IN THE SPOTLIGHT

VGP welcomes DHL Express at its Bucharest North Park 1067 600 BUCHAREST REAL ESTATE CLUB

VGP welcomes DHL Express at its Bucharest North Park

DHL Express will open a new logistics center, with an area of 4,109 sqm, in VGP Park Bucharest North, located north of Bucharest, in Ștefănești.

River Development welcomes Infinity Cloud Technologies in Sema Parc 800 600 BUCHAREST REAL ESTATE CLUB

River Development welcomes Infinity Cloud Technologies in Sema Parc

The local real estate developer & investor River Development announces the lease of a 1,200 sqm space to the worldwide leading player in the data center industry – Infinity Cloud Technologies, on the ground floor of the Paris Office Building, in Sema Parc. The transaction was brokered by iO Partners.

ESG: HILS Development launches educational initiative together with Destiny Park 900 600 BUCHAREST REAL ESTATE CLUB

ESG: HILS Development launches educational initiative together with Destiny Park

HILS Development complements the game-based learning universe of Destiny Park with “The future built by children”, an experience that simulates the development of a residential project where children can discover crafts such as a builder, bricklayer or crane worker.

H Știrbei Palace to place Romania on the international map of luxury shopping destinations 1067 600 BUCHAREST REAL ESTATE CLUB

H Știrbei Palace to place Romania on the international map of luxury shopping destinations

Real estate investor-developer Hagag Development Europe and consultancy company CBRE Romania have recently signed an exclusive agreement regarding the leasing strategy for H Știrbei Palace, Bucharest’s newest luxury destination.

America House Office Building Welcomes VSR Canada and Ebury as New Tenants 900 600 BUCHAREST REAL ESTATE CLUB

America House Office Building Welcomes VSR Canada and Ebury as New Tenants

America House announced the addition of two multinational financial services companies, VSR and Ebury, to its tenant mix. These multinational companies, known for their expertise in the financial services sector, have leased a combined 1,500 sqm of Class A office space, further enhancing America House’s vibrant business community.

Rustler finalizes the sale of a historic villa 1200 594 BUCHAREST REAL ESTATE CLUB

Rustler finalizes the sale of a historic villa

Rustler Properties successfully finalizes the sale of a historic property downtown Bucharest. This villa stands out for its architectural style, authenticity and historical value, as original elements were preserved during the renovations at the time of the building’s restoration.

BREC Partner Event: reConstruct 2024 1143 600 BUCHAREST REAL ESTATE CLUB

BREC Partner Event: reConstruct 2024

This year’s edition of reConstruct to take place Thursday, 6th of June, will focus on the trends in the market, on the efforts of the players to respond to the demand and to anticipate the trends in terms of construction, innovation, furnishing, both in homes, but also in the spaces where we work, shop and we try to spend our free time.

DP World Romania opens a new branch at One Cotroceni Park 812 600 BUCHAREST REAL ESTATE CLUB

DP World Romania opens a new branch at One Cotroceni Park

One United Properties announces that DP World Romania, a global leader in logistics and supply chain solutions, is expanding its business operations within Romania and is opening an office at One Cotroceni Park. The new lease agreement followed an efficient real estate process led by CBRE Romania and spans a term of 10 years, covering a surface area of 700 sqm.

Redport Capital announces new 13 million EUR investment 1133 600 BUCHAREST REAL ESTATE CLUB

Redport Capital announces new 13 million EUR investment

Redport Capital announces construction start for the third phase of The Level project: adding another 105 apartments to this modern residential neighborhood.

REIT legal initiative submitted in the Romanian Parliament 900 600 BUCHAREST REAL ESTATE CLUB

REIT legal initiative submitted in the Romanian Parliament

Following the joint initiative of Bucharest Real Estate Club – the main industry’s association – and Bucharest Stock Exchange to promote the regulation of Real Estate Investments Trusts (REIT) on the Romanian market, the legal initiative was submitted in the Parliament earlier this month.

River Development has a new Managing Partner 900 600 BUCHAREST REAL ESTATE CLUB

River Development has a new Managing Partner

One of the local real estate developers, has a new Managing Partner, in the person of Oana Rădulea. Oana takes over the executive management of River Development from the former Executive Director, Liviu Birău.

InteRo Property Development starts +EUR 170 million investments this year in Northern Bucharest 900 600 BUCHAREST REAL ESTATE CLUB

InteRo Property Development starts +EUR 170 million investments this year in Northern Bucharest

InteRo Property Development has received the building permit for Pajurei 3 Residence, with construction works to begin in the following weeks. The developer also expects to receive the building permit for SunLight Residence, a residential project in Tunari area, in the following months.

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