ARTICLES LABELLED WITH TAG Bucharest

News Prima Development makes large land purchase in Bucharest
29
Apr
2024

Prima Development makes large land purchase in Bucharest

by Property Forum
Prima Development Group has purchased a land plot spanning 6 hectares in northern Bucharest, where it plans to develop a large-scale residential project. The developer already owns another land plot of 5 hectares in the same area.
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News Kinstellar advises House of Julius Meinl on Hotel Ambasador deal
25
Apr
2024

Kinstellar advises House of Julius Meinl on Hotel Ambasador deal

by Property Forum
Kinstellar has advised the hospitality division of the House of Julius Meinl on the completion of the purchase of the Hotel Ambasador, one of the most famous hotels in Bucharest. Operating continuously since 1937, it is an iconic landmark in the city. 
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News Hercesa’s resi pipeline in Bucharest counts 1,000 units
25
Apr
2024

Hercesa’s resi pipeline in Bucharest counts 1,000 units

by Property Forum
Hercesa Romania has 1,000 apartments under construction and in preparation in two residential projects based in Bucharest.
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News STC Partners stars second phase of Bucharest resi project
25
Apr
2024

STC Partners stars second phase of Bucharest resi project

by Property Forum
STC Partners has kicked off the development of the second phase of residential complex Quartier Azuga in Bucharest, with a planned investment of more than €15 million.
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News Genesis Property buys land in western Bucharest
23
Apr
2024

Genesis Property buys land in western Bucharest

by Property Forum
Romanian developer Genesis Property has purchased a 30,000 sqm land plot from Stizo Invest, for an undisclosed sum, in a transaction brokered by Colliers.
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News Property investments in Romania soar 33% in Q1 2024
22
Apr
2024

Property investments in Romania soar 33% in Q1 2024

by Property Forum
Real estate investments in Romania reached €205.75 million during Q1 2024, up 33% year-on-year, driven by the retail sector, shows a Fortim Trusted Advisors report.
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News Julius Meinl Living buys hotel in Bucharest
22
Apr
2024

Julius Meinl Living buys hotel in Bucharest

by Property Forum
Julius Meinl Living has completed the purchase of Ambasador Hotel in Bucharest, with the project set to undergo a major revamp and reopen as The Julius Bucharest in 2027.
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News One United Properties reports resi sale fall in Q1 2024
22
Apr
2024

One United Properties reports resi sale fall in Q1 2024

by Property Forum
Romanian developer One United Properties said its residential sales and pre-sales volumes totaled €57.1 million in Q1 2024, down by around 10% year-on-year.
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News River Development names new Managing Partner
17
Apr
2024

River Development names new Managing Partner

by Property Forum
Romanian developer River Development has appointed Oana Rădulea as Managing Partner, replacing Liviu Birău. She assumed her new role in January 2024.
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News One United Properties shareholders raise close to €44 million from sale
15
Apr
2024

One United Properties shareholders raise close to €44 million from sale

by Property Forum
The two main shareholders of One United Properties, Victor Căpitanu and Andrei Diaconescu, sold shares in the company alongside minority shareholders CC Trust AG and Altius SA. 
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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