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Office Market News

Immpuls: EUR 200 M to upgrade Romania’s shopping mall market

The market for refurbishing shopping centers in Romania exceeds EUR 200 M, as more than a third of the shopping malls in the country are in need to revamping, according to Immpuls Real Estate Solutions consultancy firm.

Finnish fund invests EUR 10 million in real estate project in Bragadiru

BDY Invest real-estate developer, owned by Finnish investment fund Ahlstrom Capital, will initiate the second phase of a residential project in Bragadiru of 1,000 apartments, out of which 230 should be finalised by the end of the year.

CEE Manufacturing Excellence Awards & Strategy Summit

EuropaProperty.com and CEO Manufacturing Magazine are proud to announce the second annual CEE Manufacturing Excellence Awards & Strategy Summit. Our annual industry event covers, supports and recognizes manufacturing success in all sectors of the industry. Building on the success of our inaugural event, the Manufacturing Excellence Awards & Summit is being hosted June 10/11, 2014 once again in the beautiful InterContinental ballroom.

Ponta on Q1 2014: Preliminary data indicate a 3.7 percent GDP growth

Preliminary data on the first quarter of 2014 indicates an economic growth of 3.2 percent, according to Victor Ponta, who made the announcement on television for Romania TV.

Office development possibilities in Zagreb and Belgrade

Zagreb and Belgrade are generally viewed as offering office development possibilities despite being at different points in the development cycle. Belgrade has close to zero vacancy with limited stock while Zagreb has high vacancy and an “overheated” office market. Development opportunities are anticipated with an economic upturn in the Croatian economy in the next 2-3 years.

Moody’s changes outlook on Romania’s Baa3 rating to stable

Rating agency Moody’s Investors Service has changed the outlook on Romania’s Baa3 government bond rating to stable from negative. Concurrently, Moody’s has affirmed Romania’s Baa3/P-3 government bond ratings, according to a press release.

Strong start for European commercial real estate investment market in 2014

Improved investor confidence and lending conditions, as well as notably increased activity from opportunistic investors in recovering markets, led to a strong start for the European commercial real estate market in 2014, according to the latest research from global property advisor CBRE.

The Mergers & Acquisitions market shows first recovery signs

The M&A market showed first recovery signs last year, when has exceeded the threshold of EUR 1.3 billion, with a slight increase compared to 2012 level, sustained by the Stock listings and the portfolios sales made by the banks. The number of deals also increased, exceeding 100.

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Adina Camara

+40 748 886 010


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