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Articles

Christian Tour opened an agency in City Offices’ ground floor

Christian Tour, one of the biggest tourism agencies in Romania, controlled by Cristian Pandel, opened this week a new agency.

Immofinanz signs new leases for S-Park office building

Immofinanz Group, biggest office owner in Bucharest and one of the most important real estate developers in Romania, extends its portfolio with two new clients, while another tenant is extending its existing contract for S-Park office buildings, situated in Northern Bucharest.

Only two office completions in Bucharest in the second quarter

Developers only delivered two office buildings in Bucharest in the second quarter, and the low request could determine the delay for 2014 of several announced projects.

Bucharest office market, dominated by transactions under 3,000 sqm in the first 6 months

The number of the transactions on the Bucharest office market has increased with 22% in the first half of the year compared to the same period of 2012, driven by the relocations on areas less than 3,000 sqm.

Immofinanz incomes from rents in Romania reached EUR 50 million

The incomes from rents of the Immofinanz group in Romania reached EUR 49.5 million at the end of the fiscal year 20122013, registering an increase compared to the previous period (EUR 47.1 million).

NEPI to buy commercial park in Deva

South-Africa’s investment fund NEPI is nearing completion of the acquisition process of another commercial park from a local entrepreneur.

City Gate North Tower office building received green certification

GTC and Bluehouse City Gate e finalized the certification process of the first office tower within City Gate project in Bucharest, according to Colliers International, which assisted the process.

Eurobusiness Parks in Oradea attracted over EUR 200 million investments

Eurobusiness Parks I and II, managed by the company Eurobusiness Parc, owned by Oradea City Hall, attracted by present investments of approx. EUR 205 million, which will facilitate the establishment of 6,000 new jobs.
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