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Globalworth plans to develop 130,000 sqm office in Bucharest and 175,000 sqm industrial in Timisoara

Globalworth plans to develop 130,000 sqm office in Bucharest and 175,000 sqm industrial in Timisoara

Globalworth has reached at the end of the first semester of 2018 a portofolio of assets valued at EUR 1.2 billion in Romania and is planning new real estate investments in the country.

AFI Europe Romania concludes a EUR 22 million Development Loan from Bank Leumi Romania for the financing of AFI Tech Park phase 1

AFI Europe Romania concludes a EUR 22 million Development Loan from Bank Leumi Romania for the financing of AFI Tech Park phase 1

AFI Europe Romania has signed a financing agreement of EUR 22 million with Bank Leumi Romania for the development of phase 1 of AFI Tech Park, the newest business park the company is currently developing in Bucharest.

NEPI and Ovidiu Şandor have completed the office project The Office in Cluj-Napoca

NEPI and Ovidiu Şandor have completed the office project The Office in Cluj-Napoca

The office project The Office, developed in Cluj-Napoca by the investment fund New Europe Property Investments (NEPI) and the entrepreneur Ovidiu Sandor, with a total rentable area of 59,000 square meters and with a capacity of over 5,000 people, was completed.

Globalworth to Develop Renault Offices in Western Bucharest

Globalworth to Develop Renault Offices in Western Bucharest

The project for Renault’s offices in western Bucharest will be developed by Globalworth, as the real estate fund has taken over 50 pct. of the shares of Elgan Offices, the winner of the bid for the company’s headquarters in Bucharest.

Romanian Iulius Group Reached More Than 100,000 sqm Modern Offices In Its Portfolio

Romanian Iulius Group Reached More Than 100,000 sqm Modern Offices In Its Portfolio

Iulius Group reached a portfolio of office spaces exceeding 100,000 sqm in nine buildings.

Modern office space in Bucharest exceeds 2.5 million sqm

Modern office space in Bucharest exceeds 2.5 million sqm

The stock of modern office space in Bucharest has exceeded 2.5 million square meters this year. Another 80,000 sqm will be delivered by the end of the year, according to a report of CBRE.

Modern corporate employees need silence and relaxation, the real estate developers comply

Modern corporate employees need silence and relaxation, the real estate developers comply

The average of ten square metres for each employee working in the modern office buildings is making more and more room to larger common areas, open spaces which support the socialization and working together in the company.

Owner of Green Gate office building pays back EUR 10 million of its construction loan

Owner of Green Gate office building pays back EUR 10 million of its construction loan

S Group has increased the capital of the Romanian company Green Gate Development, the developer of an office Building in Bucharest, with EUR 9.85 million. The amount is used to pay back part of EUR 14.6 million loan took in 2007.

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