Adventum acquires Hermes Business Campus in Bucharest
Belgium developer Atenor has reached an agreement to sell the Hermes Business Campus in Bucharest to Adventum Group. The 75,000 sqm, mixed-use project is located in one of the...
Tag: Romania
Polish fashion retailer LPP doubles logistic capacity in Bucharest
The largest Polish fashion retailer, LPP, which operates the Reserved, Cropp, Mohito, House, and Sinsay brands, will double its storage capacity in Romania. The new logistic facility will be...
Cargus invests €500,000 in a modern warehouse located in Buzau
Cargus, an experienced courier company operating in Romania, has opened its standardised and modern warehouse in Buzau, following a €500,000 investment. The new warehouse has a built-to-suit concept for...
Globalworth expands its industrial activity in Arad and Oradea
Globalworth Industrial, Globalworth’s logistics and industrial sub-brand is expanding its portfolio by purchasing two industrial projects with a total area of 27,000 sqm. The value of the IPW Arad...
Industrial projects are investor favourites for Q1 in Romania
The real estate investment volume in Romania in the first quarter of 2021 totalled €98 million, 19 percent less compared with the volume registered in the same period last...
AFI Europe starts refurbishment of Bucharest office project
AFI Europe Romania is investing around €1.6 million in the refurbishment of common spaces in the AFI Lakeview office project, in northern Bucharest. The building was taken over in...
HAGAG digitizes the sale process of its residential units
Real estate developer HAGAG Development Europe recently completed the implementation of Realpad Software, thus digitising sales operations for all residential units available in its ongoing projects H Pipera Lake,...
Iulius Holding gets €72 million loan from IFC for green office complex
The International Finance Corporation (IFC), a member of the World Bank Group, will provide a €72 million loan to Romanian developer Iulius Holding for the construction of an eco-friendly...
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...
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...
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...
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...
