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

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.

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