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Articles

IMMOFINANZ announces strategy update following the majority takeover by CPI Property Group

IMMOFINANZ is presenting an updated strategy following the majority takeover by CPI Property Group. The company plans to continue its value-creating growth strategy with a strong focus on retail properties and office solutions.

Afi Europe received LEED Platinum pre-certification for the Afi Tech Park 2 office building

AFI Tech Park 2, the second phase of the AFI Tech Park office development built up by AFI Europe Romania near the Palace of Parliament, has received LEED Platinum precertification, after successfully completing the GBCI review of early design stage documentation. The extensive certification process is coordinated by the Green & Healthy Buildings Certifications Division of Colliers Romania.

Siemens Energy signs a lease for 7,500 square meters of office space at One Cotroceni Park Office Phase 2

Siemens Energy, one of the world’s leading energy technology companies, signs a lease of 7,500 square meters within One Cotroceni Park Office Phase 2. The lease of the space is due for a period of 10 years, and the transaction was brokered by JLL Romania.

Cluj-Napoca has the most office projects in the pipeline, after Bucharest

The market of modern office spaces in Cluj-Napoca is the second largest in the country, after Bucharest and is expected to remain so in the coming years. Real estate investors plan eight class A office buildings in Cluj-Napoca, which will have a total area of 130,016 square meters, until 2025, which is about half of the current stock of modern offices in the city, according to an analysis conducted by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

NEPI Rockcastle announces changes in leadership

As of 1 June 1 2022, the Board of Directors of NEPI Rockcastle has decided to permanently appoint Rüdiger Dany as Chief Executive Officer (CEO) and Eliza Predoiu as Chief Financial Officer (CFO).

Swiss Coffee, a new tenant at MIRO offices

SPEEDWELL signed a lease agreement with Swiss Coffee, the official importer of JURA for Romania welcoming yet another strong international brand in the MIRO office building, in Baneasa, Bucharest. Swiss Coffee will occupy a total of 170 sqm, a space that will be covering showroom, office and service centre functions, exclusively for the Swiss brand JURA.

Ziv Gigi is the new Country Manager of GTC Romania and Bulgaria

GTC continues the strategy of consolidating the group, through internal promotions, with the appointment of Ziv Gigi in the position of Country Manager Bulgaria, where he will be responsible for all local market operations, in addition to his role as Country Manager Romania.

Increasing construction costs, the biggest challenge of 2022 for real estate companies in Romania and other countries in the region

The increase in construction costs represents the biggest challenge of 2022 for 90% of the real estate companies in Romania and in other countries in this region of Europe, according to the Deloitte Real Estate Confidence Survey for Central Europe 2022, conducted in the second quarter of this year in Romania, Poland, the Czech Republic and Hungary.

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