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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,...

Green Building

Iulius Holding gets €72 million loan from IFC for green office complex

The International Finance Corporation (IFC), a member of the World Bank Group, will provide a €72 million loan to Romanian developer Iulius Holding for the construction of an eco-friendly...

Warehousing, Logistics and Industrial

Belgian developer WDP announces new logistic project in Transylvania

Belgian real estate developer and investor WDP has announced its financial results for the first quarter of the year, also revealing its investment plans on the Romanian market. The...

Office Leasing

ATOSS Software leases 2,000 sqm of office space in Vox Technology Park

ATOSS Software, one of the most important software companies active in the western part of Romania, leased 2,000 sqm of office space in Vox Technology Park from Timisoara. The...

General

XXXLutz leases WDP’s warehouse in Dragomiresti

XXXLutz leased 6,000 sqm in WDP’s A-class warehouse in Dragomiresti, North-West of Bucharest’s ring road. The new space will optimise the supply of its stores XXXLutz Militari and Pallady....

General

Wolf Theiss advises on one of the largest project finance transactions in Bulgaria

Wolf Theiss advised the European Bank for Reconstruction and Development (EBRD), the Black Sea Trade and Development Bank (BSTDB), the International Finance Corporation (IFC), UniCredit S.p.a., UniCredit Bulbank, UniCredit...

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