ARTICLES LABELLED WITH TAG bucharest

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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News - Prima to develop 491 apartments in Western Bucharest
11
Nov
2024

Prima to develop 491 apartments in Western Bucharest

by Property Forum
Romanian property developer Prima Development Group has obtained the construction authorization for a new residential complex with 491 apartments in the western part of Bucharest.
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News - Romania’s long term retail pipeline reaches 800,000 sqm
07
Nov
2024

Romania’s long term retail pipeline reaches 800,000 sqm

by Property Forum
The retail market in Romania has room for growth, considering that short-to-long term pipeline exceeds 800,000 sqm, consisting of projects under construction or in different permitting stages, which are due to be completed by the end of the decade. 
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News - Meta Estate Trust invests in land plot in central Bucharest
04
Nov
2024

Meta Estate Trust invests in land plot in central Bucharest

by Property Forum
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
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News - Bellmonde accelerates sales for resi project near Bucharest
31
Oct
2024

Bellmonde accelerates sales for resi project near Bucharest

by Property Forum
The Bellemonde residential complex in Pipera, near Bucharest, is recording growth in sales for its villas and apartments.
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News - Residential developers need to be flexible
31
Oct
2024

Residential developers need to be flexible

by Property Forum
The Romanian residential market is navigating through many changes. This means that developers need to be flexible in order to adapt to all changes, as the speakers of the residential panel of SEE Property Forum 2024 concluded.
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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