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Cluj-Napoca has the most office projects in the pipeline, after Bucharest

The market of modern office spaces in Cluj-Napoca is the second largest in the country, after Bucharest and is expected to remain so in the coming years. Real estate investors plan eight class A office buildings in Cluj-Napoca, which will have a total area of 130,016 square meters, until 2025, which is about half of the current stock of modern offices in the city, according to an analysis conducted by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

NEPI Rockcastle announces changes in leadership

As of 1 June 1 2022, the Board of Directors of NEPI Rockcastle has decided to permanently appoint Rüdiger Dany as Chief Executive Officer (CEO) and Eliza Predoiu as Chief Financial Officer (CFO).

Swiss Coffee, a new tenant at MIRO offices

SPEEDWELL signed a lease agreement with Swiss Coffee, the official importer of JURA for Romania welcoming yet another strong international brand in the MIRO office building, in Baneasa, Bucharest. Swiss Coffee will occupy a total of 170 sqm, a space that will be covering showroom, office and service centre functions, exclusively for the Swiss brand JURA.

Ziv Gigi is the new Country Manager of GTC Romania and Bulgaria

GTC continues the strategy of consolidating the group, through internal promotions, with the appointment of Ziv Gigi in the position of Country Manager Bulgaria, where he will be responsible for all local market operations, in addition to his role as Country Manager Romania.

Increasing construction costs, the biggest challenge of 2022 for real estate companies in Romania and other countries in the region

The increase in construction costs represents the biggest challenge of 2022 for 90% of the real estate companies in Romania and in other countries in this region of Europe, according to the Deloitte Real Estate Confidence Survey for Central Europe 2022, conducted in the second quarter of this year in Romania, Poland, the Czech Republic and Hungary.

THETA Furniture & More officially inaugurated the new custom-made furniture production factory

THETA Furniture & More, one of the most significant Romanian integrators of interior design solutions, officially opened the doors of the new custom-made furniture production factory, in Păulești, Prahova County.

NEPI Rockcastle Announces New Management Team

As of June 1, 2022, the Board of Directors of NEPI Rockcastle has decided to permanently appoint Rüdiger Dany as Chief Executive Officer (CEO) and Eliza Predoiu as Chief Financial Officer (CFO).

One United Properties shares will be included in the FTSE EPRA Nareit EMEA Emerging index as of June 20th

The shares of One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate, will be included, as of June 20th, 2022, in a new FTSE Russell index: the FTSE EPRA Nareit EMEA Emerging index. FTSE Russell made the announcement following the quarterly adjustment.

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