Glenway Holdings Group (GHG) is a progressive specialist property development company established to deliver quality construction projects on time and within budget. Our company is focused on residential, mixed-use and commercial office & industrial developments in prime locations in Romania & Bulgaria, Our company ethos is to provide our clients and partners with a superior service by continually improving our quality processes, providing exceptional management capabilities and by adding value through proactive and innovative solutions to our clients requirements.
Our company intends to deliver world-class developments in Romania & Bulgaria, we will consistently exceed client expectations, delight end-users, bring tangible benefits to the local communities and contribute significantly to increases in property values in the surrounding areas. GHG has acquired a development pipeline consisting of sites across prime areas in Romania & Bulgaria and will construct on these developments sites over the next number of years, GHG continues to look at development opportunities across Romania and is well placed to move quickly and decisively.
At Glenway Holdings Group (GHG), the integrity of our staff form the cornerstone of our established reputation as your partner, contact us to discuss your future investment plans and Glenway Holdings Group will help you transactions where opportunistic returns can be generated
Our mission: "GHG is committed to building long-term relationships based on integrity, performance, value, and client satisfaction".
GHG - Your Real Estate Partner
Design – Civil Engineering – Construction - Fit-Out - Maintenance - Facilities Management
Glenway Holdings Group is always seeking collaboration with Investors & Developers to work on projects in the expansion of our activities in Romania & Bulgaria Real Estate market, please contact us to discuss your proposals.
The Glenway Holding Group Team
Bucharest City Hall plans to build 15 underground parking lots that should be able to take in more than 9,100 cars, according to the Bucharest-Ilfov Sustainable Urban Mobility Plan 2016-2030. The project, which is estimated at more than EUR 311 million, may be approved in the Bucharest General Council’s meeting on January 30, reports local B365.ro.
Some of the areas where new parking lots could be built are Alba Iulia Square (1,420 parking places), Obor Square (1,530), Free Press Square (1,633), downtown Bucharest (nearly 1,000 parking places), Sudului Square (964), Hurmuzachi Square (843), Herastrau Park, near Beraria H (468), and Stefan cel Mare Blvd., at Perla (417 parking places for cars and 25 for motorcycles). Smaller parking lots should be built on Barbu Vacarescu Boulevard, near Globus Circus, on Aleea Circului, on Edgar Quinet Street, on Walter Maracineanu Street, and at Dorobanti Square, Domenii Square, and Baneasa Train Station.
Moreover, the authorities also plan to develop a new app that would tell drivers where to find parking places.
Some more important streets in Bucharest may also be turned into one-way streets, according to the same plan. These may include the Barbu Vacarescu Boulevard and Calea Floreasca, two important streets in one of Bucharest’s top business districts.
In November last year, Bucharest mayor Gabriela Firea announced that the local authorities are also planning to build six park & ride parking lots at the city’s busiest entry points. That way, those who transit the city can leave their personal cars in these parks and take a bus or subway from there to the city.
Amazon, the largest online retailer in the world, wants to lease 10,000 sq m of offices in Bucharest, an area needed to recruit at least 1,000 employees, according to sources close to the company quoted by ‘Ziarul Financiar’.
The need for expansion comes less than a year since the US company signed a lease for an area of 13,500 sq m in Iasi in the United Business Center (UBC) 5 building of the Palas office project, controlled by Iulian Dascalu. At an average rent of EUR 12/sq m, the contract would amount to about EUR 1.4-1.5 million per year, according to ZF calculations.
Amazon’s demand for offices comes immediately after the announcement from General Motors which will open in Bucharest, within the Green Court project built by Skanska, a call centre of 4,000 sq m. According to real estate consultancy company JLL, last year the IT companies accounted for 30% of the local office market, ZF informs.
Among the largest new buildings that will be completed this year are in the Orhideea area, such as The Bridge and Orhideea Towers, along with the first two office buildings of InterIkea in the Timpuri Noi neighbourhood. In addition, Ioannis Papalekas will deliver this year the Globalworth Campus project on Dimitrie Pompeiu St. in Pipera Sud of 60,000 sq m of offices. In 2018 other projects are expected to be completed, such as Skanska Pumac on Iuliu Maniu St. and Bucharest Business Garden of Vastint, all of them in the Orhideea/Grozăveşti area.