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General

Gran Via acquires land parcel in Bucharest for residential development

The Spanish developer, Gran Via Real Estate, announced the acquisition of new land, located on Fabrica de Gheață Street, in the immediate vicinity of the Urban Highway in Bucharest....

Investment Market

Hagag plans €100 million of investments in Romania

Hagag Development Europe has an investment budget in Romania of €100 million for this year, according to Ziarul Financiar. The developer will focus on the niche segment of historic...

Russia-Cis

DEICHMANN to open a new store in Colosseum Mall

Colosseum Mall has signed with the German retailer DEICHMANN to open a 500 sqm store, as part of the current expansion plan of the commercial centre. The leader of...

Warehousing, Logistics and Industrial

Globalworth and Global Vision accommodate the e-commerce division of Mega Image

Mega Image has become a new tenant of Globalworth and Global Vision, in Chitila Logistics Hub. The food retailer leased a warehouse with a total area of 4,500 sqm,...

Investment Market

Romanian entrepreneur invests €10 million on a new residential complex in Bucharest

Alina Marulis, an entrepreneur from Bucharest, is investing €10 million in a boutique project of 12 villas, at the edge of Băneasa forest, near the American school. The project...

Warehousing, Logistics and Industrial

P3 Logistic Parks increases total portfolio by 48 percent – German portfolio triples

P3 Logistic Parks (P3), a long-term investor-developer of European warehouse properties, has contributed to the overall resilience of the logistics sector during 2020. In a year that created unparalleled...

Retail News

Polish group Scallier to develop shopping parks in second-tier Romanian cities

Polish group Scallier will develop six shopping centres in second-tier Romanian cities lacking modern retail spaces, with an investment volume estimated at €5-10 million per project, Economica.net reported. The six...

Office Leasing

Speedwell signs new financing agreement with Erste Group Bank for a new office project in Bucharest

Speedwell, one of the most dynamic developers on the Romanian market, is joining hands with Erste Group Bank by signing a financing agreement of €27 million for the development...

General

Bucharest – the skyline transformation by 2025

“Bucharest – the skyline transformation by 2025”, an exclusive investment/destination marketing oriented real estate digital tour, for optimism and perspective after a traumatic year (2020), is out now, published...

Warehousing, Logistics and Industrial

WDP to develop warehouses for FedEx in Romania

Belgian logistics space developer WDP is building a 2,200 sqm warehouse for the courier company FedEx in Cluj county, central Romania. “The investment amounts to €10 million, and FedEx...

Warehousing, Logistics and Industrial

Quehenberger Logistics to move all activities for Brico Depot to CTPark Bucharest West

CTP, the largest full-service owner-developer of prime industrial and logistics property in Romania and CEE, convinced Quehenberger Logistics to move their entire logistics activity for Brico Depot Romania to...

General

Globalworth Foundation inaugurates first Hi-Tech Centre of “Ion Mincu”

The Globalworth Foundation inaugurated the first Hi-Tech Centre for future architects, within the “Ion Mincu” University of Architecture and Urbanism, Bucharest. Through this modernization and endowment project, with a...

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