IN THE SPOTLIGHT

Global real estate advisor, CBRE, has advised CA Immo on the sale of its Romanian office platform to Pavăl Holding. The portfolio is comprised of seven high-quality office properties located in Bucharest, as well as…

THETA Furniture & More has finalized in November 2022 implementing the interior design services for the new BCR (Banca Comerciala Romana – Romanian Commercial Bank) unit in Cluj-Napoca. BCR has moved its County Branch from…

The real estate developer CERTION announces the completion of VOGH project, the first brand residences operated as a hotel in Olimp, less than two years after the start of the works. Thus, the company is…

Globalworth announced the appointment of Dennis Selinas as the new CEO of the Group. The Board of the company and Dimitris Raptis, the current CEO, have agreed for Mr Raptis to step down from his…

This autumn, BIMTECH will host the most important annual BIM Conference, BIMcon SUMMIT 2022.  For the 4th year in a row, the organizers are bringing experts which are up to date with the latest developments and…

Over 150 real estate managers, investors and entrepreneurs gathered last week at Novotel to discuss the main challenges and opportunities at BREC RESIDENTIAL CONFERENCE: The Future of Quality Living. The economic impact of blocking the…

Bucharest’s contribution to the total national GDP decreased by 2.4 percentage points from 2019 to 2021, the estimated losses for tax revenues being 17.2 billion lei (3.45 billion euros) until 2026. Those are the main…

Globalworth has completed in September 2022 the fit-out project for its tenant, WIPRO, after several months of work. Globalworth Square is now the most technologically advanced building in the landlord’s portfolio. This office building obtained the BREEAM…

Skanska leased at the beginning of September 2022 a total 5,100 sqm office spaces to DBH Group, to serve as flex office space. The long-term partnership includes 1,800 sqm in the Equilibrium 1 building in…

IMPACT Developer & Contractor issued a maximum of 125,000,000 shares in August 2022. The raised capital will support the company’s development strategy, which includes current projects with a gross development value of 1.3 billion EUR. …

Romanian industrial and logistic developer, Element Industrial, and Slovakian sustainable energy solutions provider, TESLA Group, have signed at the end of August 2022 a long-term partnership in which TESLA will produce and operate photovoltaic energy…

Fortim Trusted Advisors, an alliance member of the BNP Paribas Real Estate, recruits Ștefan Oană, former Country Manager of Bluehouse, as Head of Capital Markets.  Ștefan Oană, the new Head of Capital Markets, has a…