Real Estate
JLL Romania Appoints Andrei Vacaru as Head of Capital Markets
Real estate consultancy firm JLL Romania has promoted Andrei Vacaru as Head of Capital Markets JLL Romania, effective August 1, 2018.
Globalworth Takes Out EUR46M Loan From BCR For Construction Of Renault Romania’s New HQ
Real estate developer Globalworth has taken out a loan of EUR46 million from Banca Comerciala Romana (BCR), which will be used for the construction of the future headquarters of Groupe Renau...
Hypermarket And Supermarket Chains Own RON21B Worth Of Stores And Warehouses
The total immobilized assets of modern retailers in Romania stood at almost 21.5 billion lei (EUR4.7 billion) last year, having increased by 20% over 2016, ZF has calculated from Finance Min...
C&W Echinox: Romania Industrial & Logistics Stock Exceeds 3M Sqm Threshold
The local industrial and logistics stock exceeded the 3 million sqm threshold, reaching 3.12 million sqm at the end of the first half of 2018, according to Romania's Industrial & Logistics M...
Lithuania’s Apex Alliance Invests EUR90M In Four Hotels In Bucharest
Lithuania’s Apex Alliance, held by a number of investors, such as Nerijus Numavicius, regarded as the richest man in the Baltic country, will invest EUR90 million to build four hotels in Buc...
CBRE Becomes Lease Consultant For Willbrook Platinum Business & Convention Center
Real estate consulting firm CBRE has taken over the lease services for Willbrook Platinum Business & Convention Center, a project developed by British company Willbrook International in Bane...
Hoshen Holdings Buys 272 Villas Within Insolvent Green City Compound For EUR8M
The group of firms Hoshen Holdings has paid EUR7.9 million for 272 villas within Green City compound, a project developed by businessman Dumitru Bucsaru, in southern Bucharest, and currently...
Profi Leases 800 Sqm in Anchor Plaza Building in Bucharest
Profi, one of the largest retail chains in Romania, leases 800 sqm of office space in Anchor Plaza in Bucharest, owned by Anchor Grup, real estate consultancy firm JLL, which assisted Profi...
C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value o...