22 October 2017
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Immochan takes over Coresi Business Park in Brasov

10 August 17 - Irene Theofanidou
Immochan takes over Coresi Business Park in Brasov

DEALS

DATE BUYER SELLER
19 October 17 Pacific Castle Shopcore
17 October 17 Credit Suisse Asset Management Legal & General capital

STOCKS

INDICES

MARKET WATCH

COMPANIES

NBG PANGAEA

REIΤ - GREECE

Solum Property Solutions

Consultant - GREECE

Zeus

Fund - GREECE

ΕΡΡΙΚΟΣ ΑΡΩΝΕΣ

Investment - GREECE

PEOPLE

Aristotelis Karytinos

CEO of NBG Pangaea REIC NBG Pangaea REIC
Immochan, the real estate division of the Auchan Group, has taken over the Coresi Business Park office project in Brasov, the company has announced according to the business-review.

 

The project is located near its Coresi Shopping Resort mall which alongside the newly required offices and future housing units will be integrated into the Cartier Coresi mixed-use development, says the real estate company.

Coresi Business Park has a gross leasable area (GLA) of 40,000 sqm and it hosts 30 companies and more than 2,500 employees.

Given the existing land bank, the office project can be expanded to a total of 100,000 sqm over the next ten years, according to Immochan representatives.

Immochan took the first step in 2015 when it opened a 45,000 sqm shopping mall following an investment of about €60 million.

In addition to the retail and the office component, Immochan is presently investing in housing units on the grounds of the same project.

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