07
Feb
2025
Feb
2025
Industrial leasing in Romania slides 20% during 2024
Leasing of industrial and logistics spaces in Romania amounted to around 620,000 sqm in 2024, down by around 20% compared to the near-record level reached in 2023. The overall stock rose by 400,000 sqm to 7.4 million sqm at the end of last year, according to a report by Colliers.
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07
Feb
2025
Feb
2025
Revetas Group sells Park Center Sofia to TSH Investment
Revetas Group has announced the sale of Park Center Sofia shopping center to TSH Investment, a joint venture between Trinity Capital AD and HUS Invest AD, for an undisclosed sum.
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06
Feb
2025
Feb
2025
Hungarian gov't backs out of "Maxi Dubai" project in Budapest
The Hungarian government has recognised that Budapest’s municipally owned company exercised its pre-emption right over the Rákosrendező plot. Therefore, the megaproject by UAE-based Eagle Hills Group, dubbed "Maxi Dubai" in the local media, is effectively cancelled.
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06
Feb
2025
Feb
2025
Penta proceeds with revitalisation of Masaryk area
The revitalisation of the surroundings of Masaryk station by Penta Real Estate is moving to the next stage. The focus of action is now directed to the south side, to Hybernská Street.
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06
Feb
2025
Feb
2025
PSN launches new project in Brno
PSN is starting the transformation of the Brno One brownfield in Plynárenská Street this year. In the course of the following years, it is going to turn into a modern urban district combining housing, spaces for work and leisure activities.
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06
Feb
2025
Feb
2025
Penta appoints new country director in Slovakia
Penta Real Estate has announced a change in the management of the Slovak part of the company. The current Country Managing Director Juraj Nevolník is leaving the company for personal reasons. He is going to be replaced by Michal Rehák, currently working in the Business Director position.
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06
Feb
2025
Feb
2025
Panattoni secures €9.1 million for investment near Poznań
Panattoni has secured financing for the first phase of Panattoni Park Poznań XIV — a logistics project underway in Głuchowo, near Poznań. The €9.1 million loan was provided by Santander Bank Polska.
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06
Feb
2025
Feb
2025
One United Properties to expand in retail parks segment
Romanian developer One United Properties, specialized in office and premium residential projects, is looking to build a portfolio in the retail segment.
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06
Feb
2025
Feb
2025
CTP inks 64,000 sqm industrial lease deal in Serbia
Industrial developer CTP has signed three new leases with logistics provider Milšped in Serbia, taking the total leased space by the company to 105,000 sqm.
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06
Feb
2025
Feb
2025
Return to office mandates to boost demand for new spaces
Vlad Săftoiu, Head of Research Cushman & Wakefield Echinox, talked to Property Forum about the demand trends in the Romanian office market and the outlook for industrial and retail investments in 2025.
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Latest news
- Alides and Revive sell Imperial Shipyard site to Develia
- Logicor reaches full occupancy at Alligator Park in Budaörs
- Fiege expands 21,000 sqm across three Panattoni parks
- Optimism prevails in CEE real estate as geopolitical risk looms large
- Property Forum appoints Irina Gasson as Chief Growth Officer to accelerate European expansion
- Hungary's residential market surges 32% in March
- Genesis Property gets green certification for Yunity Park building in Bucharest
- Arete sells Slovak industrial park to Erste fund
- ULI Poland invites market to conference on new balance of forces shaping real estate
- How is agentic AI turning into real estate’s new operating advantage
New leases
- Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
- Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.
- Palas Campus, Romania's largest office building, is set to host the new regional hub for BCR starting this autumn. The HQ will occupy a surface area of approximately 1,000 sqm and will serve clients from the local county and adjacent regions.
New appointments
- NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
