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Skanska to invest EUR 80 million in Green Court office complex in Bucharest

Skanska invests EUR 80 million in its first real estate project in Bucharest, the office complex Green Court, has declared the CEO of the Swedish group, Johan Karlstrom, who mentioned that the plans for Bucharest market include several such projects.

Real estate investments value, 32% growth in H1

Total investment volume in Romania has increased with 32% to EUR 79 million in the first half of this year, compared to the similar period of previous year, according to the most recent report of CBRE Romania.

Deutsche Telekom is looking for offices in Bucharest for 150-200 employees

German group Deutsche Telekom, controlling through OTE the phone operators Romtelecom and Cosmote, is looking for a dedicated office space in Bucharest, with an area of 1,600-2,000 sqm, where a service center could be developed with 150-200 employees, according to ZF information.

Honeywell signed for new offices in Bucharest, with additional capacity for 300 employees

American giant Honeywell, who reached last year over EUR 110 million turnover and almost 1,800 employees, rented 20% of the biggest office building in Bucharest, creating additional space for another 300 employees in services area, according to ZF information.

Siemens, Panasonic and Accenture extend their lease term for West Gate offices

Five of the companies headquartered in the office park West Gate, situated in the Western Bucharest, has decided to extend their lease term with five to ten years and even to extend their area: Siemens, Panasonic, Accenture, WNS and PPD (Pharmaceutical Product Development) Romania.

A company from Constantin Iavorski group to develop an office building in Pipera

The company Integral Invest, owned by April 2010 directly by the family of the businessman Constantin Iavorski, former Energy Minister of the Republic of Moldova, has recently started the construction works for a nine floors office building in Pipera, Northern Bucharest, with an EU grant of EUR 3.8 million (17.1 million lei).

Raiffeisen attracted the first outside tenant for Sky Tower

Sky Tower in Bucharest, owned by Raiffeisen, has the first tenant outside the Austrian group since mid-August, the tourism technological services provider Amadeus renting 366 sqm at the 19th floor of the biggest office building in Romania.

How much money gathered Papalekas after the London Stock listing

The company Globalworth Real Estate Investments, founded by the Greek businessman Ioannis Papalekas, which was listed on the AIM market of the London Stock Exchange at the end of July, reached over EUR 73 million capitalization. Papalekas has businesses of EUR 500 million in real estate field in Romania.
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