ARTICLES LABELLED WITH TAG Bucharest

News Bucharest's AFI Tech Park achieves LEED pre-certification
04
Jul
2017

Bucharest's AFI Tech Park achieves LEED pre-certification

by Ákos Budai
AFI Tech Park, the newest office project developed by AFI Romania, achieved a LEED Platinum pre-certification. AFI Tech Park is a business campus that will offer 56,000 sqm GLA of Class A office space, comprising of two office buildings of GF+8 and one office tower (GF+14). 
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News Globalworth buys third Green Court Bucharest building
03
Jul
2017

Globalworth buys third Green Court Bucharest building

by Ákos Budai
Globalworth Real Estate Investments has acquired Building C of the Green Court Bucharest campus developed by Skanska. The gross transaction value is approximately €38 million and the acquisition is expected to close in Q3 2017.
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News Colliers to manage Bucharest's Art Business Center
23
Jun
2017

Colliers to manage Bucharest's Art Business Center

by Ákos Budai
Colliers International has been assigned by Hili Properties to provide property management services for the Art Business Center office project, which houses the largest private hospital in Romania. Thus, Colliers International reaches a managed portfolio of over 280,000 leasable sqm and enters a new segment, that of private hospitals, marking a premiere for the local property management market.
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News AFI Europe to sell Bucharest office park for €164 million
06
Jun
2017

AFI Europe to sell Bucharest office park for €164 million

by Ákos Budai
AFI Europe signed a pre-agreement to sell AFI Park 1-3 office buildings to Dedeman, a Romanian DIY retail company. The agreement also includes an option to sell AFI Park 4&5. The total price for AFI 1-5 is approximately €164 million. 
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News Bucharest's office market is getting greener
18
May
2017

Bucharest's office market is getting greener

by Ákos Budai
The Bucharest office market recorded leasing transactions more than 100,000 sqm during Q1.2017, almost doubling the volume of transactions recorded in the same period of the previous year. Net office take-up during Q1 2017 stood at 57,200 sqm. Colliers International published its summary of the Bucharest office market in Q1 2017
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News Renegotiations drive the Bucharest office market
08
May
2017

Renegotiations drive the Bucharest office market

by Ákos Budai
Q1 2017 saw Class A & B take-up reach approximately 97,300 sqm on the Bucharest office market and the average transaction size increased from approximately 1,800 sqm in Q1 2016, to approximately 2,400 sqm in Q1 2017.  There were 9,550 sqm delivered in two projects in the CBD (Central Business District), Knight Frank reports.
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News Elbit Imaging puts two Bucharest hotels on the market
05
May
2017

Elbit Imaging puts two Bucharest hotels on the market

by Ákos Budai
NASDAQ and the Tel Aviv Stock Exchange-listed Elbit Imaging has put two of its Bucharest hotels on the market. The company is hoping to finalise the sale of the five-star Radisson Blu and the four-star Park Inn by the end of the year. 
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News Malta-based investor buys Bucharest office building
05
May
2017

Malta-based investor buys Bucharest office building

by Ákos Budai
Hili Properties, the real estate division of Hili Ventures, has finalised the acquisition of ART Business Centre in Bucharest from FBC Exclusive Company for €30 million.
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News P3 continues expansion in Bucharest
12
Apr
2017

P3 continues expansion in Bucharest

by Ákos Budai
P3 has started the construction of a new warehouse at P3 Bucharest Park. The 13,900 sqm logistics facility will include 400 sqm of offices. P3 is already in advanced discussions with a potential customer interested in leasing the whole building.
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News Developers will need to embrace huge changes in Romania
06
Apr
2017

Developers will need to embrace huge changes in Romania

by Ákos Budai
Key players of the Romanian property market are highly optimistic about the future. They expect strong demand to last for several more years and major changes to happen in almost all segments of the market. 50 speakers and more than 200 visitors came together at SEE Property Forum 2017, co-organised by Property Forum and RICS, to analyse the potential of the Romanian real estate market from a global perspective. Here’s our second report from Bucharest.
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Latest news


New leases

  • The Alsendo company has decided to lease 1360 sqm of space in Plac Unii in Warsaw for its office. Invesco Real Estate, the owner of the complex, was represented by Colliers in the transaction. Alsendo was advised by Savills.
  • Poland's only outlet store of the Italian brand Boggi Milano has opened in Designer Outlet Warsaw. On approximately 170 sqm, customers will find a large selection of men's formal and casual clothing.
  • Sii Poland has extended its lease agreement at West 4 Business Hub I in Wrocław for another five years. The company occupies approximately 2,300 sqm in the office building.

New appointments

  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Katarzyna Chwalbińska-Kusek has taken on the role of business line head specialising in complex ESG consulting and will lead a multidisciplinary team of experts at Baker Tilly TPA.
  • Corees Polska announces the addition of Anna Shpatakova to the team as Associate Director. She will be responsible for providing comprehensive advice to office and industrial tenants.

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