Romania Archives

Belgian developer WDP announces new logistic project in Transylvania

Belgian real estate developer and investor WDP has announced its financial results for the first quarter of the year, also revealing its investment plans on the Romanian market. The...

Investment Market

Innova Capital acquires Romania’s PayPoint with EBRD backing

The European Bank for Reconstruction and Development (EBRD) has arranged a loan of €25 million to finance private equity firm Innova Capital’s acquisition of PayPoint SRL, a payment services operator...

Office Leasing

ATOSS Software leases 2,000 sqm of office space in Vox Technology Park

ATOSS Software, one of the most important software companies active in the western part of Romania, leased 2,000 sqm of office space in Vox Technology Park from Timisoara. The...

Office Leasing

Rompetrol extends lease agreement in City Gate

GTC has renewed its lease agreement with KMG Rompetrol – management and support services division of the KMG International Group – one of the key players in the fuel...

General

XXXLutz leases WDP’s warehouse in Dragomiresti

XXXLutz leased 6,000 sqm in WDP’s A-class warehouse in Dragomiresti, North-West of Bucharest’s ring road. The new space will optimise the supply of its stores XXXLutz Militari and Pallady....

Finance

UiPath CEO Daniel Dines officially becomes Romania’s richest man

UiPath, the biggest robotic processing automation (RPA) company in the world, launched by two Romanian entrepreneurs in Bucharest in 2005, has set a price of USD 56 per share...

Retail News

IKEA starts work on its third store in Romania

Swedish group IKEA, the largest furniture retailer globally, has started building a new store in Romania, in Dumbravita – near Timisoara. This will be the third IKEA store in...

Office Leasing

IMMOFINANZ signs 25-year rental contract for 11,000 sqm in Bucharest

IMMOFINANZ has concluded a long-term rental contract for roughly 11,000 sqm with the Provita Group, one of the leading medical centre providers in Romania. Provita will occupy the entire...

Warehousing, Logistics and Industrial

Element Group acquires land in Piteşti for a logistic development

Element Group announced the acquisition of a new land plot of 2.7 hectares, at the entrance to Pitești, in the immediate vicinity of the A1 highway. “The positioning of...

Investment Market

Portico Investments Romania sells six buildings in its portfolio

Portico Investments Romania, advised by Colliers, completed the sale of six retail buildings in its portfolio to Praktiker Real Estate and Lidl Romania, in two transactions totalling over €8.5...

Warehousing, Logistics and Industrial

WDP Romania certifies 48 logistics buildings

WDP Romania, a developer and owner of industrial and logistics spaces, has received the Excellence in Design for Greater Efficiency (EDGE) certification for its local stock of warehouses. EDGE...

Green Building

AFI Brașov certified with LEED Gold Core and Shell

AFI Brașov is the only mixed-use project in Europe certified for LEED Core and Shell since March 2020 and the 22nd shopping centre in Europe and the 4th in...

Tag: Romania