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Nordis Group, the only developer of 5-star hotel and residential complexes in Romania, announces sales of 123.7 million RON in the first 6 months of 2022. This amount represents the value of pre-contracts for the sale of apartments in the 4 projects that Nordis Group has under development at this moment. The signing of the sa...
IHG Hotels & Resorts announces the signing of InterContinental Athénée Palace Bucharest, marking the return of the InterContinental Hotels & Resorts brand to Romania.
Radisson Blu Hotel, Cluj, based in Transylvania’s vibrant capital city of Cluj-Napoca, opens its doors as the city’s only five-star hotel, providing an unforgettable experience with spacious rooms, a unique dining concept, and ultra-modern meeting facilities.
Cycas Hospitality will partner with InterGlobe in the management and transformation of 11 boutique hotels and 1,472 rooms across eight countries and nine cities.
Stern Immobilien AG has successfully completed its Romanian real estate project in Cluj-Napoca and has now sold all units. According to the developer, a significant profit was achieved.
Skanska’s commercial development business unit in Central and Eastern Europe (CEE) continues its strategic focus on creating future-proof and sustainable places by appointing new directors responsible for the developing and leading teams in Environmental and Health & Safety areas.
P3 Logistic Parks (P3) receives a new tenant in the business community existing at km 13 on A1. ELBI, the leader in the Romanian low voltage electrical equipment market, will occupy over 15,000 m² of storage and office space in P3 Bucharest A1. Following an investment of over 3 mlnn in equipment and automation systems, the EL...
Huawei extends its lease in the Globalworth Tower building, Bucharest, for an extra of 1,000 m² of office space. Thus, starting July 2022, Huawei will carry out its activity in a total area of 12,600 m² in the first building in South-Eastern Europe to receive LEED Platinum.
P3 Logistic Parks inaugurated, at the beginning of this year, the accommodation building for the staff employed in the P3 Bucharest A1 logistics park. The project is located in the center of the park in the neighbourhood of the self-service restaurant and, all together, complete the list of facilities offered to companies wit...
With the purchase of the Expo Business Park in Bucharest, the publicly listed S Immo AG has added another high-quality office property to its portfolio. Among the tenants of the Class A office property with a main usable area of roughly 41,500 m² are the Dutch banking and financial services company ING and Romania's largest p...
ILF Consulting Engineers Polska has again extended its lease agreement for space in the Poleczki Park office complex, owned by UBM Development Polska. In renegotiations the tenant, as before, was supported by JLL.
AFV Beltrame Group has completed the acquisition of the functional production assets of the Târgoviște Special Steel Plant, by concluding the transfer of ownership documents and full payment of the price in the amount of €38.3 million + VAT. The company announced the deal last month .
VGP NV and Allianz Real Estate, acting on behalf of several Allianz Group companies, today announced a successful third closing with its 50:50 joint venture, VGP European Logistics II (‘Second Joint Venture’). The transaction comprised of 13 logistic buildings, including 9 buildings in 5 new VGP parks and another 4 newly comp...
German non-food retailer TEDi and the Austrian chain of sport stores Hervis, will open their shops in newly emerging retail parks in Romania developed by the Polish company Scallier.
Emerson is to be a Globalworth tenant starting with April 2022. The technology and software company has signed a seven-year lease for a 1,100 square meter office space in the Globalworth Campus C in Bucharest.
AFV Beltrame Group received authorisation from the Competition Council for the acquisition of the functional production assets of the Târgoviște Special Steel Plant in Targoviste. The value of the transaction amounts to €38.3 million + VAT. In addition to the value of the acquisition, AFV Beltrame Group will invest around €10...
Colliers has promoted Oana Stamatin ESG (Environmental, Social and Governance) Chief Officer in Central and Eastern Europe (CEE), now including Bulgaria, Czech Republic, Hungary, Poland, Romania, and Slovakia.