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Articles

Bucharest Office Transactions Top in 2013

The best news for Bucharest office market this year came from Deutsche Bank, Honeywell, Vodafone and TeamNet, companies that rented new office spaces with the intention to expand and hire 200-300 employees each.

Skanska Breaks Ground on its First Krakow Office Building

Skanska Property Poland recently broke ground on its 42 Kapelanka office project in Kraków.

IKEA signs lease at Segro Logistic Park Prague

IKEA will be the first tenant to the new phase of Segro Logistic Park Prague near the Václav Havel Airport in Prague.

European Real Estate Investment Activity Rises 21 Percent from a Year Earlier in Q3 2012

The European commercial real estate investment market had its strongest third quarter since 2007 with €35.5 billion in transactions - up 21 percent on Q3 2012, according to the latest data from global property advisor CBRE.

Last Mall to Open in Romania by the End of 2013

South-Africa’s investment fund NEPI will open next month the mall in Galaţi. This is the last project announced to be opened this year.

IVG closes acquisition of Le Palais in Warsaw

IVG Institutional Funds GmbH, acting on behalf of IVG Warsaw Fund, closed the purchase of Le Palais from a subsidiary of Warimpex Finanz - und Beteiligungs Aktiengesellschaft. The total purchase price amounted to ca. €31 million.

Lidl Opens New Store in Galaţi

German retailer Lidl opens a new store in Galaţi, the third within the city and the 165th of the network in Romania, the company announced.

Billa Reached 80 Supermarkets Network

Billa, part of the German group REWE, reached 80 stores network in Romania, following the opening of a new store in Timişoara, the third opened by the retailer in this city.
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