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Articles - new office developments

EUR 50 M Financing For One United Properties From Black Sea Trade And Development Bank

One United Properties announces an important financing from Black Sea Trade and Development Bank (BSTDB) worth EUR 50 million. This is a major step in the group’s business strategy and also a confirmation granted by an international financial institution after a process of thorough due diligence and verification of creditworthiness in several segments.

Office development market, resilient: MIRO, a new office project started by Speedwell in 2020

MIRO will offer tenants Class A office space with premium and innovative design, along with a comfortable work environment in a 5-storey building with a total leasable area of 23,000 square meters. Each level has a flat floor of 4,750 sqm, and the ratio of parking spaces to rentable area is 1:40.

Catinvest to open the first Class A office building within the Electroputere Parc Craiova

Catinvest opened the first class A office building in Craiova, in the Electroputere Parc shopping center, as part of its strategy to consolidate the project in the Oltenia region.

Impact Developer & Contractor started the construction of Greenfield Plaza, including more than 1000 sqm of offices

Impact Developer & Contractor started the construction works at the fourth phase of development of the Greenfield Băneasa residential compound. This will include Impact's first commercial project, Greenfield Plaza, the largest community center in a residential complex, with 7,258 sqm of space for trade and services and 1,184 sqm of office spaces.

The boutique office buildings in Bucharest remain attractive in 2020 for tenants and investors

This year, two new boutique buildings with premium finishes, located in central areas, have been put into use or are being delivered. They will have a total area of 13,000 sqm class A office space. In the future, It is estimated that two more buildings of this type will be delivered next year, with a total area of 19,500 sqm.

H Victoriei 109, a project for a new Bucharest

An interview with Yitzhak Hagag, Chairman and Board Controller of the Hagag Group

Developers will deliver in the next 16 months almost 500,000 square meters of modern offices in Bucharest and the regional cities

The office market in Bucharest and in the major regional cities – Cluj-Napoca, Timișoara, Iași and Brașov – continues to develop, with local and foreign investors having projects under construction or scheduled for delivery with an area of approximately 500,000 square meters that will be put into use in the next 16 months, according to Bucharest Office Market and Office Regional Cities Reports, realised by the real estate consulting company Cushman & Wakefield Echinox.

One United Properties - capital increase of 25 million euros for One Cotroceni Park, the largest urban regeneration project in Bucharest

One United Properties has completed the capital increase process worth 25 million euros, for investments in the largest urban regeneration project in Bucharest, which is currently developing on the site of the former Ventilatorul factory: One Cotroceni Park. The company recently sold 30% of the companies that develop the office component of the One Cotroceni Park project for a capital increase that will be invested in the development of this project.

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