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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),...

General

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...

Investment Market

EBRD invests €24.7 million in MAS’s real estate green bond

The European Bank for Reconstruction and Development has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities...

Retail News

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...

General

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...

Warehousing, Logistics and Industrial

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...

Warehousing, Logistics and Industrial

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...

Retail News

BALFIN Group launches Retail Park venture in Albania

BALFIN Group will soon launch a new venture, fundamentally representing an innovative business model. Denominated the Retail Park, this project consists of the construction of a commercial building, along...

Investment Market

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...

Office Leasing

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...

Retail News

First Delta Planet Shopping Mall opens in Serbia

The Delta Planet Shopping Mall in Nis has opened to visitors. This, the first Delta Planet in Serbia, has 40,000 sqm across two floors and 850 parking spaces for...

General

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,...

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