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Articles - properties facelift

CBRE: Only 5 pct of the modern retail stock to undergo complete renovation

Only 5 pct of the modern retail stock underwent complete renovation, while 15 pct of the stock only suffered few modifications, considering that almost 40 pct. of the total modern commercial area is functional for more than 6 years and needs repositioning or renovations, said Luiza Moraru, head of retail and asset services within CBRE Romania.

Anchor Group starts work on Plaza Romania’s EUR 10 mln facelift

Real estate developer Anchor Group has begun refurbishment works on the Plaza Romania mall in western Bucharest, a project that will require a EUR 10 million investment, the company announced today.

Adgar Group transforms Ochota Office Park into Adgar Park West

The Adgar Group, who purchased the office complex at Aleje Jerozolimskie 181 in Warsaw in June this year, has revealed the concept for the modernization of the complex and its new name, Adgar Park West, referring to its location west of the centre of the capital city and proximity to Szczęśliwicki Park.

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