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Articles - expansions

Immofinanz consolidates office sector in Romania

Immofinanz, Austrian real estate investor announced several new partnerships and extensions of agreements with tenants in the local office sector, accounting for a total of over 21,000 sqm.

Qualitance expands office spaces by 600 sqm

Qualitance has expanded its office spaces from 550 square meters to 1,150 square meters, announces DTZ Echinox.

Casa Rusu in Constanta expands by 710 sqm

Casa Rusu, the furniture retailer of Romanian furniture producer Rus Savitar, announced an expansion of its space by 710 sqm, involving an investment of EUR 120,000.

Lidl and Kaufland’s expansion in CEE, including Romania, financed with public money

Retailers Lidl and Kaufland, which are owned by German Schwarz Group, have received almost USD 900 million in public development funds from a division of the World Bank and the European Bank for Reconstruction and Development (EBRD), to finance its expansion in Central and Eastern Europe, including Romania, in the last ten years.

AFI Europe invests EUR 15 mln to expand shopping center in Bucharest

Real estate developer AFI Europe Romania will invest EUR 14-15 million in expanding the AFI Palace Cotroceni shopping center by some 8,000 sqm.

City Park Mall Constanta to be extended by December 2015

South-African investment fund NEPI (New Europe Property Investments) started working on the extension of City Park Mall Constanta (South-Eastern Romania).

Real estate consultant NAI Romania relocates to EKA Business Center and expands in the province

NAI Romania relocates its activity starting 1st of March to the office building EKA Business Center. Moreover, the company opens a branch in Ploiesti and plans to increase the number of employees by the end of 2015.

Austrian group extends leases for 11,000 sqm in Iride Business Park in Bucharest

Austrian Immofinanz Group, the largest owner of office space in Bucharest, has closed new deals and extended existing agreements for 11,000 sqm area in Iride Business Park.

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