Novo Park extends lease with Yokogawa – EuropaProperty
Novo Park, a business park in Bucharest, has extended a lease contract with Yokogawa Europe BV for the third time, totalling a 14 years lease period. Novo Park is...
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Panattoni Europe signs BENTELER Automotive – EuropaProperty
Panattoni Europe has expands its automotive customer portfolio. The new addition is BENTELER Automotive – the German manufacturer of automotive structures, engine and exhaust systems, chassis and modules, part...
Demand for office space in Europe reaches record high in Q3 2015, says JLL – EuropaProperty
Demand for office space in Europe accelerated over the third quarter of 2015 with total take up of just over 3 million sqm, on a par with the previous...
French retailer wants to sell Romanian products abroad – EuropaProperty
French group Auchan wants to sell over 300 Romanian products in three European countries next year. The company estimates that it will work with 100 local suppliers and the...
Skanska sells its second office building in Bucharest to Globalworth – EuropaProperty
Swedish real estate development and construction group Skanska will sell its second office building in Bucharest to real estate investment company Globalworth for €47 million. Last year, Skanska also...
CMS supports developer in the acquisition of land for investment – EuropaProperty
CMS has advised the Asbud Group on the acquisition of land for development in Warsaw. The property developer plans to build about 1,100 apartments at ul. Grzybowska 85 and...
CCC joins Galeria Północna in Warsaw – EuropaProperty
CCC, one of the largest manufacturers of footwear in Poland, has signed a lease contract with Galeria Północna, which is to commence operations in H1 2017. The project is...
Skanska claims prestigious 2015 office building investment awards – EuropaProperty
In 2015, Skanska has delivered to the market five office investments in Central and Eastern Europe, and sold six office buildings for over €250 million. In Poland, the company...
Phase one of Multishop Jarocin breaks ground – EuropaProperty
Construction of phase one of retail park Multishop Jarocin broke ground in late October 2015. Cushman & Wakefield is responsible for its commercialization. Multishop Jarocin will offer 5,650 sqm...
OTP Bank Romania completes merger with Millennium Bank, aims for top 10 – EuropaProperty
Local lender OTP Bank will complete its merger with Millennium Bank Romania this month. The merger began in January this year, following a transaction worth €39 million for acquiring...
Panattoni Europe completes investment for Pilkington Automotive Poland – EuropaProperty
Panattoni Europe has completed works on the construction of a new manufacturing plant, which will make innovative automotive glass, for Pilkington Automotive Poland. The facility has been erected in...
Take-up sets a record, while the vacancy rate is declining slowly due to weak absorption – EuropaProperty
According to the latest Industrial market research by property advisor CBRE, growth in demand, encouraged by falling rental rates, was anticipated. Therefore, 41 percent of take-up relates to optimisation...
