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Office Market News

AEW Europe appoints Raphael Brault as Head of Separate Accounts and Funds in Paris

AEW Europe recently announced the appointment of Raphael Brault to the role of Head of Separate Accounts and Funds. Raphael will be based in the firm's Paris office and will report to Rob Wilkinson, Chief Investment Officer. Raphael will be a member of the firm’s Investment and Executive committees. In this role Raphael will be responsible for the strategic direction and oversight of the firm's separate account mandates and funds managed from the Paris office.

Pullman Hotel, put on sale in January, for EUR 20 M

The Pullman Hotel of Bucharest (formerly Sofitel) will be put on sale in January for EUR 20 M, in order to partly cover the debts of World Trade Center Bucharest (WTCB), the insolvent company that controls the hotel, sources close to the situation told Mediafax.

DMS Energie Rented 500 sq. m Offices in West Gate

DMS Energie, German company in energy field has rented an office space of 500 sq. m, situated in the first floor of the H5 Building within West Gate office park, announced DTZ Echinox, the company assisting the transaction.

HP Extends its Lease with 10 Years for Novo Park Offices in Pipera

HP has extended with 10 years its lease for 26,000 sq. m office spaces in Novo Park complex, developed by the businessman Liviu Tudor in Pipera, a transaction representing a market premiere as these kind of deals are usually signed for 5-7 years.

Number of insolvencies doubled in October

The number of companies that have filed for insolvency doubled in October compared to September, so that 23,543 cases have been registered after the first ten months of this year, up by approximately 8 per cent compared to the same period last year, the National Trade Registry Office (ONRC) informs.

CEZ completes Europe’s largest wind farm in Romania

The Czech utility company CEZ completed the 600 megawatt Fantanele–Cogealac wind farm in Romania.

Ploiești Shopping City opens

ROMANIA Carrefour and NEPI have opened the Ploiești Shopping City shopping centre in Ploiești in an investment of EUR 65 mln.

Skanska makes first Romanian Investment

ROMANIA Skanska has made its debut on the Romanian market with the purchase of a 15,000 sqm plot on Strada Gara Herăstrău in Bucharest.

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