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IHG Hotels & Resorts announces the signing of InterContinental Athénée Palace Bucharest, marking the return of the InterContinental Hotels & Resorts brand to Romania.
Globe Trade Centre continues a streak of signing quality lease agreements and growing tenant family. This time GTC Bulgaria welcomes a new tenant on board – a fast-growing software company Gtmhub, which will lease 1 700 m² in Advance Business Centre I. Moreover, one of GTC’s anchor tenants extended the lease in Mall of Sofia ...
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.
The total stock of SBU (Small Business Units) / LML (Last Mile Logistics) space in the CEE-15 countries accounts for over 3 million m², but the development of this market is not evenly spread in this region. The largest amount of space is located in Poland (circa about 2 million m²), reveals a new report by Colliers: "ExCEEdi...
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...
Radisson Hotel Group is accelerating its development pipeline targets in Turkey to reach 50 hotels by 2023 instead of 2025. In 2022, the Group plans to grow its presence in the country with 10 additional hotels and to introduce two new brands, Radisson Individuals and Radisson RED, to the Turkish market. The Group is also all...
Sierra has closed an agreement with the owners of Prishtina Mall, the newest shopping centre set to shortly open in Kosovo, to provide consultancy services for the retail and entertainment scheme. Covering 239,000 m² and with a GLA of 115,000 m², as well as offering parking for over 3,500 cars, Prishtina Mall will be the bigg...
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...