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

Haluk Sur joins Cushman & Wakefield as Non-executive Chairman - Photo: Haluk Sur joins Cushman & Wakefield as Non-executive Chairman

Cushman & Wakefield hires two real estate experts

Cushman & Wakefield has announced further appointments in Turkey as part of a major recruitment drive. Following the appointments of Toğrul Gönden and Tuğra Gönden who joined... 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

Serbia’s construction market: growth to make a comeback by 2014

The Serbian government’s financial boost and the deregulation resulted in a strong recovery of construction activity in 2011, when the total value of works done in Serbia rose by 20.4% against the previous year. The value of works... more...

Tuesday, 19. 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

Uvertura Mall Botosani to host H&M store

Uvertura Mall has signed a lease agreement for the opening of a 1,575 sq m H&M store in Botosani. The H&M unit will be located on two floors of the commercial center and will be opened in spring 2013. This will be the 24th unit of the... more...

Monday, 18. February 2013

TriGranit cooperates with ERA Holding

TriGranit Group concluded an agreement with their Slovenian partner, ERA Holding, with regard to a large-scale co-operation in Skopje. By entering the Republic of Macedonia market, TriGranit Group is now present in 10 countries. The... more...

Friday, 15. February 2013

Praktiker withdraws from Turkey

Praktiker AG is withdrawing from business in Turkey and, in view of the persistently loss-making operations in this country, suspends payments to the local subsidiary. more...

Tuesday, 12. February 2013

First Retail International acquires a retail park portfolio InterCora

First Retail International (FRI) has acquired a 50% interest in the Romanian retail park portfolio InterCora. This acquisition is the first realization of the exclusive country partnership between Mitiska Ventures, manager of FRI, and... more...

Friday, 8. February 2013

LaSalle wins a new property management for Carrefour Militari Retail Gallery

Jones Lang LaSalle has won a new Property Management instruction for Carrefour Militari Retail Gallery. As of January 1st 2013, the company will be responsible for the property management of the shopping gallery of Carrefour Militari... more...

Thursday, 7. February 2013

Conclusion of the bidding process for the development of the Kassiopi area

The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF) approved the binding financial offer by NCH Capital for the acquisition of 100% of the stake of the Special Purpose Vehicle, to which the HRADF will transfer... more...

Monday, 4. February 2013

Cushman & Wakefield strengthens Turkish operations with two key hires

Two senior professionals have joined Cushman & Wakefield this month from Jones Lang LaSalle (JLL) and are both Partners and members of the Turkish Board of Directors. Rahsan Cebe, the current Head of Cushman & Wakefield in Turkey will be... more...

Wednesday, 30. January 2013

Profit plummets in Athens as hotels suffer declines

2012 has proved to be one of the most challenging years of operation for hotels in the Greek capital, with year-on-year profit per available room plummeting by around 65% to just €8.04 as the city has rarely had a stable month of... more...

Wednesday, 30. January 2013

A new Call Center enters the Romanian market

Jones Lang LaSalle advised on the leasing of an entire floor of 640 m² in CSDA Siriului to the Polish company Telbridge. The office building, developed by Primavera Development, is under construction, with class A finishes and... more...

Wednesday, 23. January 2013

Wyndham takes a TRYP to Turkey

Wyndham Hotel Group announced the introduction of its select-service TRYP by WyndhamSM hotel brand in Turkey with the opening of the 108-room TRYP by Wyndham Istanbul Taksim. The 10-story hotel is centrally located in Taksim, the heart... more...

Monday, 21. January 2013

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