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Articles - new office developments

Portland Trust gets EUR 77.1 million loan from BCR for the first phase of Oregon Park

Shareholders if the company Portland Trust, founded and controlled by the British businessman Robert Neale, decided to borrow EUR 77.1 million from BCR for the construction of the first office buildings within Oregon Park project in development on the former industrial platform Pipera.

Office developments in Bucharest next year to increase stock by 15%

Office developers will deliver some 382,200 sqm of office space in Bucharest next year, or 15% of the current office stock.

`Duel` of the office poles in Bucharest: Floreasca and Orhideea prepare projects of nearly EUR 700 million

In the area Floreasca - Pipera in Bucharest are currently in construction office projects of nearly EUR 400 million, while the Orhideea area in western Bucharest became a strong competitor, with projects estimated by ZF at approx. EUR 250 million.

Octagon: The office market development will generate an increase of the residential request

The construction company Octagon, controlled by the businessmen Alexandros Ignatiadis and Paschalis Paganias, estimates for this year a turnover of nearly EUR 30 million, with 130 pct higher compared to 2014.

Bucharest’s Promenada mall could expand with office floors and be directly linked to subway station

The shopping mall Promenada located in northern Bucharest could get a new eight-floor wing. Four floors will be destined for office buildings, whereas the rest will be part of the shopping mall, according to a new real estate project presented at the Bucharest City Hall’s Urbanism Committee.

Anchor Group appoints Optim Project Management to complete the construction of Anchor Plaza Metropol

During the last months, OPTIM PROJECT MANAGEMENT was involved in many projects meant to improve and beautify the town, the surroundings and other cities of Romania.

CA Immo invests EUR 75 million in Bucharest office project

CA Immo, a developer specialized in office properties in Central European capitals, has started a new office development on the local market next to the Grozavesti metro station which will absorb a total investment of EUR 75 million, the company announced.

BCR is looking for solutions to consolidate its operations in Bucharest

BCR, the largest local bank is considering for more over a year the restructuration and consolidations of its quarters in Bucharest.

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