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NOKIA has started in 2015 a process to consolidate its offices in Timisoara into a single location, as part of the new Bega Business Park developed by Bega Grup.

The relocation and expansion activity followed several phases during 2015-2017, reaching today a total office area of 27,000 sq m leased by NOKIA in Bega Business Park. The company becomes the largest office occupier outside Bucharest.

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The former football player Rodion Camataru continues to invest in real estate and develops today a new office building in the downtown area of Craiova. The building benefits from an excellent location, right across from the University, at the junction of A.I.Cuza Street and Carol I Boulevard - University Passage.

Universitaria building has 2,400 m2 GLA and a typical floor area of 405 m2, being developed on ground floor (commercial spaces) and 4 floors (offices), with parking underground. The construction of the building is advanced and will be completed this year.

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ACTIV Property Services mediated the lease of a retail space with an area of 1236 sqm to Kalenda, in Tudor Center Retail Park, in Târgu Mureș. Kalenda is a Romanian network of furniture shops, with stores in Târgu Mureș, Turda, Suceava and Cluj Napoca. Tudor Center Retail Park in Târgu Mureș has an area of 8266 sqm, and with the completion of this transaction, it is now leased in its entirety. The main tenants of the park are Penny Market, Pepco, Kava Store, JYSK and Kalenda.

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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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