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» Chronological View: " South Eastern Europe " «

New tenants in Veranda Mall

Veranda Mall Obor, the biggest proximity commercial center in Romania, with a total area of 27.500 sqm, has increased the number of tenants, with five international and local retailers.
Friday, 6. October 2017

Bulgaria and the Czech Republic are the “road kings”

Automotive companies and its component suppliers sector is very important in the CEE industrial sector and is growing according to a new report, “The Road Kings: CEE Autos”, from global real estate advisor, Colliers International. Auto exports ranged from 4.7% of total exports in 2015 in Bulgaria, upwards to 28% in Hungary an...
Friday, 6. October 2017

Turnover and spend per head in Fashion House Outlet Centre Bucharest grows 12%

In the first semester of 2017, both turnover and spend per head within Fashion House Outlet Centre Bucharest grew with 12% compared to the similar period in 2016. Other important indicators as conversion rate (percent of visitors who buy) and average transaction value (ATV) also maintained their considerable increase with one...
Monday, 2. October 2017

JLL appointed by Groupe Renault to manage its new headquarters

JLL Romania will provide technical consulting services for the construction of Groupe Renault's future headquarters in Bucharest. Globalworth, in partnership with Elgal Group, has recently appointed JLL Romania as project manager for Groupe Renault’s future headquarters, which will have a leasable area of 47.000 sqm. JLL will...
Tuesday, 26. September 2017

Over 84,000 m² of new leases & lease renewals signed with P3

P3 had a very good start to 2017 and performed strongly throughout H1, starting construction of three new warehouses – a total of 65,000 m² at P3 Bucharest park plus signing a number of new leases and agreeing renewals with some of its long-term customers on a total of 84,000 m². The construction of the new warehouses at P3 B...
Tuesday, 26. September 2017
Austria-based asset manager sells Belgrade Business Center to GTC Group

Austria-based asset manager sells Belgrade Business Center to GTC Group

An Austria-based real estate asset manager, advised by JLL, has sold an office property in Serbia, the Belgrade Business Center (BBC), to the Polish Global Trade Centers (GTC) Group. Located in the heart of the central business district of New Belgrade, and extending to around 18,000 sq m of gross leasable area (GLA), BBC is ...
Tuesday, 26. September 2017
Colliers Romania hires Sebastian Dragomir for the position of Office Advisory Director

Colliers Romania hires Sebastian Dragomir for the position of Office Advisory Director

Colliers International strengthens its office spaces consultancy team by hiring Sebastian Dragomir for the position of Office Advisory Director. He has over 12 years of experience in real estate, during which he has worked on the office, industrial, land and landlord representation segments, and formerly occupied the positio...
Wednesday, 13. September 2017
AFI Europe sets the cornerstone of AFI Brasov

AFI Europe sets the cornerstone of AFI Brasov

AFI Europe sets the cornerstone of AFI Brasov, the company’s third shopping mall in Romania and announces the advancement of construction works. AFI Brasov shopping mall includes 200 shops and retail units while the assigned spaces already exceed 80%. The first stage of construction includes a shopping center with a total gro...
Wednesday, 13. September 2017

Orbis Hotel Group introduces new hotel brand to Bucharest

Orbis Hotel Group, strategic partner of AccorHotels, in Eastern Europe continues its development in the region at a rapid pace. The group is further expanding its network of hotels with the signature of a management agreement for an Ibis Styles hotel in Bucharest with its local partner and investor, Construcții Erbașu.
Wednesday, 30. August 2017
Colliers International manages The Landmark office project in Bucharest

Colliers International manages The Landmark office project in Bucharest

Colliers International was assigned by Piraeus Bank to offer property management services for the office project The Landmark, in the central area of the Capital. The Landmark comprises of three buildings located in a well known office area of Bucharest, Central Business District, between Romana Square and Victoriei Square me...
Tuesday, 29. August 2017

A dynamic first semester for the real estate market

Real estate activity during the first half of 2017 was very dynamic in Bucharest as well as throughout the country. New deliveries, extensions and transactions have led to considerable growth in the main sectors – industrial, retail, office and investment. According to Colliers International, the upward trend will continue fo...
Monday, 28. August 2017
Blake Horsley to become P3's Group Development Director

Blake Horsley to become P3's Group Development Director

P3 has appointed Blake Horsley (33) to the new role of Group Development Director. He will oversee the company's ambitious development programme, which includes new buildings on existing P3 parks as well as a number of new parks as P3 expands in the nine countries in which it is already represented and enters new territories.
Friday, 25. August 2017
Liliya Krasteva joined Ceres as Head of Property Management

Liliya Krasteva joined Ceres as Head of Property Management

Liliya Krasteva has been appointed as Head of Property Management Bulgaria for Ceres Management Services. Ceres is a company launched by Revetas Capital. In her new role, Krasteva will oversee the property and project management services of Park Center Sofia, Sofia Airport Center (SAC) and MHQ. Part of her priorities will be ...
Wednesday, 23. August 2017

New hotel brands prepare the launch in Romania

The hotel market in Romania could diversify throughout the next year as a result of new brands entering the market by means of leasing or partnership contracts with real estate developers as an alternative to the management or franchise contracts. Such a business model will lead to the relaunch of the hotel market and will of...
Wednesday, 23. August 2017

Demand and supply in balance on the Bulgarian retail market

During the first half of 2017 demand and supply of modern retail space in Bulgaria has been aligning with each other, according to a new research of Colliers International. During the period, modern shopping centers retail space supply balanced with demand by keeping its previous levels of 791,760 sqm in the country and 406,6...
Wednesday, 23. August 2017

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...
Thursday, 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...
Tuesday, 15. August 2017