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» Chronological View: " Romania " «

Four new partners join Fashion House Outlet Centre Bucharest

Four new partners join Fashion House Outlet Centre Bucharest

Fashion House Outlet Centre Bucharest iis off to a good start in 2018. Four new partners have joined list of the scheme’s tenants, taking a total of 1,285 sqm of retail space. The latest addition to the lineup are: Koton, TinaR, Exclusive VN and English Home.
Friday, 16. February 2018
AFI Europe leases 2,000 sq m in AFI Tech Park to Game World Group

AFI Europe leases 2,000 sq m in AFI Tech Park to Game World Group

Game World Group signed a new lease agreement of approx. 2,000 sq m in AFI Tech Park 1. The lease terms offered by AFI Tech Park, including a no VAT base rent, provided the grounds for the gaming company to relocate to the new class A office park. Knight Frank has advised throughout the entire lease process.
Wednesday, 14. February 2018
La Strada Street Mall Concept continues to expand with two new projects

La Strada Street Mall Concept continues to expand with two new projects

La Strada Street Mall Concept has announced the construction of two new commercial centers which will be delivered by the end of the year. The first project La Strada was inaugurated at the end of 2016 in Popesti Leordeni suburb near Bucharest capital, close to a high density residential area, following a €5 million investmen...
Wednesday, 14. February 2018
AFI Europe receives the building permit for its first residential project

AFI Europe receives the building permit for its first residential project

AFI Europe Romania has received the building permit that allows for construction works to begin on AFI City, the first residential project developed by the company in Romania. The building process has been divided into phases, the first one being scheduled to begin in the next 2 months. Situated in the North-West part of Buch...
Tuesday, 13. February 2018

Aurelia Luca appoints MD at Skanska Property Romania

Skanska’s commercial development unit in CEE has appointed Aurelia Luca as Managing Director for Skanska Property Romania. She will also become a permanent member of Skanska CEE’s commercial development unit Management Team with immediate effect.
Friday, 9. February 2018

Land transactions exceeded €350 million in 2017

Last year, the total value of land transactions for real estate projects (excluding the industrial segment) increased significantly from 2016, exceeding the €350 million threshold at national level. According to Colliers International, about 70% of this value was ascribed to the capital, where land transactions for residenti...
Wednesday, 31. January 2018

Almost €1 billion invested in Romania property in 2017

Property investment volume for Romania is estimated at almost €1 billion last year, a value ca.10% higher than the one registered in 2016 (€890 million). Romania accounted 8% of the total investment volume recorded in CEE Region, of €12.98 billion (3.3% increase over 2016). The growth of the Romanian market exceeds the increa...
Monday, 29. January 2018

Revetas Capital Fund II acquires hotel complex in Bucharest

Revetas Capital Fund II and an affiliate of Cerberus Capital Management, advised by Wolf Theiss, acquired a hotel complex with approximately 86,000 sqm of gross leasable area in Bucharest. The complex includes two hotel facilities, the Radisson Blu and Park Inn Hotels, as well as approximately 7,500 sqm of prime retail space....
Wednesday, 24. January 2018
Rezidor Hotel Group: A new Radisson Blu signs for Timisoara

Rezidor Hotel Group: A new Radisson Blu signs for Timisoara

The Rezidor Hotel Group signed the Radisson Blu Hotel, Timisoara. This takes the group's portfolio in Romania to four hotels. Radisson Blu and Mulberry Development will create an international upper upscale hotel in Timisoara, the main social, economic and cultural hub in western Romania - and the European Capital of Culture ...
Wednesday, 17. January 2018

Elbit Imaging sells Radisson hospitality complex in Bucharest

Elbit Imaging Ltd, advised by JLL, has sold the Radisson hospitality complex in Bucharest to a joint venture between two international investment funds. The sale represents the largest ever hotel transaction by deal volume in Romania and among the largest recorded in Central Eastern Europe (CEE).
Wednesday, 17. January 2018
Wolf Theiss strengthens its Real Estate and Energy teams with the addition of two lawyers

Wolf Theiss strengthens its Real Estate and Energy teams with the addition of two lawyers

Wolf Theiss welcomes back Flaviu Nanu as Counsel and adds Sebastian Botic as Associate in the firm's Real Estate, Energy and Infrastructure practice groups. Flaviu Nanu previously worked at Wolf Theiss from 2006 until 2008 and thereafter he was a counsel in the Real Estate and Energy department of the Romanian office of White...
Wednesday, 13. December 2017
Concept Store 1 Minute opens a new unit in AFI Tech Park

Concept Store 1 Minute opens a new unit in AFI Tech Park

AFI Europe Romania concluded a new lease agreement for AFI Tech Park Business Campus. The new tenant is LS Travel with their concept store “1 Minute”, who leased a space located on the Ground Floor of AFI Tech Park 1. This is the second tenant secured for AFI Tech Park, after World Class, who signed a 10 year lease agreement ...
Tuesday, 12. December 2017
Cristian Vasile joins P3 as new Property Manager

Cristian Vasile joins P3 as new Property Manager

P3 has appointed Cristian Vasile as its new Property Manager, with responsibility for managing all the buildings at P3 Bucharest park – which currently comprises a total of 319,000 m² in 12 warehouses. Vasile has extensive property management experience having been involved in all aspects of managing and improving real estate...
Wednesday, 6. December 2017
AFI signs the first lease contract for AFI Tech Park with World Class

AFI signs the first lease contract for AFI Tech Park with World Class

AFI Europe Romania has signed the first lease agreement for AFI Tech Park, the newest business park development in Bucharest. World Class Romania will be the first tenant of the campus, by leasing 1,500 sq m GLA spread on the Ground Floor and the 1st Floor of AFI Tech Park 1. The lease contract was signed for a period of 10 y...
Wednesday, 29. November 2017

Companies leased 45,000 sqm of office space in Q3

The Bucharest office market saw a net take-up of close to 45,000 sqm in this year’s third quarter. According to data from the real estate consultancy company Colliers International, the demand came mostly from IT and BPO/SSC companies, including from the new entries in the market: Amazon, GoPro and Systematic.
Wednesday, 15. November 2017
Vastint Romania celebrates the opening of Timpuri Noi Square

Vastint Romania celebrates the opening of Timpuri Noi Square

The Timpuri Noi Square opening event, hosted by Vastint Romania, took place Thursday, October 26th and gathered some of the most distinguished city representatives, architects, contractors, consultants and tenants. Fratelli Group, one of the very first tenants of the buildings, assisted in planning and organizing the event.
Friday, 3. November 2017