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Amazon rents 13,500 sq.m office building in Iaşi, Romania

Amazon,worldwide largest retailer, rented the UBC 5 office building within office project Palas Iaşi, with a rentable area of 13,500 sq. m, according to sources close to the transaction. It is the largest office transaction outside Bucharest.

Ringier pays EUR 31 mln for Romanian real estate portal

Swiss media group Ringier will pay up to EUR 31 million to take over the biggest real estate ads portal in Romania – imobiliare.ro.

JLL: New trend on Bucharest office market in the first quarter - growing interest for Piata Unirii area

JLL Romania has brokered in the first quarter of 2016 office rental transactions totalizing 25,000 sq. m in Bucharest, Cluj-Napoca and Iași , a record level in the last 12 months.

AFI bought 4 ha plot in Braşov for a mixed-use project, including retail and offices

AFI Europe Romania has completed the acquisition of the plot of 40,000 sq. m in the centre of Braşov city, in Romania, where it plans to develop a mixed-use project, including the shopping centre AFI Palace Braşov and the A class office project AFI Park Braşov.

Liebrecht & wooD Group invested EUR 200 million in 15 years of activity in Romania

Liebrecht & wooD has invested around 200 million euro in Romania to date and its portfolio of completed projects includes properties totalling 115,000 sq m of office and retail space.

Plaza Centers investigates several issues regarding Casa Radio project in Bucharest

Israeli investor Plaza Centers is currently undergoing an internal investigations considering certain deals concluded in the past in connection with the project Casa Radio in Bucharest, owned by the developer in partnership with the Romanian State and Turkish group Kucuk.

2016 brings stricter rules for sustainable buildings certification

2016 will bring major changes regarding worldwide green buildings certification, including Romania, considering that the most popular certification methodologies, BREEAM and LEED, will be updated this year.

NEPI’s former executives launch new real estate company, target EUR 500 mln deals in Eastern Europe

Martin Slabbert and Victor Semiononv, the founders and former managers of South-African investment fund NEPI – the biggest mall owner in Romania, have launched a new real estate investment and development company, Prime Kapital, which will be focused on real estate projects in Central and Eastern Europe (CEE).

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