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Office Market News

Atrium Center Arad, Took Over by a Company Owned by Hungarian Businessman Sandor Demjan

Demján Group, owned by the Hungarian businessman Sandor Demjan, took over the commercial centre Atrium Center din Arad, which will be managed by one of the companies of the Hungarian group, TriGranit Management Corporation.

World Trade Center complex in Bucharest Registered 3 pct. Revenues Growth

World Trade Center (WTC) in Bucharest, in insolvency since 2011, ended the first nine months of this year with revenues of EUR 6.43 million, 3% increase compared to the similar period of last year, according to the company’s officials.

Romania 2013 Economic Growth Estimated to 2.2 pct

Romania will record 2.2 percent growth this year as compared to the previously-estimated 1.6 percent and its economy will expand next year by 2.1 percent as compared to the previous forecast of 2.2 percent, according to the autumn predictions made public by the European Commission on Tuesday.

Online Retailer evoMag Invested EUR 100,000 in New Headquarters and Showroom in Bucharest

Online IT&C retailer evoMag has invested EUR 100,000 into new headquarters and showroom as more than 10 percent of the sales registered by the online retailer actually take place in the showroom.

Diaconu, Delta ACM 93: We’ve started giving ourselves Work

Businessman Florea Diaconu, who controls the Bucharest based construction company Delta ACM 93, with EUR 113 million turnovers last year, said he decided to involve in a residential project of EUR 40 million in southern Bucharest, on the background of construction works diminish on local market.

Benevo Appointed CFO from GTC

Real estate investment group Benevo, headed by the Canadian Michael Topolinski, has appointed Aviram Mor as new CFO, a manager working for the last seven years within the real estate development company GTC.

Twin Towers Barba Center in Pipera Up For Sale

Businessman Valentin Barba, cousin of Mihaelei Geoană, the wife of the senator Mircea Geoană, built few years ago the office project Twin Tower Barba Center in Pipera. Now, the project is up for sale.

Biggest Real Estate Investor in Romania Advertises for the First Time its Offices

Immofinanz group, the biggest investor on Romanian real estate market, IMMOFINANZ Group has partnered with Warner Bros. Consumer Products Germany to launch an image and brand campaign featuring one of the best-known Super Heroes in history, DC Comics’ Superman, and his civic identity Clark Kent.

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