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Adgar Group purchases the Ochota Office Park in Warsaw

The Adgar Group is further investing in Warsaw with the purchase of the Ochota Office Park office complex from Mahler Project International. The acquisition includes a 36,350 sqm plot with three office buildings offering a total of about 40,000 sqm of office space and 1,000 parking places.

Marubeni investing in €150m power plant

In an investment worth €150m, thermal power producer Electrocentrale Bucuresti (ELCEN) and Japan’s Marubeni Corporation announced plans to build a power plant in Fantanele, according to Agerpres.

Europa Capital announces Windsor Sale

Europa Capital announces that the joint venture between Europa Fund II and St Congar Properties Ltd has sold its freehold interest in Imperial House, 67 Alma Road, Windsor to NFU Mutual Insurance Society Ltd for an undisclosed price.

Biggest real estate investors with former communist factories in their portfolio

The biggest ten former factories owners, bought for real estate development have invested over EUR 800 million in the last eight years for 40 former industrial platforms in Romania.

Direct foreign investment 35% down in 1Q 2013

Direct foreign investment totalized EUR 322 million in the first four months, with almost 35% down from the similar period of last year, where a level of EUR 494 million was registered, according to a release of the National Bank of Romania.

$126 million American investment near Ploiesti

Lufkin Industries opens today in Ariceştii Rahtivani village near Ploiesti a factory of components and systems for oil extraction, with an investment reaching $126 million.

Belvedere real estate project in Targu Mures unlocked after 5 years

An EUR 50 million real estate project in Targu Mures, started in 2007 and blocked for five years, following the extension of a protection area for natural gas probes will be unlocked as the protection area was reduced from 450m to 50m, has announced Corneliu Grosu, the district’s prefect.

Tudor becomes the biggest green office owner with an extra investment of EUR 1.5-3 mil./building

The office projects West Gate and Novo Park, situated in the western and northern Bucharest have received BREEAM Very Good, certification. Following this certifications, Liviu Tudor, the owner of the projects, has 100,000 sqm green offices in his portfolio.

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