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Articles

These new flats already come with an application!

Kassák Residence, a residential complex in Hungary, awaits its residents with a pioneering community mobile application, here the apartments also come with plenty of community services, of which this application is a part.

Globalworth appoints Marian V. Popa as Managing Director for Romania

Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Marian V. Popa as Managing Director for Romania with effect from 1st March 2021. As Managing Director, Marian V. Popa will be responsible for managing the company’s activities in Romania, focusing on operational, administration and business development matters, and will report to Dimitris Raptis, CEO of Globalworth Group.

Portland Trust Office Developments Set New Safety and Hygiene Standards

Commercial property developer Portland Trust is creating new standards of hygiene and cleanliness at its office developments in Bucharest. Innovative devices minimising the risk of bacteria and virus transmission in elevators join a range of safeguards implemented by the company to protect the health of workers and visitors in response to the Covid-19 pandemic.

Kromberg & Schubert leased 2,000 sq.m. office space in Vox Technology Park

German wire harness systems producer for the automotive industry Kromberg & Schubert leased 2,000 square meters of office space in Vox Technology Park from Timisoara.

M&A activity recorded significant levels in 2020, despite the unprecedented general context

The Romanian mergers and acquisitions (M&A) market recorded91 transactions in 2020, compared to 110, in 2019. According to Deloitte estimations, the total market value, including the transactions with undisclosed values, was of 3.7-4.3 billion euros in 2020 (compared to 4-4.4 billion euros in 2019), while transactions with disclosed value totalled 1.5 billion euros (compared to 1.7 billion euros in 2019).

Office development market, resilient: MIRO, a new office project started by Speedwell in 2020

MIRO will offer tenants Class A office space with premium and innovative design, along with a comfortable work environment in a 5-storey building with a total leasable area of 23,000 square meters. Each level has a flat floor of 4,750 sqm, and the ratio of parking spaces to rentable area is 1:40.

Dimitris Raptis is appointed Chief Executive Officer of Globalworth Group

Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces that Dimitris Raptis is appointed sole CEO of the Group. Ioannis Papalekas is stepping down as CEO of the company effective 15th of December 2020.

Dentotal distributor moves its offices to Equilibrium I office building

Dentotal rented a 650 sq m office space in the Equilibrium I building, assisted by the consulting company ESOP Consulting.

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