Immofinanz cancels plans for Braşov retail park

18
Sep
2018
News - Immofinanz cancels plans for Braşov retail park #Brasov #Immofinanz #retail #retail park #Romania

by Property Forum | Retail

Immofinanz has renounced its plans for the construction of a Stop Shop retail park in Braşov citing the lengthy process of obtaining a construction permit. The developer is considering selling the land.


"Due to the length of the permitting process, the market situation is no longer ideal for building Stop Shop Braşov. We see great demand from investors and we are considering selling the land. We are in the process of consolidating the Stop Shop brand in Romania and other countries through acquisitions and new developments,” Fulga Dinu, Country Manager Operations at Immofinanz Romania told local daily zf.ro.

Fulga Dinu

Fulga Dinu

Country Manager Operations
Immofinanz Romania

Fulga is the Country Manager Operations of one of the biggest real estate companies on the market, Immofinanz. The experience gained throughout her career, as a real estate banker and executive, gives her a 360º understanding of the business. Fulga started her career in New York as an investment banker for JPMorgan. In the early 2000s, upon returning to Romania, she established and led the real estate division of HVB Bank, at a time when the real estate industry was taking shape. This experience was followed by the position of Country Manager at Eurohypo AG (at that time, the real estate lending arm of Commerzbank AG). This gave her the opportunity to grow with the market as she was directly involved in some of the largest real-estate projects and transactions in Romania, in retail, office and logistics. Further on, she consolidated this knowledge in executive positions in the real estate industry for development companies. Fulga is a solution-oriented person, with a hands-on approach, personally involved with her customers and very close to her team. More »



Latest news


New leases

  • CTP has signed a lease agreement with Fabi Total Grup. The Romanian company, which specialises in the production and storage of professional cleaning agents, has taken approximately 4,700 sqm at CTPark Bucharest South.
  • The DigestMed medical centre, specialising in gastroenterology services, has opened a clinic spanning over 675 sqm within the Bucharest-based London Office Building, part of the EVO Properties multifunctional hub, following an investment of €1.5 million.
  • Focus Estate Fund has signed a new lease agreement with HalfPrice, the off-price retailer, for approximately 2,000 sqm of modern retail space at Sosnowiec Plaza in Sosnowiec, Poland.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


Latest news

News - Prologis leases 135,000 sqm in Slovakia during 2025
03
Mar
2026

Prologis leases 135,000 sqm in Slovakia during 2025

by Property Forum
Prologis closed 2025 with strong results in Slovakia, achieving 95% occupancy and outperforming the market average of 92%. The logistics real estate company secured 24 lease transactions totalling 135,000 sqm and maintained an 83% retention rate.
Read more >
News - Segmentation, ESG and selective growth: What’s next for residential in Poland?
03
Mar
2026

Segmentation, ESG and selective growth: What’s next for residential in Poland?

by Property Forum
As the Polish residential market moves from volatility toward a more balanced phase, developers are recalibrating supply, financing strategies and product positioning. In this interview, Carlos de León, General Manager at Acciona Nieruchomości, explains why 2026 could mark a period of mature stabilisation rather than rapid growth, which segments and locations are set to outperform, and how sustainability, financing discipline and regulatory reform will shape the next phase of residential development in Poland.
Read more >
News - Romanian housing supply hits eight-year low in 2025
03
Mar
2026

Romanian housing supply hits eight-year low in 2025

by Property Forum
New housing deliveries and transaction numbers fell by approximately 5% in 2025 compared to the previous year, according to Colliers' annual report. While deliveries dropped to their lowest level since 2017, sales volumes remained around 20% above the pre-pandemic average.
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