IN THE SPOTLIGHT

With an investment of 40 million euros, Continental opens a megafactory in Timisoara 770 512 ROMANIA PROPERTY CLUB

With an investment of 40 million euros, Continental opens a megafactory in Timisoara

11.11.2022 Timisoara Continental has completed the construction of the third expansion of the electronic components factory in Timișoara, with an investment of approximately 40 million euros. With the new investment, the production area will increase…

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CERTION completes VOGH Olimp project, less than two years after the works started 1536 864 ROMANIA PROPERTY CLUB

CERTION completes VOGH Olimp project, less than two years after the works started

08.11.2022 Constanta 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…

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E.ON Business Services Cluj moves its headquarters to Record Park after one of the largest rental transactions outside Bucharest 770 584 ROMANIA PROPERTY CLUB

E.ON Business Services Cluj moves its headquarters to Record Park after one of the largest rental transactions outside Bucharest

03.11.2022 Cluj-Napoca E.ON Business Services Cluj, the accounting services division of the German group E.ON, moves its offices to the Record Park project in Cluj-Napoca, where it has leased 3,500 square meters, one of the…

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Top cities that attracted the most office tenants in the third quarter of 2022 420 250 ROMANIA PROPERTY CLUB

Top cities that attracted the most office tenants in the third quarter of 2022

03.11.2022 Cluj-Napoca Across the country, in the last three months, companies have leased modern offices with a total area of 108,747 sqm, both new offices and contract extensions, up 9% from the same quarter of…

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German company Infineon Technologies AG opened an R&D center in IULIUS Group’s Palas Iasi complex 420 250 ROMANIA PROPERTY CLUB

German company Infineon Technologies AG opened an R&D center in IULIUS Group’s Palas Iasi complex

12.10.2022 Iasi German semiconductor manufacturer Infineon Technologies AG is growing its presence in Romania by opening an office in Iași, located in the Palas mixed-use complex, an investment by IULIUS Group. The new research and…

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AFI Europe aims to achieve zero carbon emissions for all its projects by 2025 420 250 ROMANIA PROPERTY CLUB

AFI Europe aims to achieve zero carbon emissions for all its projects by 2025

06.10.2022 Sustainovation AFI Europe announces a series of plans aimed at achieving ambitious sustainability targets for all its projects, a significant reduction of carbon emissions, the well-being and safety of their occupants, as well as…

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Iulius Town Timisoara reaches 80,000 sqm of premium office space 420 250 ROMANIA PROPERTY CLUB

Iulius Town Timisoara reaches 80,000 sqm of premium office space

04.10.2022 Timisoara The fourth office building in the Iulius Town Timișoara complex is operational and consolidates the regional business hub in the urban regeneration mixed-use project to a total leasable area of 80,000 sqm and…

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IULIUS obtains the largest real estate loan granted in Romania to date: more than EUR 410 million 810 600 ROMANIA PROPERTY CLUB

IULIUS obtains the largest real estate loan granted in Romania to date: more than EUR 410 million

29.09.2022 Cluj-Napoca IULIUS Company together with partners Atterbury Europe, recently signed a 410 million Euro financing agreement for the nationwide network of Iulius Mall regional shopping centers in Iași, Cluj-Napoca, Suceava and Timișoara. The loan…

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Radisson Blu Aurum Hotel opens in Brasov in October, after an investment of EUR 16.3 million 420 250 ROMANIA PROPERTY CLUB

Radisson Blu Aurum Hotel opens in Brasov in October, after an investment of EUR 16.3 million

27.09.2022 Brasov After 34 months of work that involved a team of 250-400 people monthly, Radisson Blu Aurum Hotel opens its doors in Brașov on October 16. The total investment amounts to 16.3 million euros,…

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VGP’S Half Year Results 2022 420 250 ROMANIA PROPERTY CLUB

VGP’S Half Year Results 2022

07.09.2022 Brasov Timisoara VGP NV, a European provider of high-quality logistics and semi-industrial real estate, recently, announced the results for half-year ended 30 June 2022. VGP reports an increased operational yield with a net profit…

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IMPACT Developer & Contractor has increased its sales with 45% in the first semester of 2022 420 250 ROMANIA PROPERTY CLUB

IMPACT Developer & Contractor has increased its sales with 45% in the first semester of 2022

30.08.2022 Iasi IMPACT Developer & Contractor, the first real estate developer listed on the Bucharest Stock Exchange (stock symbol IMP), closes the first semester of 2022 with a 45% sales increase and a 64% gross…

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SPEEDWELL obtained the building permit for the second residential building in PALTIM, the mixed-use ensemble in Timisoara 420 250 ROMANIA PROPERTY CLUB

SPEEDWELL obtained the building permit for the second residential building in PALTIM, the mixed-use ensemble in Timisoara

SPEEDWELL announced having recently obtained the building permit for the second residential building of the PALTIM mixed-use project developed in Timisoara.

After starting construction works for the first phase of PALTIM, which includes 123 apartments, SPEEDWELL has received the building permit for the second residential building of this project. This milestone marks the third successfully obtained permit, in addition to the one granted for the rehabilitation works on the historical monument villa.

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