Real estate

Business Forum   |   12 February, 2025 at 8:46 AM

InteRo sells €16 million in bonds for Bucharest resi development

InteRo Property Development has announced a €16 million bond issuance to support the development of a Bucharest-based residential complex. The financing was secured through CVI, an independent asset manager overseeing nearly €900 million across eight funds. 

Business Forum   |   11 February, 2025 at 5:41 PM

Speedwell Development names new Leasing Director

Speedwell Development has appointed Maria Jianu as its new Leasing Director, tasked with growing the tenant portfolio and strengthening strategic partnerships for projects such as Queens District, SpacePlus and Paltim.

Business Forum   |   11 February, 2025 at 9:20 AM

Romania's industrial pipeline exceeds 200,000 sqm in 2025

Romania's industrial and logistics sector saw a 27% rise in new supply in 2024, with 572,000 sqm of new spaces completed. The total stock now stands at almost 7.6 million sqm, and over 200,000 sqm are currently under development. according to research by Cushman & Wakefield Exhinox.

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Real estate

Holcim completes purchase of Xella walling business

Holcim has completed the acquisition of Xella, a European walling business with projected 2026 net sales of €1 billion. The acquisition expands Holcim's building solutions portfolio with brands for both new build and the energy-efficient repair and refurbishment market.