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South Eastern Europe

CA Immo sells Belgrade Office Park

CA Immo has signed and closed the sale of the Serbian office complex Belgrade Office Park to a domestic investor. With two buildings and an underground car park, the complex comprises approx. 27,200 sqm of total lettable space. The building, which is located close to the city center, was 97% let as of April 30, 2023, with ann...
Monday, 5. June 2023

Globalworth expands partnership with Honeywell in BOC building

Globalworth announces the expansion and prolongation of Honeywell's lease in the BOC building, Bucharest. This extension, which covers a more than 24,000 m² of gross leasable area (GLA), reaffirms the longstanding partnership between Globalworth and Honeywell, a global leader in innovative technologies to make industries safe...
Wednesday, 31. May 2023

Globalworth signs largest new lease contract in 2023

Globalworth has signed an agreement with eMAG, CEE’s ecommerce shopping destination, to set up its headquarters as a tenant in the state-of-the-art building Globalworth Square in Bucharest, one of the highest-ranked buildings in Globalworth`s portfolio.
Wednesday, 24. May 2023

Redport and Mobexpert to invest €150 million in Bucharest

Redport Capital and Mobexpert Group announce the completion of the concept design for the Infinity Nord project, a residential destination located in the Străulești area. This will be one of the largest urban regeneration projects in Bucharest, the total investment being estimated at €150 million.
Friday, 19. May 2023

PineBridge JV expands last mile logistics strategy

PineBridge Benson Elliot and their JV Partner, Evo Industrial, have acquired two further sites, under their strategy, with Evo Industrial to deliver last mile logistics in and around London and key regional markets in the UK. The two sites are a 4-acre site in Woodford, East London and a 2.2-acre site in Enfield, North London.
Wednesday, 3. May 2023

Radisson RED to arrive in Belgrade

Radisson Hotel Group is pleased to announce the debut of its bold and cutting-edge upscale Radisson RED brand in Serbia with the signing of Radisson RED Belgrade, set to open later this year. Located just minutes from the capital’s historic center, Radisson RED is the first Radisson RED branded hotel to be operated by PPHE Ho...
Wednesday, 26. April 2023

RetuRO joins the Globalworth community in Campus A

Globalworth is announcing a new multi-year lease agreement. RetuRO Sistem Garanție Returnare (RetuRo), a company founded by beverage producers and trade associations to manage the deposit-return system, will expand its operations in Globalworth Campus A in Bucharest.
Monday, 17. April 2023

CTP looks to double in size by 2030

CTP Group is aiming to double the size of its pan-European network of business parks to 20 million sqm of GLA by the end of the decade, amid forecasts of continued strong demand for industrial and logistics space across Central and Eastern Europe.
Monday, 17. April 2023

P3 to lease over 20,500 m² at P3 Bucharest A1 Park

P3 Logistic Parks announces contract renewals and extensions of some of the longest-standing tenants in the local portfolio, Logistic E Van Wijk and HOPI Logistics. Thus, the two companies are developing their logistics needs within the P3 warehouses and will occupy an area of ​​20,538 m² of logistics spaces and offices withi...
Thursday, 13. April 2023

ECE manages two further shopping centres

ECE Marketplaces expands its centre management portfolio and takes over the management of two further shopping centres in the Turkish metropolis Istanbul: the “Palladium Atasehir“ and the “V Metroway“. The local subsidiary ECE Türkiye will be responsible for the long-term management, leasing and concept planning for both cent...
Wednesday, 5. April 2023

CTP acquires industrial Romanian portfolio from FM Logistic

CTP has acquired an industrial portfolio of warehouses totalling over 100,000 sqm in Romania from French FM Logistic, a supply chain services company operating across Europe, which will continue as a CTP tenant for the long term.
Thursday, 30. March 2023

Alaska Energies leases over 8,000 m² at VGP Park Bucharest North

VGP announced that it has a new tenant for VGP Park Bucharest North. Alaska Energies, one of Europe’s leading renewable energy companies, leases more than 8,000 m² for its logistics operations. The park has a prime location with direct access to important motorways and the city centre, and has been built with the highest stan...
Wednesday, 29. March 2023

Accor to open a new Mercure hotel in Bucharest

Accor announces the opening of a new Mercure Hotel in Bucharest in the fall of 2023. The new opening follows the conclusion of a franchise agreement with local company SAB Serv Express SRL. The hotel will operate in a fully refurbished building on Dimitrie Cantemir Blvd, close to the old city centre.
Thursday, 9. March 2023

CTP delivers 15,000 sqm to DSV in Sofia

CTP has delivered a state-of-the-art 15,000 square metre logistics development at CTPark Sofia Airport to its anchor tenant DSV. This second development for Danish-headquartered DSV doubles its total footprint at CTPark Sofia Airport to approximately 30,000 sqm.
Wednesday, 1. March 2023