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Articles - new office developments

Marius Şcuta, JLL: Real estate market continues its ascending trend

The area Aurel Vlaicu-Barbu Văcărescu will continue to develop in the following period, as six-seven office buildings will be developed in the area, but big chances are that the central-western Bucharest also get the attention of the investors, from Basarab bridge to AFI Cotroceni, considers Marius Şcuta, head of office department and tenant represen­tation of John Lang LaSalle (JLL) .

Iulius Group to build 9,000 sqm building in Palas Iasi complex

Palas Iasi will expand to a 62,000 sqm GLA through the addition of United Business Center (UBC) 6, a 9,000 sqm Class A office building, shows a statement by the developer Iulius Group.

Bog'art, general contractor for the office project Gara Herastrau

Globalworth Real Estate Investment Fund Investments, controlled by businessman Ioannis Papalekas announced that it has appointed Bog'art as general contractor for the construction of the Gara Herăstrău office building.

Alpha Group and TBE Business Solutions, investing €80m in Timisoara

Alpha Group Investments Ltd together with TBE Business Solutions is developing a new project in Timisoara in western Romania

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.

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