News - Cushman & Wakefield to manage VIG Fund's Polish portfolio
19
Jun
2024

Cushman & Wakefield to manage VIG Fund's Polish portfolio

by Property Forum
Cushman & Wakefield has been appointed as property manager for the VIG Fund’s three office buildings in Warsaw: Libra Business Center B, Life Building, and Jasna 26. The award of the mandate will see Cushman & Wakefield manage its entire Polish real estate portfolio of more than 47,000 sqm. 
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News - Panattoni launches its fifth project in Szczecin
19
Jun
2024

Panattoni launches its fifth project in Szczecin

by Property Forum
Panattoni has launched construction on a new project in Western Pomerania (northern Poland). Panattoni Park Szczecin V is to reach a size of 30,000 sqm and already its first tenant has been found.  A company from the catering industry has leased 8,600 sqm.
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News - Prime Kapital to deliver second phase of resi project near Bucharest in 2025
19
Jun
2024

Prime Kapital to deliver second phase of resi project near Bucharest in 2025

by Property Forum
Prime Kapital aims to deliver by the end of 2025 the second phase of its Avalon Estate residential project based near Bucharest.
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News - One United Properties secures €47 million bank financing
19
Jun
2024

One United Properties secures €47 million bank financing

by Property Forum
Romanian developer One United Properties has secured a €47 million loan from Banca Transilvania.
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News - Skanska assess tenant satisfaction in Equilibrium 1 offices
19
Jun
2024

Skanska assess tenant satisfaction in Equilibrium 1 offices

by Property Forum
The services, green spaces, and recreational areas in the Bucharest-based Equilibrium 1 office project are valued by more than 90% of employees working in the building developed by Skanska in northern Bucharest, according to a company survey.
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News - Premier Hospitality named operator of Ramada Sibiu Hotel
19
Jun
2024

Premier Hospitality named operator of Ramada Sibiu Hotel

by Property Forum
Romanian hospitality consultancy Premier Hospitality has been appointed operator of the Ramada Sibiu Hotel under a lease agreement that will run for 20 years.
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News - Avison Young expands in Greece as part of SEE push
19
Jun
2024

Avison Young expands in Greece as part of SEE push

by Property Forum
Avison Young has announced a strategic affiliation agreement with Athens-based QRA Real Estate Advisors as part of an expansion push in Southeastern Europe (SEE).
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News - Infogroup delivers 15,000 sqm warehouse in Kecskemét
19
Jun
2024

Infogroup delivers 15,000 sqm warehouse in Kecskemét

by Property Forum
Infogroup has completed a new industrial hall spanning 15,000 sqm in IGPark Kecskemét South and development for a new building in the same project will start later this year.
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News - Home purchase interest in Romania tops decade high
19
Jun
2024

Home purchase interest in Romania tops decade high

by Property Forum
Romanians’ intention to buy a home in the next 12 months is approaching the levels seen between 2006 and 2008, according to a recent Colliers analysis based on Eurostat data.
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News - Genesis Property fully powers its portfolio with renewable energy
19
Jun
2024

Genesis Property fully powers its portfolio with renewable energy

by Property Forum
Romanian developer Genesis Property says it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.
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Latest news


New leases

  • Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
  • Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
  • Local courier company Sameday is occupying a new 5,000 sqm last-mile logistics facility in Constanța Olympian Parks, part of Helios Phoenix Group. During the 2025 Black Friday campaign, Sameday's new regional hub in Constanța processed over 400,000 parcels.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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