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Articles - new office developments

DTZ: Bucharest boasts biggest CEE pre-lease transactions in H1

Bucharest saw two of the biggest pre-lease transactions of office space in the first six months of the year in the Central and Eastern European region, according to a DTZ report, quoted by Mediafax.

Dascălu develops a new office building on 15,000 sq. m near Palas Iaşi

Businessman Iulian Dascălu, the owner of the commercial centers network Iulius Mall and of the mixed-use project Palas in Iaşi, started this month in Iaşi the construction works for a new office building with a rentable area of 15,000 sq. m, scheduled for completion in the end of next year.

New financial centre in Warsaw

The investor Centrum Bankowo-Finansowe Nowy Świat is preparing a pair of neighboring buildings in the heart of Warsaw in a scheme it claims will become a top location for the city’s financial sector.

IKEA real estate division changes name

Inter IKEA Property Division has announced the changing of the name of its nine companies, to be reunited under the name of Vastint. In Romania, the real estate division of IKEA was previously called Interprime Properties.

Construction progress of Bucharest One, second tallest building in Bucharest

Bucharest One, the office tower which will be upon its completion the second tallest building in Bucharest raised its head of ground near Pipera passage in the north of the city, after the construction works started this spring.

Anchor Grup plans to resume works on Metropol office project

Real estate developer Anchor Grup, part of Turkish Fiba Holding, is in the process of selecting a contractor and could resume works on the 35,000 sqm Metropol office project in western Bucharest this autumn.

AFI Europe to get EUR 32 million loan from BCR to finance office buildings

BCR lends EUR 32 million to AFI Europe for the completion of the office buildings AFI Park 2 and AFI Park 3. The financing includes EUR 17 million investments loan for AFI Park 2 and a development loan of EUR 15 million for AFI Park 3.

Smaller projects of a big investor

The company Globalworth, controlled by the Greek businessman Ioannis Papalekas, also includes in its portfolio smaller projects, apart the plans of several large office buildings, two of them being part of the brand Development 1.

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