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Revetas disposes of Vitantis shopping centre in Bucharest

Revetas Capital announced the disposal of Vitantis Shopping Center in Bucharest to Praktiker Real Estate Romania. The transaction marks the completion of the repositioning of the retail scheme into...

Green Building

Globalworth Square ranks 3rd in the world for a BREEAM green office building

Globalworth, a leading office investor in Central and Eastern Europe (CEE) and the leader of the Romanian office market, obtained BREEAM Outstanding accreditation for Globalworth Square, with 99 percent...

Warehousing, Logistics and Industrial

MASTERBUILD invests in a new logistics park North of Bucharest

MASTERBUILD – General Contractor & Developer announced the start of new investment, in a logistics park of over 16,000 sqm, on a land area of 34,000 sqm, located North...

Office Leasing

SPEEDWELL continues its strategic partnership with CEGEKA at MIRO

SPEEDWELL and CEGEKA continue their collaboration by welcoming the IT&C company as a new tenant at MIRO, the A-class office project developed in Bucharest. The two companies have signed...

Retail News

Douglas to join Colosseum Mall’s expansion project

Colosseum Mall announced that Douglas will be part of its tenant portfolio in its expansion project which is going to be completed and inaugurated in the first half of ...

Hotels

Accor welcomes 2022 with a diverse array of new properties

Accor has revealed some of its newest properties and upcoming destinations that guests and world travellers can look forward to visiting in 2022 and beyond. Many of the world’s...

Office Leasing

One United delivers first phase of Bucharest office project

Romanian developer One United Properties has completed the first phase of Bucharest-based One Cotroceni Office Park, with a gross leasable area of 46,000 sqm. The company said it has...

Warehousing, Logistics and Industrial

P3 Logistic Parks leases 113,500 sqm in Romania for 2021

P3 Logistic Parks has announced the results of its leasing activity for 2021, in Romania. Due to the high demand generated by the positive organic evolution of the retail,...

Residential

Forty Management to build Romania’s tallest residential tower

Romanian developer Forty Management has initiated the authorization procedure for Royal Suites Central District in northern Bucharest, with a market value of €76 million. Once completed, the building will...

Investment Market

AYA Properties acquires RECORD PARK Offices in Cluj-Napoca

Real estate developer Speedwell together with Belgium based Baltisse and AYA Properties Fund have concluded the transaction for the sale of RECORD PARK Offices. The components, subject to this...

Office Leasing

DRUID AI lease office space at Opera Center

CBRE advised DRUID AI, a worldwide leader in conversational AI, in the process of relocation in a new office space at Opera Center I, an established office landmark owned by...

Retail News

Dentons advises banks on financing Supernova Group’s acquisition of a retail portfolio

Dentons, the world’s largest law firm, assisted a consortium of banks—Erste Group Bank, Raiffeisen Bank International, Raiffeisen Bank Romania and Banca Comercială Română—in financing the acquisition by Supernova Group...

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