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NEPI to raise EUR 100 mln for Promenada Mall acquisition, buys new land plot for new office development

NEPI to raise EUR 100 mln for Promenada Mall acquisition, buys new land plot for new office development

South-African real estate investment fund New Europe Property Investment (NEPI) will raise another EUR 100 million new capital via an accelerated book build (ABB) to finance the acquisition of the Promenada Mall in Bucharest, Romania, and other future projects, the fund announced on Monday.

Sema Parc launches new phase of its office project

Sema Parc launches new phase of its office project

Sema Parc group, controlled by businessman Ion Radulea, announced the launching of a new stage of its real estate project in Bucharest, namely two office buildings, Office 3 and Office 4.

Biggest business park in Romania

Biggest business park in Romania

According to market information, the Bog’Art constructions company has started last week to demolish the former administrative buildings of the Farmexim pharmaceutical group. In their place, Ioannis Papalekas will build the biggest business center in Romania.

The Landmark office project gets financing. Total investment of EUR 55 million

The Landmark office project gets financing. Total investment of EUR 55 million

The Landmark project is developed on 7,100 sq. m plot in Piaţa Romană area.

Fastest growth Barbu Văcărescu – Floreasca area radically changed during crises through EUR 600 million investments

Fastest growth Barbu Văcărescu – Floreasca area radically changed during crises through EUR 600 million investments

Less than one kilometre radius around Aurel Vlaicu metro station the real estate investors built and are continuing to develop office buildings which could accommodate 40,000 employees.

Skanska inaugurates first building in Green Court Bucharest

Skanska inaugurates first building in Green Court Bucharest

Real estate developer Skanska officially inaugurated the first building in the Green Court Bucharest project, 19 months after the start of the construction works. EUR 46 million have been put in this first phase of the project.

Global Vision completes next month the renovation of historical building near University Sq. in Bucharest

Global Vision completes next month the renovation of historical building near University Sq. in Bucharest

Real estate company Global Vision, specialized in property management services will complete next month the renovation process of Brătianu Business Center in Bucharest downtown, a project involving approx. EUR 5 million investments.

Lidl to develop offices and store unit on former Băneasa bread factory plot

Lidl to develop offices and store unit on former Băneasa bread factory plot

The building of the former Băneasa factory is demolished in order to make room for an office building and a store, the German retailer Lidl intends to develop on a quarter of the five hectares in Norhtern Bucharest.

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