ARTICLES LABELLED WITH TAG Bucharest

News Fewer homes get completed in Romania in Q1-Q3 2024
11
Dec
2024

Fewer homes get completed in Romania in Q1-Q3 2024

by Property Forum
The total number of homes completed in Romania in the first nine months of the year was 42,312, down by 18.1% compared to the same period last year, according to a report by the National Institute of Statistics (INS).
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News Romanian athlete kicks off resi development in Bucharest region
11
Dec
2024

Romanian athlete kicks off resi development in Bucharest region

by Property Forum
Romanian football player Florin Tănase and FIFA agent Florin Vulturar have jointly started the development of a new residential project in Pipera, located in the northern region of Bucharest. 
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News Northern Bucharest to continue to drive resi demand
10
Dec
2024

Northern Bucharest to continue to drive resi demand

by Ovidiu Nicolae
Victor Terheș, Sales Director at Bellemonde, talked to Property Forum about the status of its €40 million residential investment in northern Bucharest and the growing demand for homes in this area in the long term.
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News LPP Group leases 42,000 sqm in CTPark Bucharest West
05
Dec
2024

LPP Group leases 42,000 sqm in CTPark Bucharest West

by Property Forum
Polish fashion producer LPP has leased 42,000 sqm in CTPark Bucharest West, which takes the total occupied area in the project to 131,000 sqm. 
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News CEE records younger office stock compared to Western Europe
05
Dec
2024

CEE records younger office stock compared to Western Europe

by Property Forum
Close to 80% of the office stock is at risk of obsolescence in markets such as Amsterdam, Paris and London, while in CEE-based capital cities this figure stands at an average of 43%, according to a report by Cushman & Wakefield Echinox.
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News Praktiker Real Estate buys office building in Bucharest
05
Dec
2024

Praktiker Real Estate buys office building in Bucharest

by Property Forum
Praktiker Real Estate, the property company owned by Turkish investor Omer Susli, has purchased the Muntenia Business Center offices, in central Bucharest, from Longshield Investment Group for €8 million.
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News Data center investors enter race for land plots in Romania
29
Nov
2024

Data center investors enter race for land plots in Romania

by Property Forum
The land market in Bucharest and other regional cities is seeing increasing demand from developers of data centers that want to accommodate growing investments in the country’s IT&C industry, according to a report by iO Partners.
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News Anchor Grup starts to deliver apartments in Bucharest project
21
Nov
2024

Anchor Grup starts to deliver apartments in Bucharest project

by Property Forum
Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase. 
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News Industrial demand in Romania falls 20% on nine months
14
Nov
2024

Industrial demand in Romania falls 20% on nine months

by Property Forum
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
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News Speedwell to start €94 million resi investment near Bucharest
12
Nov
2024

Speedwell to start €94 million resi investment near Bucharest

by Property Forum
Speedwell Development has obtained the construction permits for the first 50 luxury villas in a new residential project in Corbeanca, near Bucharest, where it plans to invest €94 million.
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Latest news


New leases

  • Polish brand Homla has opened its shop in Alfa Centrum in Białystok (eastern Poland). The store will occupy 275 sqm.
  • Maidan rented a 1,460 sqm space in the Bucharest-based Dageco Expozitiei Estate complex, for three functions: the company's offices, an event hall with a capacity of 170 people and the central catering kitchen. The lease was overseen by Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance.
  • Vattenfall IT Services Poland will move to Grundmann Office Park A. It will occupy approximately 2,600 sqm in the Katowice office building owned by Cavatina Holding.

New appointments

  • Ewelina Szczepaniak joins the office space leasing team of CPI Property Group in Poland as Leasing Manager – Offices. She will strengthen a department responsible for the lease of 20 office buildings in Warsaw with a combined area of 516,000 sqm.
  • Julia Faltus-James, an accredited professional in WELL, ActiveScore and “Green Home” certifications, and Szymon Krawczyk, an energy transition expert, have joined the Strategic Consulting & ESG Advisory team of Cushman & Wakefield.
  • Management Board of Globe Trade Centre has announced that on the 3rd of December, the company received a written statement from György Stof on his resignation as a Member of the Company's Management Board.

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