IN THE SPOTLIGHT

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…

Iulius Group inaugurated Family Market Miroslava, its first local retail project, launched in response to the needs of expanding communities in the metropolitan area of Iasi. Family Market was realized in partnership with Miroslava City…

UNTOLD, one of the largest music festivals in the world, and Globalworth, the CEE office market leader, signed a long-term strategic partnership. One of the partnership’s components concerns the motivation and well-being of all the…

THETA Furniture & More, one of the most significant Romanian integrators of interior design solutions, officially opened the doors of the new custom-made furniture production factory, in Păulești, Prahova County. The investment in the production…

Rising costs for construction materials over the past year, massive delays in project implementation due to Covid-19 restrictions and the Russian-Ukrainian conflict, galloping inflation and permitting freeze represent some of the main elements conducting to…

Four world acclaimed architecture firms are participating in the specialty competition with guests launched by IULIUS in Iași for the purpose of building an architectural landmark for the city. The solutions will be proposed by…

Following a year’s worth of upgrading the office projects within the portfolio of approximately 300,000 sqm GLA in Romania, AFI Europe Romania is now announcing the completion of the refurbishment of all public areas within…