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Tag Archives: real estate developer

CTPark Bucharest gets a joint financing of EUR 96 M to turn green

The European Bank for Reconstruction and Development (EBRD) and ING Romania grant a package of EUR 96 million for CTPark logistics park, situated on the A1 Bucharest-Pitesti motorway. According to a press release, EBRD is providing EUR 43.8 million and ...

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Hagag bought the former Petrom HQ and plans investments of EUR 70 M this year

Real estate developer Hagag Development Europe, part of Hagag Group from Israel, consolidates its position on the Romanian market, enriching its properties portfolio by adding two properties, a press release informs. The developer is planning investments worth up to EUR ...

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AFI Europe Romania starts leasing campaign for AFI Park Brasov

After less than two months since setting the cornerstone of the AFI Brasov project, real estate developer AFI Europe Romania announces the start of the leasing campaign in the AFI Park Brasov Class A office project. The company is already ...

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Portland Trust’s Oregon Park, almost 80 pc leased in phase 1

The British real estate developer Portland Trust is approaching 80 percent occupancy of Oregon Park buildings A and B, which consists the first phase of the project’s development, a press release informs. The two buildings have a combined surface of ...

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Japan’s ROKI to enter Romanian market, opening auto filters factory in Arad

Tokyo-based auto filters manufacturer ROKI has leased for five years a 5,500 square-meter unit in the CTPark Arad (Western Romania), with extension options, according to a press release. The space will include logistics and offices and social areas. This project ...

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GTC sold its last shopping center in Romania

Real estate developer Globe Trade Centre (GTC), whose majority shareholder is US giant Lone Star, completed the sale of its last shopping center owned in Romania, Galleria Arad, for EUR 2.1 million, according to company’s report. GTC was hit hard ...

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Profi rents almost 5,000 sqm at CTPark Bucharest West

Profi discount supermarket rented 4,900 square meters at CTPark Bucharest West, former Mercury Business Park, recently bought by CTP real estate developer. The park is located 23 kilometers away from the Capital’s uptown, having direct access to A1 highway, up ...

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2016 long-expected mall, ParkLake will create 2,000 new jobs

ParkLake, a Sonae Sierra and Caelum Development joint venture project, located in District 3 of Bucharest, is one step closer to the opening scheduled in 2016. The EUR 180 million investment will generate around 2,000 jobs after inauguration, the real ...

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