Ikea to build third Romanian store in Timisoara

28
Mar
2018
News - Ikea to build third Romanian store in Timisoara  #development #Ikea #retail #Romania #Timisoara

by Import Sys | Retail

Ikea plans to build its third store in Romania next to the city of Timisoara. The Swedish retailer has reportedly applied for a permit to build a roundabout that would allow access to the future store. Ikea also plans to open stores in Brasov and Cluj-Napoca.


“Finding the right plots in the Romanian cities part of our expansion plan is a priority for us. Until then, we have an increasingly popular online order service available to people all over Romania and we have plans to develop besides the classical stores, a multi-channel environment with new sales channels and formats supporting new consumer behaviours and trends,” said Viviana Pavel, Real Estate & Development Manager at Ikea SEE.
 
Construction is currently underway at Ikea’s second store in Bucharest, which will be finished in H2 2018 following an investment of approximately €86 million (including the acquisition of the land). The store will cover 37,000 square meters. It will have 1,300 parking places and charging stations for electric cars. The store will also host a restaurant with 550 places and a greenhouse of 800 sqm, alongside an Ikea Café.



Latest news


New leases

  • International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.
  • International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
  • Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


Latest news

News - Griffin and Primestar launch JV for Polish hotel investments
22
Jun
2026

Griffin and Primestar launch JV for Polish hotel investments

by Property Forum
Griffin Capital Partners and Primestar Group have launched Prime Griffin Hotels, a 50/50 joint venture established to build a hotel platform in Poland. Operating within a single platform, the venture aims to capitalise on the growth of the Polish hospitality sector through an integrated model.
Read more >
News - JLL Real Estate Industry Charity Beach Volleyball Tournament is back in 2026
22
Jun
2026

JLL Real Estate Industry Charity Beach Volleyball Tournament is back in 2026

by Property Forum
For the 15th time, the real estate industry will join forces for a noble cause and once again will play to support the Ronald McDonald House Poland Foundation. This year’s edition of the JLL Charity Beach Volleyball Tournament will take place on August 6 at the Monta Beach Volley Club in Warsaw. Following the success of funding the construction of the Ronald McDonald House at The Children’s Memorial Health Institute in Warsaw, the industry is keeping up the momentum and will once again support the families of young patients. The funds raised this year will be allocated to the maintenance and operation of the newly opened House. Property Forum proudly supports the event as media partner.
Read more >
News - HelloParks sells logistics facility in Fót to international investor
22
Jun
2026

HelloParks sells logistics facility in Fót to international investor

by Property Forum
HelloParks has signed an agreement to sell its FT1 logistics warehouse in the Fót (Budapest North) megapark to an international investor.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy