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Articles - new office developments

Simon Roth to sell Dacia auto parts warehouse in Oarja to build EUR 50 million offices for Renault

Renault is the sole tenant of an warehouse of 65,000 sq.m owned by Simon Roth near Piteşti, and the sale of the warehouse will bring the investor the necessary capital to start the office project in Western Bucharest, built especially for Renault.

West Gate owner signs with Renault for another 3 years and abandon competition for the new Renault HQ in Bucharest

Liviu Tudor, the biggest Romanian office space owner, signed for Renault’s 3 years lease extension in West Gate in western Bucharest and has withdrawn from the tender for the new local headquarters of the Renault Group, leaving businessman Simon Roth without competition for the office project.

Belgian Yves Weerts kicks off construction of EUR 33 mln Unirii View office building

Belgian real estate investor Yves Weerts has started works on an 18,000 sqm office building called Unirii View near Unirii Square in Bucharest. The project requires an investment of EUR 33 million and is scheduled for completion in the second quarter of 2018.

Forte Partners secures EUR 50 mln loan from UniCredit Bank for The Bridge office project

Real estate developer Forte Partners will develop the first stage of its The Bridge office project with a EUR 50 million loan granted by UniCredit Bank.

Bucharest’s main railway station Gara de Nord could include speed trains, mall and office buildings

The architects of the Urbanism Excellence Centre „Ion Mincu“ (CEP) have presented to Romanian authorities a project of reconversion of Gara de Nord railway station to a Eurorailway station featuring speed trains, mall and office buildings with a market value of nearly EUR 2.4 billion. The project could be completed in minimum ten years.

S IMMO AG starts construction of THE MARK office project in Bucharest

Austrian real estate developer S IMMO AG has started the constructions of THE MARK office building in Bucharest, planning to finish it in the second quarter of 2018.

AFI Europe Romania to start the development of AFI TECH PARK Office project

AFI Europe Romania, part of the international holding AFI Europe, will start the development of AFI TECH PARK, a 50,000 sqm business park situated close to the Romanian Parliament. The first phase of the project, AFI TECH PARK 1, is scheduled to be delivered in the first quarter of 2018 and will offer 20,000 sqm of office spaces.

Vastint Romania: Our team will be among the first tenants of Timpuri Noi Square project

Vastint Romania, the real estate division of Inter IKEA group estimates it will complete in 2017 the works for the first two office buildings in Bucharest’s Timpuri Noi district.

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