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These new flats already come with an application!

Kassák Residence, a residential complex in Hungary, awaits its residents with a pioneering community mobile application, here the apartments also come with plenty of community services, of which this application is a part.

Globalworth appoints Marian V. Popa as Managing Director for Romania

Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces the appointment of Marian V. Popa as Managing Director for Romania with effect from 1st March 2021. As Managing Director, Marian V. Popa will be responsible for managing the company’s activities in Romania, focusing on operational, administration and business development matters, and will report to Dimitris Raptis, CEO of Globalworth Group.

Real estate agencies traded over 650,000 sq m of storage space in 2020

Real estate agencies traded over 650,000 sq m of storage space over the past year, all over Romania. The vast majority of contracts were for new agreements, a positive aspect for a rather atypical year from a commercial point of view, according to a Dunwell analysis.

P3 to sell the land in Dragomirești Vale, WDP interested

The company P3, the third largest warehouse owner in Romania, intends to sell, with over 6 million euros, the land of about 16 hectares bought in Dragomirești Vale to build a logistics park of 80,000 square meters, according to sources from the real estate market cited by Profit.ro.

M&A activity recorded significant levels in 2020, despite the unprecedented general context

The Romanian mergers and acquisitions (M&A) market recorded91 transactions in 2020, compared to 110, in 2019. According to Deloitte estimations, the total market value, including the transactions with undisclosed values, was of 3.7-4.3 billion euros in 2020 (compared to 4-4.4 billion euros in 2019), while transactions with disclosed value totalled 1.5 billion euros (compared to 1.7 billion euros in 2019).

Selgros rented a 10,000 sqm refrigerated platform in ACT Cold Storage, near Bucharest

Selgros Cash & Carry Romania, one of the most important players on the Romanian retail market, recently opened, in Chiajna, on the Bucharest Belt, a 10,000 sq m logistics platform, through which it will supply its stores with all the products that have need controlled temperature storage.

Dimitris Raptis is appointed Chief Executive Officer of Globalworth Group

Globalworth, the leading office investor in Central and Eastern Europe (CEE), announces that Dimitris Raptis is appointed sole CEO of the Group. Ioannis Papalekas is stepping down as CEO of the company effective 15th of December 2020.

Fildas leases 3,800 square meters in VGP Park Brașov for a regional distribution center

The pharmaceutical company Fildas recently leased a warehouse with an area of 3,400 square meters and 400 square meters of offices for their regional distribution operations in Brasov, in the project that will be developed by VGP in the western part of the city. The transaction was intermediated by the real estate consulting company Cushman & Wakefield Echinox.
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