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» Chronological View: " South Eastern Europe " «

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
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 ...
Thursday, 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...
Thursday, 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...
Wednesday, 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.
Wednesday, 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...
Monday, 7. August 2017