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JLL: Floreasca, Downtown and Western Bucharest to maintain the highest office rates

Office space in Bucharest in Floreasca, Downtown and the western part of the city will maintain high prices, JLL experts advise. Half of all leasing activity is currently focused in these areas which will also see the most development in the near future.

Romania posts biggest CEE growth in real estate deals in first 9 months

Romania had the biggest growth in real estate transaction volumes in Central and Eastern Europe in January-September, of 215 percent, to nearly EUR 700 million, but the country remains less attractive than Russia, Poland and Czech Republic, according to CBRE.

Euromall developing luxury residential project in downtown Bucharest

Real estate company Euromall will be developing a luxury residential project, Vernescu Residence, in downtown Bucharest. This is the first residential investment for the local developer controlled by Israeli investors.

Companies controlling Bucuresti Mall and Plaza Romania to merge

Two companies that are part of Turkish group Anchor and own shopping centers Bucuresti Mall and Plaza Romania will merge. The two companies have combined assets of over EUR 200 million.

P3 Acquires 467,000 m2 of Warehouses plus Additional Development Land from CA Immo

P3, the specialist owner, developer and manager of European logistics properties,has agreed to buy two logistics parks in Poland and one in Romania with a combined total of 467,000 m2 of lettable space, from CA Immobilien Anlagen AG.

David Hay, AFI Europe: We have big plans for next year

The local development plans of AFI Europe include the expansion of AFI Cotroceni mall, the completion of the building 4 and 5 of the office project AFI Park, as well as the beginning of the INOX office project in 2017.

British Council has secondary quarters in Magheru-Amzei area

British Council has recently opened new classrooms in a building situated on 2 Mendeleev St. in Bucharest, in the downtown area Magheru-Amzei.

New offices in Pipera: Bog’Art to demolish Farmexim warehouses and Octagon is digging for Hermes 2

The autumn has started with the opening of two new offices construction sites near Pipera metro station, the new buildings being planned to be delivered in 2016.

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