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General

BIG Shopping Centers to launch €109 million wind turbine project in Romania

BIG Shopping Centers, Israel’s leading shopping centre development group, announced the sealing of the first deal for the group’s energy branch. BIG Energia Holdings Kft., BIG Group’s wholly-owned subsidiary,...

Green Building

Euro Tower becomes the first Net Zero Carbon building in Romania

Euro Tower office building becomes the first Net Zero Carbon development in Romania, after being also the first green-certified building in the country, a decade earlier, in 2009. The...

Warehousing, Logistics and Industrial

Cargus opened nine new warehouses in 2021

As part of the company’s strategy to improve the experience of its customers, Cargus opened 9 new logistics warehouses this year, equipped with modern sorting systems. The location of...

Warehousing, Logistics and Industrial

Número Uno to use P3 Bucharest A1 as their logistical hub for the CEE region

P3 Logistic Parks (“P3”) announced the consolidation of its partnership with the local subsidiary of the international group Número Uno by signing a long-term lease agreement for the 3,000...

Finance

EBRD extends €25 million loan to Erste Bank in Serbia

The European Bank for Reconstruction and Development (EBRD) is extending a new loan of up to €25 million to Erste Bank Serbia to support the resilience of small and medium-sized...

Finance

S IMMO’s Q3 results demonstrate operational strength

The listed real estate investment company S IMMO AG once again reports strong results as of the end of the third quarter, with net income for the period of...

Office Leasing

COS relocates to the MIRO office building

COS, a leading office fit-out company, is expanding its main representative office in Bucharest and is renting a 3,000 sqm space in the new MIRO building in the North...

Office Leasing

Speedwell welcomes a new tenant at MIRO offices

Speedwell strengthens its collaboration with Rovere Mobili by signing a new agreement and welcoming the company as a tenant in the MIRO, the developer’s office project located in Baneasa,...

Hotels

Hagag Development Europe purchases first hotel in Romania

Real estate developer Hagag Development Europe consolidated its local portfolio and announced the acquisition of Susai Hotel, a property located in Predeal, Romania’s most prominent mountain resort. The company...

Office Leasing

IWG secures first franchise partner in Romania

IWG, the largest global operator of flexible and co-working spaces, represented in Romania by the Regus and Spaces brands, opened a franchise system with partner Transinvest, the first flexible...

Residential

Forty Management sells 90 percent of Central District Viitorului 134 residential project

Forty Management, a real estate developer awarded internationally for premium, green projects, announced that it has sold off-plan 90 percent of the Central District Viitorului 134 residential project. The...

Green Building

Skanska and Holcim Romania Group announce collaboration to accelerate sustainability in construction

Skanska and the Holcim Romania Group, one of the largest producers of building materials announce their strategic collaboration that aims to accelerate the transition to a greener built environment....

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