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Articles

Bluehouse Capital’s Bucharest Office Buildings Sale, in Stand-by. The Buyer Cancels its Warsaw Listing

Meridian Properties, company registered in Netherlands, has cancelled the listing process on Warsaw Stock, intended to attract EUR 170 million for real estate acquisitions in the region, including three office buildings in Romania - Astoria Business Center, Olympia Tower and Victoria Center.

Australian pension funds to target European commercial real estate market

A new report released by Jones Lang LaSalle's International Capital Group highlights the increasing amount of Australian capital expected to be invested into offshore commercial real estate markets by 2020.

Office Market, More Active in 3Q: Over 90,000 sq. m in Transactions

Third quarter of the year was active on the office market: 90,030 sq. m were subject to transactions, including all type of office transactions in Bucharest – relocation, renewal and extension, according to Esop Consulting.

Mega Image Opened Second Concept Store in Bucharest

Retailer Mega Image opened on Wednesday its second concept store in Bucharest, located in the Berceni neighborhood.

Over 90% Occupancy Rate for West Gate Office Park. Medicover and 1 Minute New Tenants

West Gate office park reached 93% occupancy rate after the medical services operator Medicover opened a unit on 250 sq. m and the chain store 1 Minute inaugurated a unit on 100 sq. m.

Most Expected Highway in Romania Postponed Again

There are three bidders left in the “race” for the winning of the construction of the highway segment Comarnic-Brasov, the first project to be developed in concession, meaning the investment will be supported by the constructor.

Colliers: One of Five Office Buildings in Bucharest Is Empty

The vacancy rate of the A Class office buildings in Bucharest increased to 19.5% in mid-year; therefore out of five business centres one is vacant, with no tenants, according to a research conducted by the real estate consultant Colliers International, which has counted for Bucharest an office stock of over 1.6 million sq. m.

Cora Enters Ploiesti market with EUR 6.1 Million Investment

Belgium's retail network Cora has recently opened a hypermarket in Ploiesti, the first unit in this city and the 12th countrywide, following an investment of EUR 6.1 million, Mediafax writes.

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