The leasing activity on the Romanian offices market registered significant changes in the first nine months of this year compared with 2015, according to JLL Romania. The leasing volumes in the first nine months have exceeded the level of the entire last year, over 45 percent of the transactions volume being represented by new contracts. “The companies have rented offices...
International advisory firm JLL has successfully represented PPF Real Estate in the acquisition of Metropolis Center, an office complex in the city center of Bucharest, from Soravia. This is the first PPF Real Estate acquisition on the Romanian real estate market. JLL continues to attract new players on the Romanian market after having represented companies such as GLL, Log...
Adval Asset Management supported by JLL’s Capital Markets team has successfully secured the refinancing of €6 million of Cascade Offices. Cascade Offices is a 4.200 m² office building delivered in 2005 and located on Buzesti Street, in the heart of the Central Business District (“CBD”). Among the main tenants, the project counts Procredit Bank, Enel and Taiwan TC. David Hayw...
Romanian real estate investment volumes in the first half of 2016 are estimated at €340 million, a value 80% higher than that registered in the same period of 2015 (€187 million). The first six months of the year, however, witnessed a number of portfolio deals and owners strengthening their positions in projects. Bucharest accounted for close to 48% of the total investme...
Costin will be Business Developer Industrial Agency JLL, the real estate consultancy company announces hiring Costin Bănică as Business Developer Industrial Agency. He will be responsible for identifying new clients and growth opportunities for the Industrial Department. Costin have over 14 years’ experience in sale the real estate industry among which 4 of them in the Re...
JLL on behalf of Argo Group announces the sale of the Shopping City Sibiu (79,100 m² of GLA), Romania to NEPI for a value of EUR 100 million – the largest in 2016 so far. The pricing reflects the quality of the asset, as well as market interest in sizable retail assets including those outside of Bucharest. The first phase of Shopping City Sibiu was opened in November 2006....
Among top 40 companies in the world where people want to work CHICAGO, IL, June 21, 2016 – The 433+ million members of LinkedIn have voted with their actions and selected JLL (NYSE:JLL) as one of the top companies in the world at attracting and keeping top talent. The Top Attractors list is the first ranking of its kind based entirely on user activity such as job applicatio...
Developers are expected to deliver over 700,000 sqm of new real estate projects in 2016, with a combined investment value of over EUR 800 million. Office buildings will remain in the top of developers' preferences, followed by retail and logistic. Record deliveries planned for 2016 across all market sectors is proof that the investors' confidence in the Romanian market is pi...
BUCHAREST & BELGRADE, MARCH 27, 2015 – JLL today announced the appointment of Andrew Peirson as its Managing Director for Romania & South-Eastern Europe (SEE), an expansion of his current remit as Managing Director for the firm’s SEE business based out of its office in Belgrade, Serbia. JLL’s Romania and SEE capabilities are both thriving component parts of its broader high-gr...
Bucharest, 25 March 2015 – Mercury Logistics Park was recently sold, with JLL acting on behalf of the seller, the global investment fund manager, Heitman. Mercury Logistics Park is located within the main logistics and distribution corridor of Romania, West of Bucharest, at Km 23 of the A1 Highway. The scheme comprises 3 existing units totalling approximately 34,000m² and cca...
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