Immofinanz to refurbish VIVO! Baia Mare in Romania
Immofinanz announced that it will begin the refurbishment of the VIVO! Baia Mare shopping centre on 1 June. The refurbishment work will bring new tenants to the centre’s portfolio...
Tag: Romania
Hagag Development completes approval stage for H Stirbei Palace
Real estate developer Hagag Development Europe submitted recently the complete documentation in order to obtain the building permit for consolidation and restoration works on Știrbei Palace (Calea Victoriei 107),...
Alukonigstahl targets business consolidation and development on residential in 2021
Alukonigstahl Romania, the local subsidiary of the European market leader in aluminium, PVC and steel systems registered €21.5 million euros turnover between January – December 2020 and it further...
More food & beverage tenants join Funshop Parks in Romania
Polish company Scallier, which is developing a network of retail parks in Romania, has signed a number of lease agreements for two new Funshop Parks – in Roșiorii de...
Accor expanding Mercure portfolio in Romania
Mercure Medias Binderbubi Hotel and SPA has officially opened its doors for its first guests, after a major refurbishment. The hotel offers 46 elegant rooms and suites, a restaurant...
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...
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,...
