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Articles

Mihai Păduroiu, appointed CEO, Office Division One United Properties

One United Properties announces the appointment of Mihai Păduroiu as CEO of the office division, starting November 1, 2019.

inSIGN studio will propose the new design concept for the building in which Radisson Blu Bucharest Hotel operates

Studio inSIGN - a member of Noblesse Group International - has been selected by the owner of the building in which Radisson Blu Bucharest operates, to propose the new design concept of the future rooms related to the potential expansion.

AFI Europe Romania announces the renewal and expansion of the lease agreement with Microchip Technology in AFI Park 1 office building

AFI Park 1, part of the complex AFI Park 1-5, announces the renewal of the lease agreement with Microchip Technology and the extension of the rented office space with 1,200 sqm. Currently, AFI Park buildings 1-5 have an occupancy rate of 100%.

Morgan Stanley’s real estate division takes over America House office building in Bucharest from AEW

Morgan Stanley’s real estate investment division, in partnership with a group of Israeli investors, has purchased the America House office building from French investment fund AEW, according to a statement from Clifford Chance Badea law firm, which assisted AEW.

EUR 28 million overpass in Colentina district, Bucharest, received the building permit

Gabriela Firea announces that the authorization for the construction of the overpass in Doamna Ghica area has been signed, the works to be completed in 12 months.

Forte Partners announces investments of about 100 million euros in two office buildings located in the center of Bucharest

Developer Forte Partners announces investments of about 100 million euros in two office buildings developed in central Bucharest. The projects are Matei Millo, worth 40 million euros, and Tandem, with a market value of 65 million euros.

Romania ranks third in the region with 61 companies in Coface Top 500 CEE

Romania has surpassed the Czech Republic in Central and Eastern Europe as the number of companies present in the top 500 largest companies in the region, being the third country in the ranking, with 61 companies, after Poland and Hungary.

Land transactions in Bucharest: over 500,000 square meters were traded in the first 6 months of 2019

Real estate investors bought land worth over 50 hectares in Bucharest in the first half of this year.
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