ARTICLES LABELLED WITH TAG Bucharest

News NEPI Rockcastle resi project in Bucharest reaches 35% sale rate
25
May
2022

NEPI Rockcastle resi project in Bucharest reaches 35% sale rate

by Property Forum
NEPI Rockcastle says it has reached a 35% sale rate for its first residential project in Bucharest in the first seven months of development.
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News AFI completes refurbishment of Bucharest office building
23
May
2022

AFI completes refurbishment of Bucharest office building

by Property Forum
AFI Europe Romania has completed the refurbishment of all public areas within its AFI Lakeview office building in Bucharest following an investment of around €2 million. 
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News SIF Banat-Crișana’s Bucharest land purchase challenged in court
23
May
2022

SIF Banat-Crișana’s Bucharest land purchase challenged in court

by Property Forum
Tabogo Property, a company owned by Canadian investor Michael Topolinski, has challenged in court SIF Banat-Crișana’s purchase of a land plot in Bucharest. The financial company won the €33.59 million tender for Belvedere Cigarette Factory last week.
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News Plaza Centers seeks damages from Romania in court
23
May
2022

Plaza Centers seeks damages from Romania in court

by Property Forum
Property developer Plaza Centers is seeking €262.2 million in damages from the Romanian state, alleging that it recorded massive losses from the Casa Radio project in Bucharest. The company filed a complaint with the International Centre for Settlement of Investment Disputes (ICSID) in Washington. 
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News Bucharest-based Golden Tulip Victoria hotel sold
23
May
2022

Bucharest-based Golden Tulip Victoria hotel sold

by Property Forum
Hotel group Real Estate&Constructii, controlled by David Fattal, has completed the acquisition of Golden Tulip Victoria hotel in Bucharest, according to rhn.ro. 
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News Bucharest’s office vacancy rate at 16.5% in Q1 2022
20
May
2022

Bucharest’s office vacancy rate at 16.5% in Q1 2022

by Property Forum
The vacancy rate in Bucharest’s office market remained flat at 16.5% in the first quarter of 2022, similar to last year, although there is a growing gap between Class A projects and older buildings in areas with lower demand, according to real estate consultancy Colliers. 
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News Țiriac Imobiliare delivers office project in central Bucharest
17
May
2022

Țiriac Imobiliare delivers office project in central Bucharest

by Property Forum
Romanian developer Țiriac Imobiliare has officially opened its new office project in central Bucharest, located near Victoriei Square. 
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News HAVI reports sustainability results from Chitila Logistics Hub
17
May
2022

HAVI reports sustainability results from Chitila Logistics Hub

by Property Forum
Supply chain operator HAVI says it will obtain a reduction of carbon emissions by 7,000 tonnes over its 10-year lease in Chitila Logistics Hub, where it has been present for six months. 
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News IMPACT Developer & Contractor records Q1 profit growth of 49%
17
May
2022

IMPACT Developer & Contractor records Q1 profit growth of 49%

by Property Forum
Romanian IMPACT Developer & Contractor has recorded a gross profit of 16.7 million lei (€3.3 million) in the first quarter of 2022, up 49% compared to the same period of last year over higher residential sales. 
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News One United Properties Q1 2022 turnover up 81%
16
May
2022

One United Properties Q1 2022 turnover up 81%

by Property Forum
Romanian developer One United Properties said its first quarter turnover gained 81% to €70.5 million compared to Q1 2021, while its gross profit rose almost fourfold to €42 million over higher residential sales and rental income. 
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Latest news


New leases

  • International 3PL operator Global Reach Logistics signed a lease agreement for 26,500 sqm at Prologis Park Poznań II, announced 108 Agency who has contributed to this project.
  • The Polish branch of Japanese logistics company Yusen Logistics has leased 8,700 sqm of additional warehouse space in Goodman’s Toruń Logistics Centre, bringing it up to full occupancy.
  • Hines has announced the signing of a new seven-year lease with clothing company Local Heroes at the Ambassador office building in Warsaw .The new tenant will initially occupy 570 sqm of temporary space, with plans to expand to 651 sqm later this year.

New appointments

  • Dorota Mielke has joined Office Agency team of BNP Paribas Real Estate Poland and taken the position of Associate Director. Her main task in the new role will be taking care of business development and advising on office strategies and space rental.
  • Dariusz Domański has been promoted to be a Managing Partner at White Star Real Estate in Poland. He will be responsible for Residential Development business of White Star Real Estate and White Star Residential Management operating businesses. Darek will also continue to manage White Star’s flagship project- Elektrownia Powiśle.
  • Mariusz Cieśliński has joined the Polish team of MNK Partners to take up the position of Investment Manager. In his new role, he will be responsible for supporting the investment processes of funds across Europe.


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