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Articles - new office developments

Beverages distributor invested in office building and service areas in southern Bucharest

The value of the investment in the building of 5,000 sq. m exceeds EUR 3 million.

Anchor Grup to invest EUR 20 million for the completion of Metropol office building in Bucharest

Turkish company Anchor Grup, the developer of the first two malls in Bucharest, decided to resume this year the construction of the office project Anchor Plaza Metropol, situated in Timişoara Blvd. in Bucharest, after more than five years since the construction works blocking.

Anchor: Romania is on an ascending trend. Real estate and retails to evolve positively

Affan Yildirim, new general manager of Anchor Grup, the developer of the first two malls in Bucharest, Bucureşti Mall and Plaza Romania, sees a positive evolution of the real estate sector, as well as of the retail on local plan, a reason for the company started in the last period several investments in Bucharest, estimated at approx. EUR 50 million.

AFI Europe receives EUR 39 mln loan for AFI Park 4&5 in Bucharest

AFI Europe has signed a financing agreement totalling EUR 39 million for finalizing the construction of AFI Park 4&5 office buildings, say company representatives.

Practic plans to invest in office, residential and retail spaces in Bucharest

Practic Bucharest, a Romanian real estate player, aims to expand its assets on the property market, according to a company's release.

Three Romanian entrepreneurs join forces in real estate business

Ionuţ Dumitrescu, Johny Jabra and Geo Mărgescu, three entrepreneurs who sold to foreigners properties in Romania exceeding EUR 100 million are now putting together their assets in order to entry the competition with real estate giants. They aim offices and residential developments.

Biggest Romanian mall owner announces EUR 220 mln mega-investment in Timisoara

Iulius Group, the biggest Romanian mall owner, will splash the cash on a mega real estate project in Timisoara, Romania’s fourth largest city. Romanian entrepreneur Iulian Dascalu, one of the country’s first mall developers, controls the Iulius Group.

Three young entrepreneurs invested EUR 30,000 in a new Bucharest office hub

Two engineers, Alexe Alexandru and Laurenţiu Oprea, together with an architect - Alexandru Predonu – invested EUR 30,000 in a new work hub in Bucharest, the budget covering the fit-out costs, as well as the furniture and equipment costs.

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