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Christian Traunfellner, Immofinanz
There is an increasing need for high-quality office properties»
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REAL ESTATE

AFI Europe Romania posts 13.6 million Euro net operating income, up 12 per cent in Q1 2018

2018-05-18 12:05:19
AFI Europe Romania published its financial results; The Net Operating Income from its income producing assets in Romania reached 13.6 million Euro during Q1 2018, representing 12 per cent high

REAL ESTATE

Portland Trust sells Oregon Park to Lion's Head Investments

2018-05-15 13:33:34
Lion's Head Investments makes its first steps into the Romanian real-estate market and announces the acquisition of Portland Trust's and Ares Management's Oregon Park project, which consists of ...

REAL ESTATE

JLL secures 11 million Euro for refinancing of Lascar 31 Business Center Bucharest

2018-05-15 13:20:42
JLL has successfully secured 11 million Euro to refinance the Lascar 31 Business Center Bucharest on behalf of the manager of the project, ForeVest Capital Partners. Intesa Sanpaolo Bank Romania...

REAL ESTATE

Skanska sells first office building in Campus 6 Bucharest to CA Immo

2018-05-07 11:01:51
CA Immo has acquired Campus 6.1 office building in Bucharest from Skanska. The transaction volume is 53 million Euro. The closing of the transaction is subject to the conditions usual for such t...

1 Comment

REAL ESTATE

Companies leased 38,000 sqm of office space in the first quarter, says Colliers

2018-04-30 12:15:23
The office market in Bucharest recorded a new net take-up of up to 38,000 sqm in the first quarter of this year. According to Colliers International, demand has come from the energy / industrial...

1 Comment

REAL ESTATE

Iulius to begin the construction works for the fourth office building in Openville Timisoara

2018-04-30 09:26:32
The Iulius Company commences the construction works for the fourth office building of the total six to be included in the Openville Timisoara mixed-use development.

REAL ESTATE

Coldea Constructii to expand on the Romanian real estate market

2018-04-27 11:33:35
Coldea Constructii announces its plans to expand on the Romanian real estate market and focuses on innovation and digitalization.

1 Comment

REAL ESTATE

Oasis Development brings new tenants for Prima Shops Oradea

2018-04-24 11:35:29
Oasis Development, one of the most active retail developers in Romania, welcomes new international and local brands within Prima Shops, the company's retail park & strip mall concept in Oradea....

REAL ESTATE

Office spaces are being adapted to millennials' requirements, says Colliers

2018-04-20 11:04:31
One third of Central and Eastern European professionals (CEE) - Poland, the Czech Republic, Slovakia, Hungary, Romania, Bulgaria - believe their workplace will change over the next 2-3 years, ac...

REAL ESTATE

Bucharest reached over one million employees this year, says C&W Echinox

2018-04-19 14:37:20
The number of employees in Class A and B office buildings in Bucharest reached around 250,000 at the end of last year, while the total number of employees in the Capital exceeded the threshold o...

REAL ESTATE

AFI City residential project certified as a Green Home

2018-04-18 10:59:41
AFI Europe Romania enters ROGBC's Pre-Certification phase as Green Project with AFI City's first two residential buildings developed by the company in Bucharest.

REAL ESTATE

Vox Vertical Village to be delivered in Timisoara at the end of 2019

2018-04-18 10:53:45
Vox Vertical Village represents the first "vertical village" concept on the local real estate market and will reunite 120 houses in a building with ten levels. Over a third of the constructed ar...

REAL ESTATE

CTP started the construction works in CTPark Cluj II

2018-04-17 13:47:17
CTP started the construction works for CTPark Cluj II, a new logistics park located near Cluj-Napoca, in Floresti. The property will comprise a total leasable area of 30,000 sqm and will be fina...

REAL ESTATE

Porsche Engineering Romania leases 3,500 square meters of office space in Cluj-Napoca

2018-04-17 12:31:02
The software developer for the automotive industry Porsche Engineering Romania, the local subsidiary of Porsche Engineering Group GmbH, leased 3,500 square meters of modern office space in Vivid...

REAL ESTATE

Pernod Ricard Romania leases 600 sqm of office space in Unirii View

2018-04-16 11:02:12
Pernod Ricard Romania, one of the most important distilled beverages importers in Romania, leased 600 square meters of office space in Unirii View, the tallest modern office building in downtown...

REAL ESTATE

Bucharest office market: 30 percent of the demand came from the companies that moved into modern projects

2018-04-12 14:09:38
Companies have rented in the first quarter almost 70,000 square meters of office space in Bucharest, one third of the demand came from companies that formerly had its headquarters in old, small ...

REAL ESTATE

Companies return back into the city, says real estate research

2018-04-11 13:54:02
When choosing where to relocate offices that companies are occupying, new emerging areas, closer to city center gain relevance. According to a development assessment qualitative report elaborate...

REAL ESTATE

Vastint leases 1,700 sqm at Timpuri Noi Square to Zitec

2018-04-04 11:28:22
Vastint Romania has leased 1,700 sqm of office space to Zitec, in the mixed-use development project at Timpuri Noi Square in Bucharest.

REAL ESTATE

Conadi: One opportunity for the residential market is to deliver high-quality projects adapted to buyers' needs

2018-04-04 09:59:10
Romania's residential market has started to recover, coming closer to normality and likely to achieve its maturity soon, according to Daniela Barbu, Marketing Communications Specialist at Conadi...

1 Comment

REAL ESTATE

Great potential comes with big challenges

2018-04-04 09:53:10
The residential market in Romania registered new record investments in 2017, one of its best years so far - and analysts said the trend will continue for sure this year.

1 Comment

REAL ESTATE

ESOP: We expect that the green building trend further grows

2018-04-04 09:50:54
The Romanian market is one of the most dynamic in the region due to the accelerated development in IT&C, BPO, shared services industries, and to the expansion of research & development centres t...

REAL ESTATE

Crosspoint: Currently, there is a relatively small number of green office buildings throughout Romania

2018-04-04 09:48:46
2017 has been a good year for the office market all throughout the CEE region: low vacancy rates (Bucharest - nine per cent, Warsaw - 14 per cent, Budapest - 9.2 per cent, Prague - 10.3 per cent...

REAL ESTATE

Globalworth: The number of green accredited buildings continues to grow every year

2018-04-03 16:58:50
Romania today is one of the few economies in Europe that had a consistent expansion over the past six years, outpacing EU average growth, Dimitris Raptis, deputy CEO and Chief Investment Officer...

1 Comment

REAL ESTATE

JLL Romania: 80 per cent of buildings under construction built according to international green standards

2018-04-03 11:02:53
Stability and sustainability are the words that can describe the Romanian office market in 2017, according to Madalina Marinescu, Office Department consultant JLL Romania.

REAL ESTATE

CW Echinox: Green certifications now a standard on the Romanian real estate market

2018-04-03 11:00:32
2017 was a well-performing year for Bucharest's office market, with many new occupiers and expansions, and the delivered projects were rapidly absorbed, leading to a significant decrease of the ...

REAL ESTATE

Iulius Mall: 2017 a good year both for office premises delivery and office demand from companies planning to expand

2018-04-03 10:53:16
Compared to the other countries in the region, Romania still has some catching up to do in terms of high quality office spaces that measure up to European standards, Laurentiu Manea, Manager Off...

REAL ESTATE

Immofinanz: Constant, visible shift towards energy efficiency on the local office sector

2018-04-02 13:09:24
Romania's strong economic growth in 2017 placed the country in a leading position in the CEE region and the trend is expected be sustainable over the next years, Christian Traunfellner, Head of ...

1 Comment

REAL ESTATE

AFI Europe Romania: Romanian office market was exceptionally successful in 2017

2018-04-02 13:02:59
The Romanian office market in 2017 was exceptionally successful, fuelled mainly by increased expansions and new entries in the IT&C, BPO sectors, as Tal Roma, Business Development Manager AFI Eu...

REAL ESTATE

UniCredit announces updates in the Mobile Banking application

2018-03-30 11:19:07
UniCredit Bank launches new facilities in the up-to-date version of its Mobile Banking application to provide customers with a simpler and faster user experience.

2 Comments

REAL ESTATE

Alesonor invests 100 million Euro in first green suburb in Romania

2018-03-28 16:49:09
Alesonor, a luxury real estate developer owned by Greek investors, plans to develop the first green suburb in Romania, in Bucharest's northern area, with an investment of about 100 million Euro....

REAL ESTATE

Skanska Property Romania appoints Raluca Stanislav as the new Business Development Manager

2018-03-27 14:14:48
Skanska Property Romania, the local division of one of the world's largest real estate developers, announces a new member in the company's management.

1 Comment

REAL ESTATE

CTP to get 96 million Euro loan from EBRD and ING Romania

2018-03-26 16:57:32
The European Bank for Reconstruction and Development (EBRD) and ING Romania will provide a 96 million Euro financing to logistics park developer CTP.

1 Comment

REAL ESTATE

AFI Europe Romania's CEO David Hay resigns

2018-03-23 14:09:41
AFI Europe Romania announced a top management change. David Hay the CEO of the company for the last seven years announced his resignation and his intention to continue his professional path apar...

REAL ESTATE

Deliveries of retail space to reach 200,000 sqm in 2018 outside Bucharest

2018-03-21 15:47:50
Deliveries of retail spaces will reach the level of 200,000 square meters, new projects and extensions being scheduled in ten medium and large cities in the country, while in Bucharest no schedu...

REAL ESTATE

AFI Europe Romania increased its net operating income by ten per cent to over 51 million Euro during 2017

2018-03-13 15:38:03
AFI Europe Romania published its financial results. The Net Operating Income (NOI) from its income producing assets in Romania reached to over 51 million Euro in 2017, representing 10.1 per cent...

REAL ESTATE

Red Bull Romania establishes its local office in Unirii View

2018-03-05 11:05:39
Red Bull Romania leased 600 square meters of office space in Unirii View and will establish its local office in the tallest modern office building in downtown Bucharest.

REAL ESTATE

Two new tenants in AFI Tech Park leasing additional 1,000 sqm

2018-03-01 17:21:12
AFI Europe Romania announces two new lease agreements for AFI Tech Park, the new business park the company is currently developing in Bucharest.

REAL ESTATE

Arcadia Apartments Domenii enters the second phase of development with 225 new apartments

2018-02-26 16:08:39
Arcadia Apartments Domenii, the first large-scale residential complex in the Domenii area of Bucharest is now entering the second stage of development. This involves the construction of two 2S+P...

REAL ESTATE

Hagag Development Europe launches H Pipera Lake residential project in Bucharest

2018-02-26 13:40:52
Real estate developer Hagag Development Europe invests over 90 million Euro in its first project in Bucharest. Located on the shores of Lake Pipera, H Pipera Lake is the largest residential proj...

REAL ESTATE

Globalworth to develop two new office buildings in northern Bucharest

2018-02-26 13:12:43
Globalworth announces the acquisition of two land plots in the northern area of Bucharest and the preparation for the start of the construction works for two new office buildings.

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