Zeus International buys three hotels in Bucharest
Zeus International Group has bought three hotels in Bucharest in a cross-border share deal from Alpha Real Estate Services (ARES), a member of Alpha Bank Group. The Greek company...
Tag: Romania
Modern industrial stock in Romania to reach 5.5 million sqm this year
The modern stock of industrial spaces in Romania has exceeded the threshold of 5 million sqm in 2020 and will reach about 5.5 million sqm this year, with over...
Immofinanz buys former BCR HQ in Bucharest
Immofinanz has acquired the former HQ of BCR in Bucharest for €36 million, both companies announced. The property will be modernized and transformed into a green myhive building, with...
Elko Romania leases 1,800 sqm of warehouse within CTPark Bucharest
ELKO Romania, part of the international group Elko, has relocated its activity in CTPark Bucharest, where they leased a warehouse of 1,800 sqm. Elko, a company that specialised in...
Bureau Veritas recertifies Timpuri Noi Square for Coronavirus prevention measures
The office buildings Timpuri Noi Square in Bucharest, obtained the SafeGuard recertification this year, following the audit carried out by Bureau Veritas, which attests to the safety of sanitary...
Mitiska secures €123 million refinancing for Romanian portfolio
Mitiska REIM announced it has secured a €123 million senior debt facility for its entire retail park portfolio in Romania from Erste Group Bank AG. The Romanian portfolio is...
Regional warehouse investor CTP earmarks €250 million for Romania
International real estate developer CTP, the largest warehouse owner in Romania, will direct to the country up to €250 million out of the money it expects to raise through...
EuropaProperty announces the short-list for the SEE Real Estate Awards
The short-list for the upcoming 16th annual EuropaProperty SEE Real Estate Awards and CEO Networking Forum, Southern Eastern Europe’s premier commercial real estate event, dedicated to investment and development,...
KiK in Funshop Park Focsani
A new 640 sqm KiK store is going to be opened in the retail park Funshop Park in Focsani. The new retail park belongs to a chain developed by...
MVGM Group enters the Romanian residential market
The international property management company, MVGM Group, has decades of experience in the Romanian market through the acquisition of JLL’s European property management division. The MVGM Group manages commercial...
Bucharest nears 3 million sqm of leased space milestone
2020 was one the poorest in the last decade for the Bucharest office market in terms of demand, reflecting uncertainties generated by the effects of the Covid-19 pandemic on...
Ibis Timișoara City Center hotel officially opens
Ibis Timisoara City Center opened its doors to the public at the beginning of March. The hotel is located on 8-10A Circumvalațiunii St., at a less than 10 minutes’...
