Real estate | 21 April, 2026 at 5:45 PM
PPF Real Estate on track to deliver new Bucharest office this year
PPF Real Estate has completed the top floor of ARC Office Experience, its €70 million project in Bucharest.
PPF Real Estate has completed the top floor of ARC Office Experience, its €70 million project in Bucharest.
Office development activity in Bucharest accelerated over the past year, with the volume of projects currently under construction exceeding 200,000 sqm of gross leasable area, the highest level since 2021. At least eight new office buildings are expected to be delivered by the end of 2028, according to a report by Cushman & Wakefield Echinox.
PPF Real Estate has completed the infrastructure works for ARC, its new office project in Bucharest where it is investing €70 million.
The Romanian unit of Strabag has been selected as generator contractor for the construction of a new office building for PPF Real Estate in Bucharest.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).