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South Eastern Europe

GTC aces two lease deals in Sofia

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 ...
Monday, 18. July 2022

Radisson Blu opens first five-star hotel in Transylvania

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.
Monday, 11. July 2022

Increased enquiries for SBU and LML space in CEE-15 countries

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...
Friday, 1. July 2022

Skanska appoints new directors in Environmental and Health & Safety areas

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.
Thursday, 2. June 2022

ELBI Electric & Lighting is new tenant of P3 Bucharest A1

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...
Thursday, 2. June 2022

Huawei extends lease contract in Globalworth Tower Bucharest

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.
Monday, 9. May 2022

P3 Logistic Parks completes accommodation project developed within P3 Bucharest A1

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...
Tuesday, 19. April 2022

Radisson to reach over 50 hotels in the country by the end of 2023

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...
Wednesday, 13. April 2022

Sonae Sierra wins services contract for the largest mall in South-East Europe

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...
Wednesday, 13. April 2022

S Immo acquires Expo Business Park in Bucharest

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...
Tuesday, 12. April 2022

ILF remains at Poleczki Park

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.
Monday, 28. March 2022

Italy's Beltrame to complete Targoviste Special Steel Plant acquisition

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 .
Thursday, 17. March 2022

VGP and Allianz complete €364 million logistics portfolio purchase

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...
Wednesday, 16. March 2022