ARTICLES LABELLED WITH TAG Bucharest

News Resi rent prices in Romania up 8.7% in 2022
30
Jan
2023

Resi rent prices in Romania up 8.7% in 2022

by Property Forum
Rent prices for apartments in major Romanian cities rose on average by 8.7% in 2022 over higher demand, according to property platform Imobiliare.ro. 
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News Office rents in Bucharest could grow in 2023
26
Jan
2023

Office rents in Bucharest could grow in 2023

by Property Forum
The office market in Bucharest could start to see a mode generalized increase in rents due to a limited volume of deliveries slated for 2023 and a limited vacancy rate for modern buildings, predict experts of Colliers. 
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News Office demand in Bucharest stays flat in 2022
25
Jan
2023

Office demand in Bucharest stays flat in 2022

by Property Forum
Demand for office space in Bucharest was flat at 286,100 sqm in 2022 compared to the previous year, while the vacancy rate fell slightly to 12.54%. Demand was driven by the IT sector, which had a share of more than 25% of the office leasing market, according to JLL Romania.
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News ELI Parks to start new industrial projects near Bucharest
25
Jan
2023

ELI Parks to start new industrial projects near Bucharest

by Property Forum
ELI Parks, the industrial network developed by Element Group and D Craig Holding, will start two new projects with a total area of 42,000 sqm in the Buftea Chitila area, in northwestern Bucharest.
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News LPP leases 65,000 sqm in CTPark Bucharest West
25
Jan
2023

LPP leases 65,000 sqm in CTPark Bucharest West

by Property Forum
Polish fashion retailer LPP has leased 65,000 sqm in CTPark Bucharest West for its new regional distribution centre that will cover southeastern Europe. The park spans around 770,000 sqm and is located near the Romanian capital.
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News Alesonor to develop facilities in resi project near Bucharest
25
Jan
2023

Alesonor to develop facilities in resi project near Bucharest

by Property Forum
Alesonor said it would kick off the development of Agora, the facilities component of the Amber Forest residential complex, which includes commercial, medical and sports investments. The developer has already secured a partnership with Pescariu Sports and has leased the first commercial space in the complex located near Bucharest.
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News Global Vision buys office building in Bucharest
19
Jan
2023

Global Vision buys office building in Bucharest

by Property Forum
Romanian industrial developer Global Vision has purchased the Nova Building office project in northern Bucharest, with the overall investment in the building set to exceed €12 million.  
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News Office demand in Bucharest up 13% in 2022
19
Jan
2023

Office demand in Bucharest up 13% in 2022

by Property Forum
Demand for new offices in Bucharest rose by 13% in 2022 compared to the previous year, with 332,922 sqm of spaces leased in the city during the past year, according to real estate consultancy Fortim Trusted Advisors. 
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News Redport Capital buys land in northern Bucharest
19
Jan
2023

Redport Capital buys land in northern Bucharest

by Property Forum
Residential developer Redport Capital has purchased a land plot of 10,800 sqm and warehouses covering 4,700 sqm near a project that the company is currently developing in the Petrom City area in northern Bucharest.
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News STC Partners gets funding for Bucharest resi project 
17
Jan
2023

STC Partners gets funding for Bucharest resi project 

by Property Forum
Romanian developer STC Partners has secured bank financing from Banca Transilvania for the first phase of Quartier Azuga residential project in Bucharest worth €6 million. 
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Latest news


New leases

  • Catering products supplier Bidfood Farutex has become the first tenant of DC4 building at Prologis Park Wrocław III, having leased 9,795 sqm. Farutex will move into its new space in August 2023.
  • Warsaw's Renova shopping mall, located in Targówek and owned by Napollo, has just opened the first outlet of the Mother Earth brand in Warsaw. The outlet will be located on the ground floor of the mall.
  • Gdańsk's Galeria Zaspa has gained a new tenant. Clothing brand Sinsay has taken nearly 600 sqm of space in the facility.

New appointments

  • Oscar Kazanelson - the current Chairman of the Supervisory Board of ROBYG - has been appointed Chairman of the Supervisory Board of Vantage Development. This is related to the decision to build synergies within the TAG Immobilien Group.
  • Piotr Chemperek has joined the experts of the Office Space Department at Colliers Poland, taking the position of Associate Director. He will be responsible for advising companies in the medical sector.
  • Magda Twarowska joins Logicenters Poland, the logistics arm of NREP, as Head of Commercial. She will be responsible for managing tenant relations and leasing activities, covering the standing assets and projects held by NREP NSF IV portfolio company, BIK S.A.


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