CBRE Romania announced it recruited Mihai Patrulescu from Colliers International to lead the Investment Properties department.
Before joining CBRE Romania, Mihai Patrulescu held key positions as Senior Investment Associate and Head of Strategic Analysis at Colliers International being involved in complex portfolio deals.
Mihai Patrulescu is replacing Gijs Klomp, who has occupied the role of Head of Investment Properties in the past two years. Recently, Gijs chose to take the opportunity offered by CTP, the top 5 European industrial property developer, where he will act as Head of Business Development.
“In the last three years, Romania attracted less than 5% of the total CEE investment volumes, similar to Slovakia, while markets such as Hungary and Poland generated between 20 and 40% of the total volume. I strongly believe this indicates mispricing of risk. With a new approach, using know-how from finance and economics, combined with CBRE’s deep understanding of the real estate market across all sectors, I am confident that we will soon attract new demand from major investors”, said Mihai Patrulescu, Head of Investment Properties, CBRE Romania.
Sign up today for the latest news