ARTICLES LABELLED WITH TAG Bucharest

News Banks look to boost mortgage lending in Romania
18
Mar
2024

Banks look to boost mortgage lending in Romania

by Property Forum
Banks in Romania are actively looking to accelerate new residential lending in Romania as the central bank is expected to lower interest rates in H2 2024.
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News Resi demand growth trend continues in H1 2024
18
Mar
2024

Resi demand growth trend continues in H1 2024

by Ovidiu Nicolae
Cosmin-Savu Cristescu, Managing Director of Romanian developer Redport Capital, spoke with Property Forum about the start of a new mixed-use investment of  €150 million in northern Bucharest and the continuation of the residential growth trend that has been recorded since 2023.
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News Bucharest sees fewer industrial lease deals in 2023
13
Mar
2024

Bucharest sees fewer industrial lease deals in 2023

by Property Forum
Around 38% of industrial rental demand came from Bucharest in 2023, down from 48% the previous year, according to Colliers data.
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News Nusco Imobiliara selects architects for Nusco City masterplan
13
Mar
2024

Nusco Imobiliara selects architects for Nusco City masterplan

by Property Forum
Property developer Nusco Imobiliara has selected Fuksas Architecture Studio to work on the master plan of urban regeneration project Nusco City, based in northern Bucharest.
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News Vastint starts second phase of Bucharest office project
13
Mar
2024

Vastint starts second phase of Bucharest office project

by Property Forum
Vastint Romania will start the development of the second phase of the Timpuri Noi Square project in Bucharest after it secured all permits. 
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News Leroy Merlin leases 21,000 sqm of retail space in Bucharest
12
Mar
2024

Leroy Merlin leases 21,000 sqm of retail space in Bucharest

by Property Forum
DIY retailer Leroy Merlin has leased two retail spaces in Bucharest with a combined area of 21,000 sqm from the Supernova Group, in a deal brokered by Cushman & Wakefield Echinox.
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News Euro Vial Residence buys large land plot in Constanța
11
Mar
2024

Euro Vial Residence buys large land plot in Constanța

by Property Forum
Romanian developer Euro Vial Residence has purchased a six hectare land plot in the northern area of the city of Constanța, towards Ovidiu, for €6.5 million.
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News Sublease office stock in Bucharest at 67,400 sqm in 2023
07
Mar
2024

Sublease office stock in Bucharest at 67,400 sqm in 2023

by Property Forum
The office stock in Bucharest’s sublease niche totaled 67,400 sqm in 2023, while new transactions in this segment amounted to 5,856 sqm, according to an iO Partners report.
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News Danubiu Enterprises to start retail investment near Bucharest
07
Mar
2024

Danubiu Enterprises to start retail investment near Bucharest

by Property Forum
Danbuiu Enterprises will start in Q2 2024 the development of A1 Shopping Center, a new retail project near Bucharest that will have a value over €10 million. The project is slated for completion in Q3 2025 and will target wholesale and cash & carry retailers.
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News Impact Developer & Contractor records 59% fall in profit during 2023
01
Mar
2024

Impact Developer & Contractor records 59% fall in profit during 2023

by Property Forum
Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.
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Latest news


New leases

  • Hexing Technologies Europe has leased 8,000 sqm for a new production plant in Globalworth Timisoara Industrial Park I. The lease deal was brokered by CBRE.
  • Eolus Poland, a renewable energy developer from Sweden, will become one of the tenants of LIFE Building. It will soon occupy nearly 300 sqm of the office building located in Warsaw's Wola district.
  • Polcast Media group, the owner of Polonia 1 TV, has signed a lease for approximately 500 sqm of office space at Trinity One in Warsaw. Located in Warsaw's Służewiec district, Trinity One is part of Revetas Capital's portfolio.

New appointments

  • Avison Young has named Adrian Crizbășianu, former executive at DB Schenker and VGP, as the new Head of Industrial & Logistics Agency. He has an extensive background in logistics and real estate spanning over 25 years.
  • Katarzyna Uzar joins the Valuation and Advisory team at Avison Young in Poland to take on the position of Assistant Valuer. She will support the team in creating offers and letters of appointment for valuation and will help property valuers throughout the valuation process.
  • Bartosz Chrostowski, an expert with almost 10 years of experience in commercial property, has joined real estate advisory firm Savills as an Associate Director of the landlord representation team of the office agency led by Daniel Czarnecki.

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