ARTICLES LABELLED WITH TAG Brasov

News Office building utilisation in Romania grows in Q1 2024
28
May
2024

Office building utilisation in Romania grows in Q1 2024

by Property Forum
The number of employees working in office buildings rose from 40% in Q1 2023 to around 55% in Q1 2024 in the projects managed by Colliers in Romania.
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News Regional office market in Romania tops 1 million sqm
04
Apr
2024

Regional office market in Romania tops 1 million sqm

by Property Forum
New office deliveries in regional cities totaled 83,000 sqm in 2023 and the total leasable area has climbed close to 1.1 million sqm, according to a Cushman & Wakefield report. Offices in regional cities of the likes of Cluj-Napoca, Timișoara and Brașov represent around 30% of the corresponding total in Bucharest.
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News Retailer La Cocoș expands in Brașov
05
Mar
2024

Retailer La Cocoș expands in Brașov

by Property Forum
Local retail chain operator La Cocoș has opened its fourth hypermarket in Brașov. The company has leased 10,000 sqm for the new unit in the Brintex complex, in a deal brokered by Cushman & Wakefield Echinox.
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News Transilvania Investments sells hotel in Brașov
17
Jul
2023

Transilvania Investments sells hotel in Brașov

by Property Forum
Financial company Transilvania Investments has sold the Coroana-Postăvaru hotel in Brașov for close to €9.4 million as part of its portfolio rebalancing strategy. The sale was carried out in a public offering. 
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News Grand Development invests in villas near Brașov
06
Jul
2023

Grand Development invests in villas near Brașov

by Property Forum
Romanian property company Grand Development, founded by Ionuț Nicolescu, is investing over €12 million in the development of Montebello Transylvania Resort, a project comprising 47 chalet-style villas near Brasov. The first phase of the development is slated for completion in November 2023. 
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News Mercure hotel to open in Brașov
30
Jun
2023

Mercure hotel to open in Brașov

by Property Forum
A new Mercure hotel will open in Brașov at the end of 2025 following an agreement inked by Romanian investment fund Transilvania Investments and the international hospitality group Accor. 
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News Timișoara records strongest office leasing activity among regional cities in 2022
23
Mar
2023

Timișoara records strongest office leasing activity among regional cities in 2022

by Property Forum
Office leasing volumes in Timișoara amounted to 51,400 sqm during 2022, which was more than half of the total deals closed in regional cities. Iași and Cluj-Napoca were next with volumes of 26,700 sqm and 15,200 sqm, respectively, while in Brașov office leasing covered 5,900 sqm. 
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News Home asking prices in Romania post slight gain in February 2023
14
Mar
2023

Home asking prices in Romania post slight gain in February 2023

by Property Forum
Asking prices for homes in Romania were up by an average of 1.6% to €1,435 per sqm in February after growing by 0.9% in the previous month, according to property classifieds platform Imobiliare.ro. 
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News Planned office stock in regional Romania totals 275,000 sqm
22
Feb
2023

Planned office stock in regional Romania totals 275,000 sqm

by Property Forum
The modern office stock in regional Romanian cities is set to reach around 1.3 million sqm in the next five years if the planned projects spanning 275,000 sqm will be delivered in this period, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News Louvre Hotels Group to enter Brașov
10
Feb
2023

Louvre Hotels Group to enter Brașov

by Property Forum
Hotel chain Louvre Hotels Group, part of Chinese Jin Jiang Holding, aims to reach five affiliated hotels in Romania, including projects in Brașov, Cluj-Napoca and Bucharest. 
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Latest news


New leases

  • EPP's Outlet Park Szczecin, the only outlet centre in Western Pomerania, is strengthening its fashion offerings by signing agreements with three brands previously unavailable in the region. JACK & JONES and Evenemen, with their men's fashion collections, and the premium optician OUTLY, have already opened their stores. eobuwie will also join the tenant roster this fall. VENEZIA, TATUUM, WITTCHEN, and Pako Lorente are also continuing their partnerships with the centre, significantly expanding their stores, while Lee Wrangler and German Optiker are moving to new locations. The new agreements and extensions cover a total area of nearly 1,800 square meters.
  • mFinanse S.A. has extended its current lease at the LIFE_Building in Warsaw and expanded its office space. As of July this year, the mBank Group company will occupy a total of 350 sqm in the building owned by VIG Fund. During the transaction, VIG Fund was represented by JLL, the exclusive leasing agent for LIFE_Building, while Deloitte Legal provided legal advisory services.
  • Stay Fit Gym, the largest fitness chain in Romania and Eastern Europe, is launching a new premium concept for those seeking high-end facilities. The brand is debuting its first "Black" type centre in the Palas Iași mixed-use complex, owned by Iulius.

New appointments

  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.
  • Golden Star Group, an international investment firm operating in the real estate sector, has announced the promotion of two key specialists within its Polish team. Paweł Moczybroda has been appointed Group Chief Financial Officer, while Ewa Dragunajtys has been promoted to Head of Asset Management.
  • Tomasz Chojnacki, a commercial property expert with nearly 20 years’ experience, has joined international real estate advisory firm Newmark Polska as Regional Director for Southern Poland in its Office Department, with effect from 1 August. His key responsibilities include representing office tenants during relocations and lease renegotiations.

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