News - InteRo Property Development to invest over €170 million in northern Bucharest
03
Apr
2024

InteRo Property Development to invest over €170 million in northern Bucharest

by Property Forum
InteRo Property Development, owned by the Canadian Topolinski Family, has planned investments in northern Bucharest that will exceed €170 million.
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News - Cresco's addition to Slnečnice in Bratislava gets approval
02
Apr
2024

Cresco's addition to Slnečnice in Bratislava gets approval

by Property Forum
The Bratislava residential quarter developed by Cresco Real Estate has grown by 379 approved apartments and suites in the Slnečnice POP project. The westernmost part of Slnečnice, which is adjacent to the completed Petržalska tramway, has received the approval decision after 21 months.
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News - RSJ presents winning design for resi project in Prague
27
Mar
2024

RSJ presents winning design for resi project in Prague

by Property Forum
More than 80 architectural studios from all over the world have entered the competition for the Revoluční 30 project in Prague. The winning design has been chosen out of the six finalists.
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News - Penta reveals details of new project in Bratislava
26
Mar
2024

Penta reveals details of new project in Bratislava

by Property Forum
In the coming weeks, Penta Real Estate is planning to submit documentation for the environmental impact assessment (EIA) for the Bratislava Southbank project. The total gross floor area is reaching 210,000 sqm.
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News - AFI apartments head to Prague rental market
20
Mar
2024

AFI apartments head to Prague rental market

by Maria Novakova
AFI Europe has just completed the interiors of sixty rental apartments in the second phase of the AFI Home Kolbenova project in Vysočany, Prague. They are available for immediate occupancy.
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News - Banks look to boost mortgage lending in Romania
18
Mar
2024

Banks look to boost mortgage lending in Romania

by Property Forum
Banks in Romania are actively looking to accelerate new residential lending in Romania as the central bank is expected to lower interest rates in H2 2024. Lenders have initiated a series of offers with more favourable interest rates, below the 7% monetary policy rate set by the National Bank of Romania (NBR), according to Vlad Săftoiu, Head of Research at Cushman & Wakefield Echinox.
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News - JTRE launches construction of large project in Bratislava
15
Mar
2024

JTRE launches construction of large project in Bratislava

by Property Forum
The design of Downtown Yards by J&T Real Estate is going to impact the Bratislava skyline to a great extent, reports YIMBA.sk.  Development is scheduled in two stages.
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News - Speedwell starts second resi building in Timișoara project
14
Mar
2024

Speedwell starts second resi building in Timișoara project

by Property Forum
Speedwell has kicked off the development of the second residential building of the mixed-use project Paltim based in Timișoara.
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News - Housing market in Romania to post higher demand in 2024
14
Mar
2024

Housing market in Romania to post higher demand in 2024

by Property Forum
The residential market has a positive outlook this year, over favourable macroeconomic conditions and higher demand levels, especially expected to realise in H2 2024, according to a report by residential developer STC Partners.
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News - Nusco Imobiliara selects architects for Nusco City masterplan
13
Mar
2024

Nusco Imobiliara selects architects for Nusco City masterplan

by Property Forum
Property developer Nusco Imobiliara has selected Fuksas Architecture Studio to work on the master plan of urban regeneration project Nusco City, based in northern Bucharest.
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Latest news


New leases

  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.
  • Greek jewelry designer Anna Maria Mazaraki has opened her first Romanian store in Bucharest-based ParkLake Shopping Center. The transaction for the new location was brokered by Cushman & Wakefield Echinox.
  • Squarepoint, a global quantitative investment management firm, has leased close to 2,200 sqm in Warsaw based Skyliner II. Squarepoint was represented in the transaction by CBRE. Legal advisory for Karimpol was provided by Argon Legal.

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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