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Europa Capital starts construction work on Industrial & Logistic Park Turda

Europa Capital, the pan-European real estate fund management group, to announce that construction has commenced on Industrial & Logistic Park Turda; a 545,781 sq. metre industrial and logistic park project located in Turda, 31 kilometres... more...
Monday, 21. May 2012
Coresi Shopping Center in Brasov - Photo: Coresi Shopping Center in Brasov

DTZ appoints as leasing agent for Immochan’s Coresi Shopping Center

Immochan, the real estate division of the Auchan Group, has appointed DTZ Echinox to provide leasing services for the largest project in their portfolio, Coresi Shopping Center in... more...
Monday, 21. May 2012

€ 99 million investment activity in the first quarter of 2012

In the first quarter of 2012 investment activity in Romania accounted for € 99 million representing an increase of 189% on Q4 2011 and a 50% decrease against the same period of the previous year. This is a result of research by DTZ... more...
Tuesday, 15. May 2012
Dorobanti 239 Bucharest - Photo: Dorobanti 239 Bucharest

Hochtief leases office space in Charles de Gaulle Square

Jones Lang LaSalle concluded a new leasing transaction: one of the largest German company, Hochtief, has leased 1,000 sq m in Dorobanti 239, which is a part of Alltrom Real Estate... more...
Thursday, 10. May 2012

Industrial market in Romania is still characterized by over-supply

Despite the increased year-on-year take-up volume registered at the end of 2011, the industrial market in Romania is still characterized by over-supply, with no significant change registered in terms of vacancy rate as at Q1 2012. more...
Monday, 7. May 2012

Valad lets 3,500 sq m with four leases in Romania

Valad has signed three leases totalling 2,494 sq m at the A1 Business Park and two leases totalling on 976 sq m at the Domnesti Business Park in Romania. At the A1 Business Park, Cummins, a global designer and manufacturer of diesel... more...
Thursday, 3. May 2012

Headline rents for prime locations in Bucharest see a slight increase

The total office supply in Bucharest slightly surpassed 1.84 million sq m at the end of 2011, as shown in the latest DTZ report, Property Times Offices - Romania. The list of most important office buildings delivered in 2011 includes... more...
Thursday, 26. April 2012
SWAN Office & Technology Park, Bucharest, art galleries - Photo: SWAN Office & Technology Park, Bucharest, art galleries

Swan Office & Technology Park hosts one of Bucharest's largest art galleries

Starting this month, Swan Office & Technology Park hosts one of the largest art galleries in Bucharest. The gallery will exhibit landmark international collections and will promote... more...
Thursday, 19. April 2012

NAI Global partners with Appraisal & Valuation

NAI Global has announced a partnership with Appraisal & Valuation (AVO) to service corporate and investment clients in Romania. The firm will now operate as NAI Romania and offering a broad range of consultancy services to small to... more...
Monday, 16. April 2012

AFI Palace Ploiesti shopping center almost 70% leased before construction starts

AFI Europe Romania has signed leasing contracts for 70% of the total commercial area of AFI Palace Ploiesti shopping mall, 18 months before the grand opening. Among the new tenants already signed are important local and international... more...
Wednesday, 11. April 2012

Colliers appraised 7 billion Euros worth real estate properties

The Valuation and Advisory Services team of Colliers International Romania accomplished the appraisal of 7 billion euros worth-of real estate properties in 2011, representing a 10% increase compared to 2010. more...
Wednesday, 28. March 2012

Investment in agricultural land is experiencing noted growth due to improved profitability projections

DTZ Echinox released its latest report – „Agricultural Land Investment, Romania 2012“. The report shows that investment in agriculture is experiencing noted growth due to improved profitability projections, despite the prevailing... more...
Sunday, 25. March 2012

DB Schenker Romtrans leases 5,200 sqm in Phoenix Logistics Center

DB Schenker Romtrans, one of Romania’s leaders in transport and logistics services, leases 5,200 sq m warehouse space in Phoenix Logistics Center through Jones Lang LaSalle. The company is part of the giant DB Schenker, one of the... more...
Saturday, 11. February 2012

AFI completes €13.4m financing with UniCredit Bank Austria

AFI Europe, a member of AFI Group, announced that it has signed a financing agreement with UniCredit Bank Austria for the development of the first out of five class-A office buildings in AFI Business Park Cotroceni located in Bucharest... more...
Friday, 10. February 2012

Record transaction for the office market outside Bucharest

Jones Lang LaSalle has acted as the exclusive advisor on behalf of the vendors, Ovidiu Sandor and his business partners, for the disposal of the office park City Business Centre in Timisoara, Romania, to the South-African investment fund... more...
Friday, 3. February 2012
MegaMall project on the Electroaparataj site, Romania - Photo: MegaMall project on the Electroaparataj site, Romania

Real4You obtains the PUZ for MegaMall

On December 13th 2011, Real4You Group has obtained the PUZ (Zonal Urbanistic Plan) for their 70,000 m² project in Bucharest, MegaMall, located on the site of the former Electroaparataj plant. Only months from the appointment of new agents,... more...
Monday, 23. January 2012

Epstein begins construction for new warehouse in Bucharest

Epstein Architecture & Engineering has recently started the construction phase of the new finished goods warehouse for Star Foods. Epstein is providing full architecture, engineering and construction project management services for the... more...
Tuesday, 10. January 2012

Ermano Scervino opens its first mono-brand store in Romania

On December 19th, the Italian brand Ermanno Scervino opens its first mono-brand store inside The Grand Avenue gallery of The Grand luxury complex. The store with an area of 89 sqm is the franchise of a Bulgarian investor who also owns... more...
Monday, 19. December 2011