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The future is of buildings connected to the Internet

Connecting a building to the Internet to manage from security to parking systems, from ventilation to heating, has become a reality based on digital technologies.

Colliers International Appoints Andy Hay as New Head of EMEA Real Estate Management Services

Leading global commercial real estate services and investment management firm, Colliers International, announced the appointment of Andy Hay as its new Head of EMEA Real Estate Management Services (REMS) effective immediately.

AFI plans to expand the offices near AFI Cotroceni mall with 30,000 sqm

AFI Europe, the owner of the AFI Palace Cotroceni mall, is considering adding 30,000 sqm of offices as an extension to the mall, according to Ziarul Financiar.

The mixed-use project Iulius Town Timisoara was inaugurated, total investment worth 442 million euros

The companies Iulius and Atterbury Europe inaugurated, in Timisoara, the mixed-use project Iulius Town, the largest investment in the region, totaling 442 million euros.

CBRE Romania recruits Gijs Klomp as Head of Investment Properties

CBRE expanded its Romanian management team by recruiting Gijs Klomp, as Head of Investment Properties for CBRE Romania. Gijs has over 17 years of experience in real estate and was involved in investment transactions worth more than EUR 2.00 billion.

Investor Michael Topolinski to develop a mixed-use project on the site of the former Dacia Textile factory

A company managed by Michael Topolinski recently concluded a new sale-purchase contract for the 5.2 hectares land of the former Dacia Textile factory at a price of almost 18 million euros, over ten years from the first purchase, when he paid about 40 million euros for the factory assets, according to the documents analyzed by Profit.ro.

2019 will be a record year in terms of new deliveries in Bucharest

The real estate development activity could double in 2019 compared to 2018, if all the projects scheduled for this year will be completed, data from the JLL Bucharest City Report show.

Medium companies that offer services for corporates have rented 32% more spaces in office buildings, compared to last year

In the first half of 2019, SMEs, companies with up to 250 employees, rented, pre-rented and extended office space contracts for a cumulative area of 86,870 sqm, 10% more than in the same period of 2018.

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