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Articles - expansions

Immofinanz signs new leases for nearly 20,000 sq. m offices and extends contracts for 18,000 sq. m in Romania

IMMOFINANZ, one of the most important office building owners in Bucharest, announces numerous new partnerships and extensions of agreements with tenants in the local office sector, accounting for a total of over 37,000 sqm. The company has attracted new tenants for 19,200 sqm and has prolonged and extended existing contracts for over 18,000 sqm in seven of its class A office properties in Bucharest.

NEPI refurbishes its Braila Mall and expands it by 2,450 sqm

New Europe Property Investments (NEPI) has started works of expansion and refurbishing on its Braila Mall, according to a company press release. With a delivery date set for the end of 2016, works currently carried out will take the shopping center’s total leasable area to 57,250 sqm.

S Immo AG's Sun Plaza Shopping Center to undertake massive transformation

Six years after it opened its doors in the South of Bucharest, Sun Plaza Shopping Center is ready for a new challenge: a refurbishment process that will significantly improve the retail mix and shop count.

Societe Generale expands offices in West Gate to 7,600 sqm

Societe Generale European Business Services (SG EBS) has expanded its office space within the West Gate business park and renewed its contract to be valid until 2021, park owner Genesis Development announced.

American company TiVo plans to double its engineering center in Iasi, Romania

American company TiVo, a leading provider of advanced television entertainment, plans to double its engineering center in Iasi, eastern Romania.

Romanian outsourcing company Optima expands to Iasi after EUR 200,000 investment

Optima, a Romanian provider of contact center services, will open a new center in Iasi in February following an investment of around EUR 200,000, according to a company press release.

Record 19 year lease on Romanian office market for Infineon Technologies in Novo Park

Infineon Technologies Romania, semiconductor developer and manufacturer, “signed for seven more years unbreakable with Novo Park, thus reaching a record lease contract that totalizes 19 years”, according to a press release from Novo Park.

Xerox expands customer care center in Oradea

American document management company Xerox announced it will move its Oradea customer care center in a class A office building, to be able to accommodate a growing team, after the headcount in the center increased from 35 agents at the start of 2015 to more than 110 employees at the moment.

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