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Articles

The Țiriac Tower building is supplied 100% with energy from renewable sources, sustainably serving over 800 people

Ţiriac Tower, the office project developed by Ţiriac Imobiliare in Victoriei Square in Bucharest, is constantly expanding. So far, 9 companies with a total of 833 employees work in the building in the center of the Capital, at the highest COVID-19 prevention standards implemented among office buildings in Romania, also confirmed by the international certification Health Health - Safety.

The Romanian investment market recorded transactions of almost 900 million euros in 2021

The total value of real estate investments approached 900 million euros in Romania in 2021, more than a third of the traded amount being registered in the last three months of the year, according to Colliers Romania consultants.

The local mergers and acquisitions market was dominated in 2021 by strategic investors, and the most active sectors were real estate, energy and technology

Strategic investors were the most active buyers on the local mergers and acquisitions market (M&A) in 2021, with over 60% of the total number of transactions, followed by institutional and private investors (20%) and private equity firms (17%), according to a Deloitte Romania analysis.

Grivalia investment fund is selling a real estate portfolio of over 65 million euros

The Greek investment fund Grivalia has decided to sell its real estate inherited from the Eurobank group in Bucharest and Iasi, valued at over 65 million euros, according to Profit.ro.

Booking Holdings leased 8,000 square meters in U•Center, an office project developed by Forte Partners

Forte Partners announces the lease of over 8,000 square meters in the U•Center office project to Booking Holdings Inc., the world’s leading provider of online travel and related services, for their inaugural Center of Excellence in Bucharest, Romania.

One United Properties announces the conclusion of an acquisition of a majority stake in Bucur Obor S.A.

One United Properties (BVB: ONE), the leading green developers of residential, mixed-use and office real estate in Romania, announces the conclusion on February 8th, 2022 of the acquisition of the majority stake of Bucur Obor S.A. Following the conclusion of the transaction, One United Properties holds sole direct control over BO Retail Invest S.R.L. which in turn holds a majority stake in Bucur Obor S.A., a company listed on the AeRO Market of the Bucharest Stock Exchange under the symbol BUCU.

GTC announces new tenants and lease prolongations in its Romanian projects

GTC, one of the leading real estate companies in Central and Eastern Europe, announces the leasing of 1,618 square meters, located in two of its emblematic projects in Bucharest, City Gate and Premium Plaza. Also, the developer extended the lease contracts with other two companies that together occupy 1,510 sq m of office spaces, in City Gate.

Vox Property Group, 4,650 square meters of office leased in 2021

Vox Property Group, one of the most important real estate developers in the western part of Romania, leased in 2021 a total of 4,650 square meters of office space in Vox Technology Park, a project delivered in Timisoara after an investment of EUR 30 million.

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