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Articles - transactions

CEE Property Investment Volumes Reach Record Levels in Q3

Corporate real estate (CRE) investment within Central and Eastern Europe (CEE) increased in Q3 by 14%, to a record €2.297 billion, with total yearly volume up 6% according to the most recent report on CEE property investment from CBRE.

Blue Point rented 1,500 sq. m in the office building Big Office in southern Bucharest

Local outsourcing services provider Bluepoint Call Center rented a new space of 1,500 sq. m in the project Big Office, reaching a total of 3,300 sq. m within the office building situated in southern Bucharest.

E-Value International leased 1,400 sq m in Coresi Business Park Brasov

E-Value International occupies 1,400 sq m in T42 building of Coresi Business Park Brasov, one of the most important business centers outside Bucharest and one of the largest urban regeneration initiatives in Romania.

Immofinanz consolidates office sector in Romania

Immofinanz, Austrian real estate investor announced several new partnerships and extensions of agreements with tenants in the local office sector, accounting for a total of over 21,000 sqm.

Embassy of Egypt relocates Bucharest headquarters

The Embassy of Egypt relocated its headquarters to Dorobanti Square in northern Bucharest, where many other embassies are based. DTZ Echinox brokered the deal.

Ness SES opens second Technology Innovation Center in Romania, renting 2,800 sq. m

Ness Software Engineering Services (SES) is opening its second Technology Innovation Center in Romania, according to a company statement.

Romanian commercial real estate investment volume up 15 pct. to EUR 900 million

Romanian commercial real estate investment volume has increased with 14.9 pct. to EUR 900 million in the a 12 months period which ended in the second quarter, while in Europe the market is 29 pct. up in the first semester, to EUR 104.9 billion, according to Knight Frank.

Papalekas to attract EUR 35 million for investments

Businessman Ioannis Papalekas wants to attract EUR 35 million from the shareholders of the Globalworth, the company he controls, in order to finance new real estate projects acquisitions and the needed investments for the office buildings in development in Bucharest.

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