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Articles - mixed-use

Major Mixed-Use Development with Offices and Retail Approved Behind AFI Cotroceni, Bucharest

AFI Europe, an Israeli-based developer, has received local planning approval for a significant mixed-use project located strategically behind the popular AFI Cotroceni mall in Bucharest. The ambitious development is set to include modern office spaces, retail units, and residential components.

€400 million financing to transform former Carbochim industrial site into Rivus mixed-use development in Cluj

Iulius Group, owned by Romanian entrepreneur Iulian Dascălu in partnership with South African investment firm Atterbury Europe, has secured over €400 million in financing from a banking consortium backed by the European Bank for Reconstruction and Development (EBRD). The funds will support the transformation of the former Carbochim industrial platform in Cluj-Napoca into a landmark mixed-use real estate project named Rivus.

Iulius invests 80 million euros in the redevelopment of the Palas Iaşi mixed-use complex

Iulius company has started a project to redevelop the Palas Iași mixed-use complex, with an investment estimated at 80 million euros, based on a concept created by the renowned architecture firm Foster + Partners.

Speedwell to develop 23,000 sqm of of offices within the mixed-use Queens District project this year in Bucharestt

The Belgian developer Speedwell will launch the mixed-use Queens District project this year in the Pipera/Barbu Văcărescu area, where it will deliver a total of 23,000 sqm of office space. Meanwhile, in Timișoara, the company is working on Paltim Offices, which will provide 15,000 sqm of modern office space.

Local Council greenlights EUR 0.5 bln large-scale urban reconversion project in Cluj-Napoca

The Zonal Urban Plan for the conversion of the former Carbochim industrial platform and the restructuring of the 1 Mai Square area was recently approved by the Cluj-Napoca Local Council. The investment of the IULIUS & Atterbury Europe companies, estimated at over half a billion euros, represents an effort to capitalize on an industrial area and transform it into a pole of urban attractiveness with multiple functions - the largest retail area in Romania (120,000 rentable square meters) , office, culture and new entertainment concepts – , whose anchor will be a large urban garden with access to the Someș river.

Tomcat Hospitality leases a 3,600 sqm retail space at One Gallery, a historic building restored by One United Properties

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the lease of a retail space with a gross leasable area of 3,600 sqm on the ground floor of One Gallery building, including terraces and storage spaces.

One United Properties acquires 5 hectares of land for a new mixed-use development, One Cotroceni Towers

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, announces acquisition of a 44,863 sqm plot of land located at Soseaua Progresului 56-80, in district 5, Bucharest. One Cotroceni Towers will be developed on this plot, a new mixed-use development that will feature the highest residential towers in Bucharest, after the landmark success of the development of One Cotroceni Park.

White Star Real Estate partnering with Griffes for leasing and marketing operations of Liberty Technology Park in Cluj-Napoca

Apart from the residential phase, that is already under construction and will totalize 268 residential units to be delivered in 2023, White Star Real Estate is planning to launch the next phases of the development, that will imply a total investment of 75mil. Eur. The projects will be erected on available land of 20,000 square meters and will include 32,000 square meters of office space within three buildings, a kindergarten and 5,000 square meters of commercial facilities.

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