Leasing activity in the Bucharest office market in the first half of 2024 saw new demand rise by 7 percent year-on-year, reaching 64,000 square meters, while total demand slightly decreased to 160,000 square meters, according to Colliers’ report on real […]
TeraPlast Group has closed in advance, after just one day, the second phase of the share capital increase due to high investor’s demand who have purchased the entirety of the over 31 million shares which remained unsubscribed after the first […]
The shareholders of J.T. Grup Oil, one of the most important private companies on the fuel distribution market and the only shareholder of JT Terminal, approved during the Ordinary General Meeting of Shareholders on September 12, the distribution of 3,149,550 […]
The Society for the Administration of Energy Participations – SAPE SA obtained funding from the National Recovery and Resilience Plan (PNRR) for one of its most important projects, regarding energy storage using green hydrogen. Thus, for the project “Green hydrogen […]
CPI Romania, part of CPI Property Group, signed this year lease agreements totaling 41,500 sqm, adding multinational companies to its local office portfolio and maintaining its average occupancy rate of retail projects at 98 percent as a result of investments […]
Parapet, a provider of EPC solutions in the renewable sector, completed in August the first repowering project for a photovoltaic power plant in Romania, Solar Electric Frăsinet, owned by the Austrian Kraftfeld Group. Located in the southern part of the […]
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has appointed Jovan Radosavljevic as its new Managing Director for Romania. He will oversee CTP’s continued expansion in Romania, the second largest […]
PeliPartners assisted the sellers (Bogdan Idu and companies in his group), in the sale of their entire participation in Octogon Gas & Logistics, the company operating the largest LPG maritime terminal in Romania. The transaction, completed on 4 September 2024, […]
Schneider Electric, the leader in the digital transformation of energy management and automation, has today announced it has appointed Hanne Sjøberg as its new Vice President, Channels, Secure Power division, Europe, and will lead the continued growth of its channel […]
The net office take-up in Bucharest across Q2 exceeded the renewal and renegotiation transactional volume for the first time during the last two years, with a positive impact on the average vacancy rate, given that no new office projects were […]
