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Lufkin Industries opens its new plant in Ploiesti West Park

Lufkin Industries is opening today its new plant in Ploiesti West Park. In 2010 Lufkin acquired 33 ha of land within Ploiesti West Park to set-up one of their largest bases. more...
Wednesday, 19. June 2013

G2 Travel signs on as tenant for Sun Offices

S Immo AG has gained another renowned tenant for its Sun Offices project in Bucharest: G2 Travel will move into roughly 1,000 m² of modern office space in the third floor of the building. The lease term is five years. The Sun Offices... more...
Tuesday, 18. June 2013
SkyTower - Photo: SkyTower

Raiffeisen evolution completes Romania's tallest building

An exciting project, influenced by the crisis, has finally had a successful conclusion. Viennese developer Raiffeisen evolution completes Romania's tallest building, the SkyTower... more...
Wednesday, 12. June 2013

Starlight Suites hotel to be converted into office building

CBRE Romania has been appointed as Project & Cost Manager for the conversion into an office building of the Starlight Suites hotel, located in the Metropolis center, in Bucharest. more...
Monday, 10. June 2013

AFI Palace Ploiesti starts construction of Phase 2 entertainment center

AFI Europe Romania has leased close to 90% of AFI Palace Ploiesti, the first and only modern shopping mall under development in the city center of Ploiesti, which will open on October 3rd 2013. more...
Thursday, 6. June 2013

Bucharest reaches 1.997 million m² office supply

At the end of Q1 2013, the total office supply in Bucharest reached approximately 1.997 million m², as shown in the latest DTZ report, Property Times Offices - Romania. The new supply finalised in the first three months of 2013 include... more...
Wednesday, 29. May 2013

Colliers International launches prototype of the Gen Y Office

Colliers International partnered with ASUS, Techo, Bene, Bittnet Systems, Saint-Gobain RIGIPS and architecture studio Prographic to compile a prototype for the office of the future. This is the first headquarter of a Romanian company,... more...
Wednesday, 15. May 2013

€116 million investment activity in the first quarter

Within Q1 2013, total investment volume accounted for €116 million, representing 18% increase against the same period of previous year. As for Q1 2013 the dominant sector was office with a share of 65.7% of the quarterly volume... more...
Tuesday, 14. May 2013
Mega Mall, Bucharest, Romania, Retail, Shopping Center - Photo: Mega Mall, Bucharest, Romania, Retail, Shopping Center

Construction start for Mega Mall

Mega Mall project to be developed by Real 4 You Group in Bucharest aims a 50% occupancy in the following months, which allows the Austrian developer to prepare the start of the construction. more...
Friday, 10. May 2013

Epstein is the first tenant of Magheru One

Starting with the end of April, Epstein Architecture & Engineering relocated its offices in this newly refurbished office building located at 1-3 Magheru Boulevard, 3rd floor. Completely renovated and transformed into a modern office... more...
Friday, 10. May 2013

Cora signs lease in Victoria City Lifestyle Retail Center

The retail developer Benevo signed a binding lease agreement with Cora for a 12,000 m² hypermarket in its Victoria City Lifestyle Retail Center, a 68,000 m² GLA mixed use project in Bucharest. Based on contracts signed to date by... more...
Thursday, 25. April 2013

Marsh leases in Floreasca Business Park

Marsh, the world's leading insurance broker, has decided to extend its lease in Floreasca Business Park for an additional 3 years with the help of BNP Paribas Real Estate. Together with the lease extension, Marsh opted also for an... more...
Tuesday, 23. April 2013

Mercedes Benz relocates its 3,000 sqm HQ to Swan Office & Technology Park

Chayton Capital has gained another renowned tenant for its SWAN Office and Technology Park in Bucharest. Mercedes-Benz Romania has leased a 3,000 sqm space in SWAN Office & Technology Park. Following a rigorous assessment process,... more...
Tuesday, 12. March 2013

AFI Park 1 reached an 85% occupancy rate

AFI Park 1 office building reached at the beginning of this year an 85% occupancy rate, by signing five new lease contracts, with tenants from the IT, construction and banking industry. The building is the first out of five class A... more...
Thursday, 7. March 2013
Troy Javaher, Head of Capital Markets for Central & Eastern Europe (CEE) - Photo: Troy Javaher, Head of Capital Markets for Central & Eastern Europe (CEE)

Jones Lang LaSalle appoints new CEE Capital Markets lead director

Jones Lang LaSalle today announced that Troy Javaher is promoted to Head of Capital Markets for Central & Eastern Europe (CEE), with his successor in the role of managing director... more...
Wednesday, 6. March 2013
Green Court Bucharest office project, Romania, Büro - Photo: Green Court Bucharest office project, Romania, Büro

Skanska invests in Green Court Bucharest office project

Skanska invests €46m, about SEK 397m, in the first building of Green Court Bucharest office project located in Bucharest. The investment comprises of project phase I and the... more...
Tuesday, 26. February 2013

BNP Paribas Group Romania rents 500 sq m in Brasov

BNP Paribas Group Romania becomes the latest tenant of Coresi Business Park Brasov by renting 500 sq m to open a BCP office for three of its entities currently active on the local market. The transaction was intermediated by the real... more...
Wednesday, 20. February 2013

Profi leases 15,000 m² warehouse space in LogCenter Ploiesti

DTZ Echinox announced that the retailer Profi recently leased 15,000 m² warehouse space in Immofinanz Group’s project - LogCenter Ploiesti. This is the second warehouse secured by the retailer, after the existing 12,000 sq. m facility... more...
Monday, 18. February 2013