Real Estate
Cushman & Wakefield Echinox Advised River Development in The Light One Sale to Uniqa
Real estate consultancy company Cushman & Wakefield Echinox has advised real estate developer River Development in the sale of its The Light One office building in Bucharest to Austrian grou...
CBRE: Real Estate Investments In Romania Near EUR100M In 1Q/2021
Real estate investments in Romania totaled EUR98 million in the first quarter of 2021, lower by 19% compared with the level reported in the same period in 2020, per the quarterly report of C...
Logistics Space Developer WDP Makes EUR11.3M Rental Income in Romania in Q1, 2021
Belgian-held logistics space developer WDP, one of the most active investors on the Romanian market, made EUR11.3 million in rental income in this country in the first quarter, its latest re...
Star Residence Invest Seeks to Raise Share Capital by RON19.2M to Fund Development
Real estate investment trust Star Residence Invest (REIT.RO) has summoned shareholders for a meeting on May 31-June 2 to approve a share capital increase by RON19.2 million to fund its furth...
AFI Europe Romania Starts Renovating Common Areas Within AFI Lakeview Office Building
AFI Europe Romania has started in April renovation works for the common areas within the AFI Lakeview office building, which was acquired from South-African investment fund NEPI-Rockcastle i...
River Development Sells The Light One Office Building in Bucharest to Uniqa Real Estate
River Development has sold The Light One office building in western Bucharest to UNIQA Real Estate, the real estate arm of Austria's UNIQA Insurance Group.
Hervis Opens Store in Craiova's Electroputere Parc Shopping Center
Sporting goods retailer Hervis Romania, the local division of Austrian group Spar, will be opening a store in Craiova, within the Electroputere Parc shopping center operated by French real e...
Around 95% of Outsourcing Companies Plan Hybrid Working Model after Pandemic
Around 95% of the companies in the outsourcing industry in Romania will implement a hybrid working system after the pandemic and 55% of industry employees will work 8-12 days a month from th...
Tech Mahindra Extends Office Space in Vox Technology Park Timisoara
IT giant Tech Mahindra, present in Romania since 2019, has extended its office space in Vox Technology Park Timisoara by an additional 1,500 square meters, reaching a total office area of 2,...