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...
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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),...
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...
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...
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...
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...
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...
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...
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...
