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News Bucharest drives Romanian property investment in H1 2022
04
Aug
2022

Bucharest drives Romanian property investment in H1 2022

by Property Forum
Bucharest recorded 10 of the 14 major property transactions closed in the first half of 2022, while the overall volume of investment rose by 6% to €323 million compared to the first half of 2021, according to real estate consultancy CBRE. 
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News Revetas Capital aims to reach carbon neutrality by 2040
04
Aug
2022

Revetas Capital aims to reach carbon neutrality by 2040

by Property Forum
Pan-European real estate investment advisor Revetas Capital says it aims to achieve net carbon neutrality across the portfolio by 2040. 
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News REICO acquires another warehouse asset in Poland
03
Aug
2022

REICO acquires another warehouse asset in Poland

by Property Forum
REICO ČS LONG LEASE, managed by REICO IS ČS is acquiring the APS consumer battery manufacturing site located in Gniezno, Poland. The value of the fund's new acquisition amounts to approximately CZK 511 million (€20.4 million). The fund has already added this third property to its portfolio since its inception in May last year.
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News One United Properties boosts share capital by €51.5 million
03
Aug
2022

One United Properties boosts share capital by €51.5 million

by Property Forum
Romanian developer One United Properties has increased its share capital by €51.5 million in a bid to fund new residential investments in Bucharest.
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News Czech investments in 2022 rise by 60% y-o-y to €1.15 billion
03
Aug
2022

Czech investments in 2022 rise by 60% y-o-y to €1.15 billion

by Property Forum
The Czech real estate investment volume reached €1.15 billion in the first half of 2022. This was a 60% increase and was mainly led by domestic investors who acquired properties worth more than €607 million. Even the number of transactions in Q2 surpassed Q1 of this year. Domestic buyers were involved in 11 of the 13 transactions in Q2, so the share of the domestic capital increased in total volume to 68%, Savills reported.
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News Property investment in Romania at €518 million in H1 2022
03
Aug
2022

Property investment in Romania at €518 million in H1 2022

by Property Forum
The property investment market in Romania totalled €518 million in the first half of 2022, up 30.5% compared to the same period of last year, with retail and office sectors driving deals, according to real estate consultancy Crosspoint Real Estate. 
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News Panattoni sells two Polish logistic parks with 65,000 sqm
29
Jul
2022

Panattoni sells two Polish logistic parks with 65,000 sqm

by Property Forum
Panattoni has completed the sale of two Polish logistics parks in Lublin and the Silesia West region to a North American private equity investor. The two properties have a combined gross lettable area (GLA) of about 65,000 sqm. The price has not been disclosed.
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News Crown Holding buys office building in Bucharest
28
Jul
2022

Crown Holding buys office building in Bucharest

by Property Forum
Hungarian Crown Holding Kft. has purchased Cascade Office Building in central Bucharest for €10.1 million.  
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News Property investments in Romania up 13% in H1 2022
27
Jul
2022

Property investments in Romania up 13% in H1 2022

by Property Forum
The amount of property investments in Romania totaled €336 million in the first half of 2022, up around 13% year-on-year, while solid pipeline of transactions is under negotiation and could be completed by the end of the year, according to a report of real estate consultancy CBRE. 
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News One United Properties buys land in northern Bucharest
27
Jul
2022

One United Properties buys land in northern Bucharest

by Property Forum
Romanian developer One United Properties has purchased a land plot of 36,869 sqm in northern Bucharest in a deal worth around €60 million. The company plans to develop a new residential complex with around 900 apartments.
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Latest news


New leases

  • International luxury brand Rituals is joining the IULIUS retail network. This autumn, it will open new stores in the mixed-use developments Iulius Town Timișoara and Palas Iași, as well as in Iulius Mall Cluj.
  • Stay Fit Gym has leased approximately 1,000 sqm for a new fitness centre, which will open in the Family Market Tomești retail park, developed by Iulius in the Iași region.
  • Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.

New appointments

  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.
  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.

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