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Iulian Dascălu registered EUR 67.7 revenues from rents in 2015

Local entrepreneur Iulian Dascălu, on e of the richest Romanians, registered last year a turnover of EUR 67.7 million, 10 pct. higher than in 2014, from renting his five malls and seven office buildings.

Swedish software provider ENEA expands Iasi based operations

Swedish software provider ENEA opened its first center outside of Bucharest in the UBC 3 office building within the Palas ensemble in Iasi and is currently developing its operations. The software maker is recruiting over 100 employees to fill the Software Developer and Manual/Automatic Tester positions.

ACI Worldwide leases 3,500 sqm in Openville Timisoara office complex

ACI Worldwide, the provider of payment solutions, has reached a lease deal with the Iulius Group. The company will lease around 3,500 sqm of office space in the Openville Timisoara project, which will be opened in the spring of 2017.

Autoliv Romania rents around 5,100 sqm in Timisoara

Iulius Group has announced a newly signed partnership with Autoliv Romania, subsidiary of Autoliv, Swedish manufacturer of automotive safety systems, regarding the leasing of approx. 5,100 sqm in the United Business Center 2 (UBC 2) class A office building within the Openville Timisoara mixed use ensemble, according to a company press release.

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.

Two new office buildings in Iaşi to host 2,100 employees

Iulius group, controlled by the Romanian entrepreneur Iulian Dascălu, will complete in the first half of this year two office buildings within the Palas Iaşi project, which will increase with 60 pct. the office area and where nearly 2,100 employees could work.

Iulius Mall invests EUR 3.5 mln into ‘new look’

Last year, the Iulius Management Center company invested over EUR 3.5 million for the redeveloping of specific areas within Iulius Mall Timisoara, according to company representatives. The works were carried out in parallel with those for the Openville urban ensemble that is located in its immediate vicinity and were recently completed.

Accenture leases last two floors of United Business Center 3 in Iasi

Consultancy and management services provider Accenture has rented 1,000 sqm within the Palas office park in Iasi, project owner Iulius group announced. The office space is on the last two floors of the United Business Center (UBC) 3 building.
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