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» Chronological View: " South Eastern Europe " «

Bucharest catches the eye of real estate investment funds

Romania is on the rise. After spectacular 2016 economic results and a record-breaking FDI level of €4.1bn, the country's prospects for 2017 look very promising. Bucharest, a specialized IT hub in the CEE region, has recently welcomed several new global brands such as Fitbit and the Coface Group. This influx has boosted the ci...
Donnerstag, 17. August 2017
Vastint leases 1,300 m² at Timpuri Noi Square to Tremend Software Consulting

Vastint leases 1,300 m² at Timpuri Noi Square to Tremend Software Consulting

Vastint Romania has leased 1,300 m² of office space to Tremend Software Consulting, a technology company in Romania, in the mixed-use development project at Timpuri Noi Square in Bucharest. Tremend has decided to relocate to Timpuri Noi Square after several years of significant growth. Timpuri Noi Square will become the offic...
Dienstag, 15. August 2017
CA Immo lets 9,300 sqm in Bucharest office project

CA Immo lets 9,300 sqm in Bucharest office project

The Internet security software company Bitdefender is renting 9,300 sqm of office space in the Orhideea Towers project in Bucharest for a minimum term of five years. Developed by CA Immo and comprising 37,000 sqm of gross rentable floor space, the project will be completed in the first half year of 2018. The total investment ...
Donnerstag, 10. August 2017
AFI Brasov Mall begins the construction with 80% assigned spaces

AFI Brasov Mall begins the construction with 80% assigned spaces

AFI Romania has already assigned 80% of the spaces in AFI Brasov. The mall has recently obtained the construction permit and will be the third shopping center AFI Romania is developing in Romania. The shopping center will offer a total gross leasable area of 45,000 sqm (160,000 GBA) that will be combined with additional 2 „Cl...
Donnerstag, 10. August 2017
AFI Ploiesti becomes first building in Bucharest to obtain the LEED Gold certification

AFI Ploiesti becomes first building in Bucharest to obtain the LEED Gold certification

AFI Ploiesti shopping center owned by AFI Europe Romania received the LEED Gold Certification within the “green” building rating system of the United States Green Building Council. AFI Ploiesti becomes, thus, the only building in Bucharest to achieve the LEED Certification. AFI Ploiesti received the LEED Gold certification in...
Mittwoch, 9. August 2017
NTT Data leases 4,000 sqm in Unirii View in Bucharest

NTT Data leases 4,000 sqm in Unirii View in Bucharest

NTT Data Romania leased 4,000 square meters in Unirii View office project, the 18th floors tower that is being under development in downtown Bucharest, only five minutes away from Unirii Square. The transaction was mediated by the real estate consultant Griffes.
Mittwoch, 9. August 2017

AFI Europe and Dedeman agree to cancel the transaction of the office buildings AFI Park

The companies AFI Europe and Dedeman have agreed to cancel the sale transaction of the office buildings AFI Park 1-3 in Bucharest. Following the announcement a few days from Dedeman of its intention not to advance with the purchase of office building AFI Park 4&5, which were actually not under a binding agreement, both partie...
Montag, 7. August 2017
Vastint leases another 1,900 m² in Timpuri Noi Square

Vastint leases another 1,900 m² in Timpuri Noi Square

Vastint Romania leased 1,000 m² of office space to Netcentric Eastern Europe and 900 m² to Phoenix Contact in the mixed-use development project Timpuri Noi Square from Bucharest. Both choose the office building as headquarter.
Freitag, 28. Juli 2017

E van Wijk agrees new lease at P3 Bucharest park

P3 has signed a deal with Logistic E van Wijk, provider of integrated transport and logistics services, to lease 10,180 m² of warehouse space and 252 m² of offices in the new Warehouse 6 at P3 Bucharest park. The space represents 75% of the total size of the warehouse. A team of 40 people will be based at the facility, which ...
Freitag, 28. Juli 2017
Hystead acquires The Mall in Sofia

Hystead acquires The Mall in Sofia

South African fund Hystead acquires The Mall, located in the capital city Sofia. The acquisition, upwards of €156 million, represents the fourth investment in the region by Hystead Limited, a joint venture between Hyprop Investments and Homestead Limited, who previously acquired the Delta City shopping centres in Podgorica an...
Mittwoch, 26. Juli 2017

Savills forms a co-operation partnership with Crosspoint

Savills has formed a co-operation partnership with commercial advisory firm Crosspoint Real Estate in Romania, in order to support its continued expansion across central and eastern Europe (CEE). Founded in 2005 and based in Bucharest, Crosspoint Real Estate employs 18 commercial real estate professionals and advises clients ...
Dienstag, 18. Juli 2017

Tibbett Logistics opens 15th warehouse in Bucharest

Tibbett Logistics, part of The Keswick Enterprises Group, has this week signed a new long-term lease with P3 on another 5 000 square metre (54,000 square foot) warehouse. The new facility is located in the eponymous P3 Bucharest Park to the west of Bucharest. Tibbett Logistics has leased warehousing in this logistics park s...
Dienstag, 18. Juli 2017

Vastint builds third office building of Timpuri Noi Square

Vastint Romania is closer to reach the planed 100,000 m² lettable area in the city center. Bog’Art was appointed as the general contractor for the third building with a total surface of 20,000 m² lettable area of modern, class A office and retail area. Located in the city center, along Splaiul Unirii, just across the street f...
Donnerstag, 13. Juli 2017

Skanska invests €37 million in the first phase of a new office project in Bucharest

Skanska invests €37 million in the first phase of the office project Equilibrium located in the northern part of Bucharest. The 12-storey building will comprise of 20,800 square meters of gross leasable area and 240 parking lots above- and underground. Construction is due to start in July 2017 and is scheduled for completion ...
Montag, 10. Juli 2017
AFI Europe Romania achieved LEED Platinum pre-certification for AFI Tech Park

AFI Europe Romania achieved LEED Platinum pre-certification for AFI Tech Park

AFI Tech Park, the newest office project developed by AFI Romania, achieved LEED Platinum pre-certification, the most prestigious recognition awarded by the United States Green Building Council in the area of sustainable buildings. AFI Tech Park is a business campus that will offer 56,000 sqm GLA of Class A office park, compr...
Freitag, 7. Juli 2017

The VR Cinema is opening in Veranda Mall in Bucharest

The first VR cinema in Romania was recently opened in Veranda Mall, one of the most modern shopping centers from Bucharest. With an investment of more than €150.000, The VR Cinema in Veranda Mall is one of the world’s first. The VR Cinema from Veranda Mall offers 30 minute of VR experiences, this being the recommended duratio...
Dienstag, 4. Juli 2017
Skanska sells office building Green Court Bucharest C

Skanska sells office building Green Court Bucharest C

Skanska has sold the office building Green Court Bucharest C in Bucharest to Globalworth Real Estate Investments Ltd for €38 million. The transaction will be recorded by Skanska Commercial Development Europe in the second quarter 2017, with the transfer of the property scheduled for the third quarter 2017. The 12-story Buildi...
Freitag, 30. Juni 2017
Colliers International manages building with private hospital

Colliers International manages building with private hospital

Colliers International was assigned by Hili Properties group to provide property management services for the Art Business Center office project, which houses the largest private hospital in Romania. Thus, Colliers International reaches a managed portfolio of over 280.000 leasable sqm and enters a new segment, that of private ...
Montag, 26. Juni 2017