ARTICLES IN Residential  TOPIC

News Gran Via Romania sold €44 million worth apartments in 2020
26
Jan
2021

Gran Via Romania sold €44 million worth apartments in 2020

by Property Forum
Spanish developer Gran Via Real Estate announces results beyond expectations for 2020 on the Romanian market. Despite two months of lockdown measures due to the pandemic, the company traded 478 residential units, with a total value of €44.2 million. 
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News YIT to build new mixed-use complex in Gdańsk
26
Jan
2021

YIT to build new mixed-use complex in Gdańsk

by Property Forum
Finnish developer YIT has been awarded a construction permit for a mixed-use complex next to the European Solidarity Centre in Gdańsk.
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News Romanian entrepreneur invests  €10 million in villas in Bucharest
25
Jan
2021

Romanian entrepreneur invests €10 million in villas in Bucharest

by Property Forum
Alina Marulis, an entrepreneur from Bucharest, is investing  €10 million euros in a boutique project of 12 villas near Băneasa forest, close to American school.
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News Opus Land to invest €29 million in Bucharest
18
Jan
2021

Opus Land to invest €29 million in Bucharest

by Property Forum
Opus Land continues to invest in Cosmopolis, a residential project near Bucharest, where construction work was started in 2007. €22 million will be allocated for the construction of 500 new homes and €7 million are for increasing the commercial area of the strip mall, SVN Romania, the exclusive agent of the project, announced.
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News CEE continues to record strong house price growth
15
Jan
2021

CEE continues to record strong house price growth

by Property Forum
Three of the five EU countries that registered the highest annual (year-on-year) house price growth in Q3 2020 are located in CEE – Poland (#2), Slovakia (#4) and the Czech Republic (#5), freshly released data by Eurostat reveals.
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News Belgrade Waterfront progresses with two more resi buildings
14
Jan
2021

Belgrade Waterfront progresses with two more resi buildings

by Property Forum
The construction of two more residential buildings of the Belgrade Waterfront project has commenced. Roberts Construction and Millennium Team have been selected as main contractors for the BW Simfonija 1 and 2 buildings.
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News A record year also for Cavatina Capital Group
13
Jan
2021

A record year also for Cavatina Capital Group

by Property Forum
The group completed transactions worth €206.5 million, as well as attracting record-breaking leases, launching three multifunctional projects and starting with its project of an apartment lease platform, which will deliver over 2200 units to the market. The company currently has a commercial project portfolio of 500 000 square meters and intends to double this number within the next five years.
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News Record-high sales of apartments for Echo Investment in 2020
11
Jan
2021

Record-high sales of apartments for Echo Investment in 2020

by Property Forum
In 2020, Echo Investment hit records both in sales and handovers of apartments. It managed to sign 1570 sales contracts with clients, what outperformed last year's results by 16%. At the same time, clients received their keys to 1505 apartments, which in turn means a 19% increase compared to 2019.
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News Residential transactions in Romania up by 12% in 2020
07
Jan
2021

Residential transactions in Romania up by 12% in 2020

by Property Forum
The COVID-19 pandemic did not affect real estate transactions in Romania. During 2020, a total of 602,805 properties were traded, 62,625 more than in 2019, according to the Romanian National Agency for Cadastre and Land Registration (ANCPI). 
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News Local developer buys former factory in Bucharest
07
Jan
2021

Local developer buys former factory in Bucharest

by Property Forum
Liviu Tudor, the Romanian investor who owns the most office space in Bucharest through Genesis Property, bought a former factory for which he paid €3 million, Ziarul Financiar reports citing market sources.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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