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London Remains World’s Most Expensive Office Market

London’s West End remained the world’s highest-priced office market, but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE Global Research and Consulting’s semi-annual Global Prime Office Occupancy Costs survey.

Who is Martin Slabbert, the South-African from NEPI who invested EUR 1 billion in Romanian real estate

Martin Slabbert, the South-African aged 43 is the founder and CEO of the largest real estate investor in Romania – the investments fund NEPI, owning over 1 billion Euros.

Linde Gaz to hire 300 people in Timisoara for support center

German group Linde, one of the biggest industrial gas suppliers in the world, has started the recruiting process for 300 new employees that will work in a regional service center, Linde Global Services, located in Timisoara.

BNP Paribas Real Estate has a new business development manager in Romania

Olga Melihov is the new business development manager of BNP Paribas Real Estate for Romania, who will be in charge of the company’s development on the market and the implementation of the development strategy in Romania

Globalworth buys 30,000 sqm of land in Pipera

Globalworth, real estate investment company founded by Greek businessman Ioannis Papalekas, bought several land plots totaling 30,000 square meters in northern Bucharest, for EUR 14.3 million, for commercial (office and retail) development.

New offices for 20,000 employees in construction in Bucharest

The real estate investors are working in Bucharest at new office projects on a total area of approx. 160,000 sq. m, where approx. 20,000 people could work, and the consultants say that the developers are mainly focused on attracting companies from other building than on new business.

JTI Romania opens new headquarters

JTI Romania, the local branch of cigarette producer Japan Tobacco International (JTI) has officially inaugurated its Bucharest head offices located near its production facility at 9-9A Dimitrie Pompei Boulevard. The office building underwent a renovation and extension process which started in April 2013 and was completed this May.

AFI Europe signs record EUR 220 mln refinancing loan for Bucharest mall

Real estate developer AFI Europe has signed a EUR 220 million refinancing loan agreement with Deutsche Pfanbriefbank, Erste Group Bank and Raiffeisen Bank for the AFI Palace Cotroceni shopping mall in Bucharest, its flagship project in Romania, the company announced today. The mall was valued at EUR 375 million in September last year, according to AFI Europe data.
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