ARTICLES LABELLED WITH TAG anca-merdescu

News - Romania’s property investment market could hit €1 billion in 2024
04
Sep
2024

Romania’s property investment market could hit €1 billion in 2024

by Property Forum
Romania’s commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers. 
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News - Property investments in Romania total €168 million in H1 2023
12
Sep
2023

Property investments in Romania total €168 million in H1 2023

by Property Forum
Commercial property investment amounted to €168 million in H1 2023, roughly half compared to last year, with industrial and logistics accounting for the biggest share of the transaction volumes. 
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News - Commercial property deals in Romania double in Q1 2023
08
Jun
2023

Commercial property deals in Romania double in Q1 2023

by Property Forum
Investment transactions in Romania’s commercial property market totaled €120 million in Q1 2023, which was almost double compared to the same period of last year. The deal volume was driven by industrial and office projects, according to a Colliers report.
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News - Prime yields to remain under upside pressure in Romania
03
Feb
2023

Prime yields to remain under upside pressure in Romania

by Property Forum
Price and yield moves on the Romanian property market will be influenced in the near future by both the availability and the cost of capital, while the overall volume of deals is likely to fall this year after reaching a 15-year high during 2022, suggest Colliers’ consultants. 
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News - First Property sells industrial project in Cluj region
29
Aug
2022

First Property sells industrial project in Cluj region

by Property Forum
UK-based commercial property fund manager and investor First Property Group concluded the sale of Tureni Logistic Warehouse, with a total area of about 8,300 sqm, in a deal brokered by real estate consultancy company Colliers.
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News - WDP buys Arad Business Park
16
Aug
2022

WDP buys Arad Business Park

by Property Forum
Industrial developer WDP has purchased Arad Business Park, with a leasable area of around 42,000 sqm, for an undisclosed sum in a transaction brokered by real estate consultancy Colliers. 
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News - Romanian property investments could reach €1 billion in 2022
12
Aug
2022

Romanian property investments could reach €1 billion in 2022

by Property Forum
Investment transactions worth €336 million were concluded on Romania’s property market in the first semester of 2022, up 13% year-on-year, while for the whole year the sector could generate deals closer to or even higher than €1 billion, according to a report by real estate consultancy Colliers. 
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News - Romanian property investments could exceed €1 billion in 2022
18
Apr
2022

Romanian property investments could exceed €1 billion in 2022

by Property Forum
Property investments in Romania could exceed €1 billion in 2022 given the high level of activity seen at the start of the year, according to a report by Colliers. Just a few office transactions in advanced stages likely to close this year will total over €600 million.
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News - Offices drive €290 million Romanian investment market in H1
31
Aug
2021

Offices drive €290 million Romanian investment market in H1

by Property Forum
The office sector accounted for 66% of total investment volumes recorded in Romania’s commercial real estate sector in the first semester. Deals worth close to €290 were closed in the first half, down 41% year-on-year, according to a report by real estate consultancy Colliers. 
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News - Q1 2021 investment volume in Romania reaches €85 million
18
May
2021

Q1 2021 investment volume in Romania reaches €85 million

by Property Forum
Romania recorded new real estate investments worth €85 million in the first quarter of 2021, down 42% year-on-year, in line with the lower results of other markets in Central and Eastern Europe, according to a report by Colliers. 
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • 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.

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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