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Articles

Globalworth Could Take Over NEPI Office Portfolio, Estimated At Nearly € 340 Million

Investment Fund Globalworth, the largest office owner on the local market, is in negotiations with New Europe Property Investments (NEPI) to take over the entire office portfolio of the South African investment fund in a deal that might reach EUR 340 million, according to market sources.

Immochan Romania Buys The Coresi Business Park Office Project in Brasov

Immochan Romania acquires the Coresi Business Park, integrating in the Cartier Coresi project the office component of the Brasov project, which had until now a commercial component through the Coresi Shopping Resort, and a residual one through the 1,000 apartments under construction.

Nepi Rockcastle Completed Aviatorilor 8 Office Project in Bucharest

NEPI Rockcastle, the largest real estate investor in Central and Eastern Europe, has completed the Aviatorilor 8 office project in the Victoriei Square area in Bucharest, located in the immediate vicinity of the Government of Romania.

The Value Of Real Estate Transactions In Romania, Up To Over € 400 Million In The First Semester

The total value of real estate transactions in Romania exceeded 400 million Euros in the first half of this year, up 156% over the same period in 2016, according to a study released by Colliers International, also showing that the total volume of investments could reach 1 billion Euros this year.

Office Rented Area Registered 176,000 M2 In Bucharest, In The First Half Of 2017

The office space market in Bucharest continues to grow this year, the record demand of 2016, 412,000 square meters, generating for this year the delivery of more than 450,000 square meters of space under construction.

Dedeman Buys Only The First Three Buildings In The Afi Park Project

The brothers Dragoş and Adrian Paval, the entrepreneurs who control the Dedeman network, the largest Romanian DIY business, want to abandon the acquisition of the entire five-building block of the AFI Park office project near AFI Cotroceni Mall from Africa Israel.

The outlook for the Real Estate market in 2017 in Business Review’s latest industry guide

Business Review’s latest Real Estate Guide reveals that the first semester of 2017 has been a positive one for the local real estate market and the upward trend looks set to maintain for the rest of the year. Through in-depth analyses dedicated to the office, residential, commercial and industrial markets, the guide reviews the main developments on the real estate market, the players’ forecast for the remaining of 2017 as well as new trends taking shape. Business Review looks into the growing popularity of mixed-use projects on the local market and new office trends taking shape in light of shifting work patterns.

Siemens Considers Bucharest Offices Relocation; Skanska's Campus 6 Project, An Option

Siemens, active in electrification, automation and digitization, is considering the possibility of moving its headquarters in Bucharest to a new office building.

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