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South Eastern Europe

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

PKF Hospitality becomes new partners

Tomislav Čeh, Head of Adriatic Sea, and Stefan Catic, Head of Operator Search, are new partners of PKF hospitality group as of January 1. The two team members took over shares in PKF hospitality holding GmbH, Vienna, from Michael Widmann, Global CEO.
Monday, 9. January 2023

Hyatt Regency Izmir IstinyePark celebrates opening

Hyatt Hotels Corporation today announced the opening of Hyatt Regency Izmir IstinyePark, located in Balçova, a charming district of Izmir and one of the oldest cities in the Mediterranean.
Monday, 9. January 2023

P3 closes deals for 78,000 m² in the first nine months of 2022

P3 Logistic Parks closed transactions for 78,000 m² of office and logistics space in Romania in the first nine months of this year. Of the total transactions, 34% are new long-term contracts (26,533 m²) and two thirds are short-term contracts or extensions of existing contracts (51,505 m²).
Friday, 18. November 2022

Globalworth appoints Dennis Selinas as new CEO

Globalworth has appointed Dennis Selinas as the new CEO of the Group. The Board of the company and Dimitris Raptis, CEO, have agreed for Raptis to step down from his role as CEO and as a member of the Board with effect from 31 December 2022, but he will continue to support Globalworth in an advisory role. Raptis joined the Bo...
Tuesday, 25. October 2022

GTC completes City Gate refurbishment project in Bucharest

GTC completed the City Gate Complex refurbishment project, following an investment of €3.5 million. The project started in 2021 and targeted two major directions for investment and implementation: common and leasable areas.
Friday, 21. October 2022