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Articles

Romania exceeds the threshold of 250 green buildings

Over 250 buildings and real estate projects from Romania were certified as ‘green buildings’ after one of the international sustainable schemes, BREEAM, LEED, EDGE and WELL, according to BuildGreen data, the leading consultant in the field of sustainable building design, development and certification in Romania.

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Belgian developer WDP is building a 10,000 sqm warehouse for Decathlon

WDP, developer of logistics and industrial spaces with Belgian capital, plans to develop 10,000 sqm of warehouse spacenear Bucharest, in Ştefăneştii de Jos (Ilfov county) for sports retailer Decathlon.

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Czech investor becomes CPI PROPERTY GROUP Globalworth’s largest shareholder

CPI PROPERTY GROUP purchased 3,680,494 shares in Globalworth Real Estate Investments Limited through a broker.

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GIC scales up P3 logistics platform through acquisition of Maximus portfolio for about €950 million

GIC, Singapore’s sovereign wealth fund, has signed an agreement to acquire a pan-European logistics real estate portfolio (“Maximus”) from funds managed by affiliates of Apollo Global Management, a leading global alternative investment manager, for a net consideration of approx. €950 million.

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The property investment volume will surpass the €1.1 billion mark in 2020

The real estate investments volume will exceed 1.1 billion euros this year, transactions over 700 million euros being already signed or in due diligence process.

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MASTERBUILD completes the modernization works of the logistics warehouse Ravago Bucharest

As a designer and general contractor, MASTERBUILD completes the modernization of the Ravago warehouse in Bucharest, located on Soseaua Odaii.

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Premiere on the local real estate market: the largest network of office spaces available to real estate agents

Freedom Group, a company founded by the entrepreneur Octavian Bădescu, launches a network of office spaces for real estate agents, in partnership with four major operators in the coworking industry.

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The office, retail and industrial deliveries in Romania surpass the 1 million square meter threshold in 2019, pushing the total stock to 12 million square meters

The real estate developers completed in 2019 new industrial, retail and office space deliveries with a total cumulative area of more than 1 million square meters, with the office and industrial sectors being the most active ones, according to a study realized by Cushman & Wakefield Echinox real estate consulting company.

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