Romania’s largest bank returns to profit – EuropaProperty
Romania’s largest bank BCR, which is part of Austrian group Erste, recorded a net profit of €206 million in 2015. In 2014, the bank had net losses of €630...
Tag: Austrian
Strabag enters Romanian market – EuropaProperty
Austrian construction group Strabag has decided to enter the Romanian real estate development market by taking over the local team of real estate developer Raiffeisen Evolution. The new employees...
Austrian developer resumes work on office building in Bucharest – EuropaProperty
Austrian company S Immo has resumed the office project The Mark, located in Bucharest’s Grivita area, after the EUR 60 million investment has been frozen for several years due...
Austrian group Erste names Romanian CEO for Romania’s largest bank – EuropaProperty
Austrian group Erste has named Romanian Sergiu Manea to take over as CEO of BCR, Romania’s largest bank, starting the end of September. Manea will replace Czech executive Tomas...
Dentons advises Avielen on the sale of two office towers in St. Petersburg – EuropaProperty
Avielen, a joint venture between the Austrian real estate developer Warimpex, CA Immo Group, and UBM, has successfully completed the sale and lease of two office towers and associated...
Sale of Promenada Mall, the largest single asset transaction ever in Bucharest – EuropaProperty
JLL has successfully advised Raiffeisen Evolution – the renowned Austrian development company – in the sale of the Promenada Mall (38,209 sqm of GLA) to NEPI, in Bucharest, Romania....
Immofinanz to re-start retail developments in Romania – EuropaProperty
Austrian real estate investment fund Immofinanz wants to bring to Romania a network of small-sized shopping centers, a plan which was delayed during the crisis. “Our activity in Romania...
S+B Gruppe breaks ground on Królewska in Warsaw – EuropaProperty
Austrian developer S+B Gruppe has started construction work on its new boutique office project, Królewska, in the centre of Warsaw. Following the successful sale of the Zebra Tower and...
Qubix 4 Praha sold to REICO – EuropaProperty
S+B Gruppe AG, the Austrian private project developer has successfully sold the Qubix 4 Praha, the 1st Czech LEED Platinum certified real estate project to the CS nemovitostní investment...
The highest building in Krakow will be renamed K1 – EuropaProperty
Pramerica Real Estate Investors and WX Management Services (belonging to the Austrian group Warimpex), have signed a construction contract with Dyskret for the refurbishment of the tallest office building...
