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Articles - new office developments

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.

Forte Partners consortium to invest EUR 85 mln in business centre near Basarab overpass

Forte Partners, a real estate consortium of private investors, announced the start of a Class A business centre project, consisting of two buildings with a gross leasable area of 56,380 sqm.

The small city on the former Electronica factory plot in Bucharest

The transformation of the Electro­nica factory in Pipera into the office complex Iride represents, according to data from the real estate consultant Esop Con­sulting, the first large reconversion of a Bucharest factory, being at the same time the oldest and the most expanded in the future.

Alpha Bank and Ali Ergun Ergen increased with 40 pct. Timișoara Centrum’s project area, investment to reach EUR 90 million

Alpha Group Investments, a division of Alpha Bank group, and the company TBE Business Solutions, controlled by Ali Ergun Ergen, will invest EUR 90 million in the real estate mixed-use project Timișoara Centrum, with a rentable area of nearly 70,000 sq. m, modifying the initial concept which involved 40 pct less area and EUR 80 million investments.

Skanska: We’ll start in 2016 a phased office project in Politehnica area. The zone will be a new office hub

Swedish group Skanska, the developer of the office project Green Court in Floreasca - Barbu Văcărescu area in Northern Bucharest, intends to start a new office project next year, near the metro station Politehnica in Bucharest, where it has recently bought a 2.1 ha plot.

IKEA’s office project in Timpuri Noi neighbourhood in Bucharest becomes visible

The office project developed by Vastint Romania, the real estate division of Inter IKEA group, controlled by Swedish billionaire Ingvar Kamprad, on the plot of the former Timpuri Noi factory in Bucharest is becoming visible, as the foundation works are now carrying out.

Skanska Romania acquires land in west-central area of Bucharest

Skanska Romania announced the completion of a transaction for a new plot of land in the west-central area of Bucharest.

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