INDUSTRIAL PROPERTIES
TO LET / FOR SALE

TCN Worldwide Real Estate Services

Cristian Negrea, the new Head of Valuation & Advisory of real-estate company ACTIV Property Services, has over 13 years of experience in real estate valuation as part of international companies such as Century 21, CBRE, JLL and Cushman & Wakefield.

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ACTIV Property Services brokered the lease of a new Starbucks location in Timisoara. The new space from Victoriei Square occupies 220 sq m.

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ACTIV Property Services brokered the lease of 3 new locations for MaxBet, in Bucharest, Ploiesti and Craiova. The slot-machine gaming network is continuously expanding, with the opening of the three new locations being part of the expansion of MaxBet's presence in Bucharest and the entire region.

The new location from Bucharest occupies 140 sq m at the ground floor of Ghencea Business Center, expanding MaxBet’s coverage in Western Bucharest.

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The real estate market in Romania registered last year the fastest growth in the last 5-7 years. Developers have intensified their activity in all sectors of real estate, taking advantage of the good market situation and growing demand.

New supply reached 5-year record levels, registering growth of 11% for the residential market, + 39% for shopping centres new supply, while the area of offices completed in Bucharest was 4 times larger than in 2015.

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