ARTICLES LABELLED WITH TAG brasov
06
Jul
2023
Jul
2023
Grand Development invests in villas near Brașov
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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30
Jun
2023
Jun
2023
Mercure hotel to open in Brașov
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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23
Mar
2023
Mar
2023
Timișoara records strongest office leasing activity among regional cities in 2022
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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14
Mar
2023
Mar
2023
Home asking prices in Romania post slight gain in February 2023
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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22
Feb
2023
Feb
2023
Planned office stock in regional Romania totals 275,000 sqm
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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10
Feb
2023
Feb
2023
Louvre Hotels Group to enter Brașov
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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12
Dec
2022
Dec
2022
Meta Estate Trust signs property partnership in Brașov
Romanian property holding Meta Estate Trust has signed a partnership with Rock Development Holding for a new property development in Poiana Brașov.
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23
Nov
2022
Nov
2022
Diehl Controls leases 18,000 sqm in CTPark Brașov
German company Diehl Controls, a high-tech manufacturer, has leased 18,000 sqm in CTPark Brașov for a research and development centre as well as a production facility. This is the first tenant attracted by CTP in the new project spanning 50,000 sqm that will be completed in the second half of 2024.
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02
Nov
2022
Nov
2022
Romanian industrial market registers vacancy low
Demand for logistics and industrial space is close to registering a new record in 2022 as the vacancy rate reached 4.3% at the end of Q3, which is one of the lowest levels in the last decade, according to real estate consultancy Cushman & Wakefield Echinox.
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27
Oct
2022
Oct
2022
Marriott Hotel to open in Brașov
Romanian developer Urban Invest will add a hotel under the AC Marriott brand in its mixed-use project Urban Plaza that is currently under construction in Brașov.
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Latest news
- Primark plans to double store network in Romania
- Romania heads for weak December shopping season over consumer caution
- Warsaw office market grapples with low pipeline at end-2025
- Mitiska REIM sells Czech retail park to Fio Real Estate Fund
- Hillwood Poland buys projects from Blackstone-backed funds
- Why unified data models are becoming a strategic imperative for real estate leaders
- Construction outlook in Eastern Europe looks positive in 2026
- Czech market hits investment record of €4.1 billion in 2025
- Nepi Rockcastle names Marius Barbu as new COO
- What the surge in technical services demand means for property investments in 2026
New leases
- 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.
- Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
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.
