ARTICLES LABELLED WITH TAG Bucharest

News Ikea postpones opening of second Bucharest store
25
Oct
2018

Ikea postpones opening of second Bucharest store

by Property Forum
Ikea has postponed the opening of its €80 million second store in Bucharest for next year. The opening of the store in Eastern Bucharest was initially scheduled for the end of this summer.
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News Orbis expands in Romania by signing new Bucharest hotel
19
Oct
2018

Orbis expands in Romania by signing new Bucharest hotel

by Property Forum
Orbis Hotel Group, the strategic partner of AccorHotels, has signed a management contract for a new ibis Styles hotel in the city centre of Bucharest.
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News Coworking operator Spaces expands in Bucharest
18
Oct
2018

Coworking operator Spaces expands in Bucharest

by Property Forum
CBRE advised coworking operator Spaces on leasing 4,100 sqm of office space in Expo Business Park, located in the Expoziției area of Bucharest. The leasing contract exceeds the market average length of five years.
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News CEC Bank finances Bucharest mall’s expansion
18
Oct
2018

CEC Bank finances Bucharest mall’s expansion

by Property Forum
CEC Bank and Veranda Mall have signed two financing agreements totalling €34 million, aiming to refinance the development of the project and finance the expansion and modernisation of the shopping centre. Both funding rounds were provided in the form of investment credits for a period of 15 years.
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News Speedwell launches residential project in Bucharest
18
Oct
2018

Speedwell launches residential project in Bucharest

by Property Forum
Belgian real estate developer Didier Balcaen is investing €15 million in a residential project called Triama Residence in the National Arena neighbourhood of Bucharest, profit.ro reports.
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News Bucharest office occupancy costs show huge differences
11
Oct
2018

Bucharest office occupancy costs show huge differences

by Property Forum
Companies in Bucharest that operate in modern office buildings have monthly occupancy costs ranging between €175 and €500 per employee, according to an analysis by Cushman & Wakefield Echinox.
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News Hanner’s Bucharest mixed-use project to be completed by 2020
04
Oct
2018

Hanner’s Bucharest mixed-use project to be completed by 2020

by Property Forum
Fosta Fabrica, the restoration and conversion project of the former Grivita brewery in Bucharest, received all necessary permits and it is expected to be completed in 2020 by Lithuanian developer Hanner Group.
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News High supply of boutique office space in Bucharest
04
Oct
2018

High supply of boutique office space in Bucharest

by Property Forum
A record volume of boutique office space will be delivered in Bucharest by the end of this year, according to ESOP Romania’s press release.
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News WDP to invest €75 million in Romania by 2019
04
Oct
2018

WDP to invest €75 million in Romania by 2019

by Property Forum
Belgian logistics property developer Warehouses de Pauw (WDP) plans to invest €75 million in four properties on three different sites in Romania by the end of 2019.
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News Historic palace reopens as office building in Bucharest
01
Oct
2018

Historic palace reopens as office building in Bucharest

by Property Forum
The former Stock Exchange Palace, a historic heritage building located in the centre of Bucharest, has entered into a full process of commercial redevelopment.
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Latest news


New leases

  • DevHub, a Romanian software development company, has solidified its presence in the Romanian market by opening two new offices, with a total area of over 1,000 sqm, located in the office buildings within the mixed-use projects Iulius Town Timișoara and Palas Iași, developed by Iulius.
  • ELI Parks has signed an agreement with Quehenberger Logistics for the lease of 1,703 sqm of warehouse space and 56 sqm of offices within the ELI Park Bacău project.
  • Cushman & Wakefield has appointed Szczepan Gowin to head its Industrial & Logistics Agency in Poland. He has over 15 years' of international experience in logistics and supply chain management.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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