharest project which will consist of 270 residential units in two glass towers of 12 and 24 floors. Upon completion, these two towers will be the tallest residential buildings in the Romanian capital.
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26
May
2020
May
2020
Logistics developers focus on BTS projects in Romania
The stock of industrial and logistics space in Bucharest has doubled between 2015 and 2020 with the capital of Romania being the most dynamic market in the Central and Eastern European region and a logistic regional hub throughout the analyzed period, according to Cushman & Wakefield Echinox.
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22
May
2020
May
2020
Hagag sells 60% of units in Bucharest residential project
Real estate developer Hagag Development Europe has completed the structure of the first three buildings related to the first phase of the large-scale residential project H Pipera Lake. Construction works for buildings 4 and 5 reached the ground floor. Out of the total number of apartments available in the first three buildings, 60% have already been sold
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21
May
2020
May
2020
Rock Development starts €30 million resi project in Bucharest
Local real estate developer Rock Development, controlled by a subsidiary of UniCredit Group, has launched the construction of the Avrig Park Residence residential project in Bucharest’s Bucur Obor area.
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19
May
2020
May
2020
Bucharest parking lot to be converted into office building
Romanian investor Dragos Dragoteanu, the owner of local real estate company Euroest Invest, plans to develop an office project on a land plot he owns near Victoriei Square in central Bucharest, Ziarul Financiar reports.
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Latest news
- Report: 85% of flex operators plan expansion in the coming years
- Fiege tops 50,000 sqm of leased space in Panattoni projects
- Panattoni sells 32,000 sqm logistics park in Ruda Śląska
- CTP signs 37,000 sqm lease with P&G in Prague
- Meta Estate Trust opens its first retail park near Bucharest
- Where capital is returning and why resilience matters more than ever
- Trigea Fund buys 88,000 sqm logistics park near Warsaw
- Lululemon plans expansion in Eastern Europe
- Primark plans to double store network in Romania
- Romania heads for weak December shopping season over consumer caution
New leases
- Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
- Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
- Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
