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...
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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...
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...
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,...
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...
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...
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...
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....
