AFI Park 4&5 reaches 60 percent occupancy – EuropaProperty
AFI Europe Romania has signed a new lease agreement in the office building AFI Park 4&5 with FotoNation, a TESSERA company, reaching a 60 percent occupancy rate. With the...
Tag: Romania
Vastint projects achieve LEED Platinum and BREEAM Excellent pre-certification – EuropaProperty
Vastint Romania was awarded LEED Platinum pre-certification, design stage, for each of the three buildings comprised in Business Garden Bucharest, and BREEAM Excellent design stage certificate for the first...
Romania records biggest growth in construction work in EU – EuropaProperty
Romania had the biggest growth in construction work among all the European Union member states in December 2015 compared to the previous month. The country’s construction sector had an...
Romania’s retail trade turnover goes up 8.9 percent in 2015 on higher food sales – EuropaProperty
Retail trade turnover in Romania, except for cars and motorcycles, increased by 8.9 percent last year compared to the previous year. The growth was mainly supported by the 19.1...
Polish bank ready to enter the Romanian market – EuropaProperty
Polish lender Alior Bank can start its operations in Romania starting April 30, after it was recently authorized by Romania’s National Bank (BNR). Alior is the eighth foreign bank...
Vastint purchases 48 Ha land plot in Sector 1, Bucharest – EuropaProperty
Vastint Romania has acquired a 48 Ha site in the Sisesti area, in close proximity to the Straulesti terminal, with a subway station and park-and-ride facilities. Baneasa Shopping City...
German retailer Lidl invests in logistics centre in western Romania – EuropaProperty
German retailer Lidl continues to expand in Romania with a modern and eco-friendly logistics centre in Lugoj, western Romania. It is the company’s fourth such centre in the country....
Real estate project deliveries in Romania to reach new record next year – EuropaProperty
Real estate developers in Romania plan to deliver a record area of new commercial projects of over 700,000 sqm next year. The total investments in these projects are over...
CTP concludes purchase of Prologis portfolio in Romania – EuropaProperty
CTP has successfully concluded the purchase of the Prologis portfolio in Romania, namely the former Prologis Park Bucharest A1, now renamed CTPark Bucharest West. The transaction volume for the...
Carrefour takes 81,000 sqm logistics complex in Romania – EuropaProperty
Hot on the heels of the news that it is to speculatively develop a 28,000 sqm warehouse at its P3 Bucharest park in Romania, specialist pan-European logistics real estate...
OTP Bank Romania completes merger with Millennium Bank, aims for top 10 – EuropaProperty
Local lender OTP Bank will complete its merger with Millennium Bank Romania this month. The merger began in January this year, following a transaction worth €39 million for acquiring...
Vastint to complete two office buildings in Bucharest by 2017 – EuropaProperty
Vastint Romania, Swedish group Inter IKEA’s real estate division, will complete the first two office buildings in central Bucharest at the beginning of 2017. The company has started building...
