ARTICLES LABELLED WITH TAG Bucharest

News CBRE Romania gets leasing mandate for H Știrbei Palace
25
Jun
2024

CBRE Romania gets leasing mandate for H Știrbei Palace

by Property Forum
CBRE Romania will get involved in the leasing strategy of H Știrbei Palace, a new shopping gallery for luxury brands developed by Hagag Development Europe in central Bucharest.
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News Office and industrial headline rents show upward trend
25
Jun
2024

Office and industrial headline rents show upward trend

by Ovidiu Nicolae
Ema Iftimie, Managing Director at Globalworth Romania, spoke with Property Forum about the group’s office pipeline in Romania and the plans for the existing commercial portfolio that has been completed following an investment of more than €900 million.
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News HILS Development rolls out edutainment project in Bucharest
24
Jun
2024

HILS Development rolls out edutainment project in Bucharest

by Property Forum
Romanian developer HILS Development has designed a space simulating the development of a residential project within Bucharest-based edutainment project Destiny Park.
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News Demand for smaller spaces to dominate Bucharest's office market
20
Jun
2024

Demand for smaller spaces to dominate Bucharest's office market

by Ovidiu Nicolae
Yitzhak Hagag, Co-Founder and Shareholder, Hagag Development Europe, spoke with Property Forum about the increasing demand for the company’s boutique office buildings in central Bucharest and the strong sales book for its residential developments in the city. The company has a development budget totalling €195 million.
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News STC Partners secures €10 million financing for Bucharest resi project
20
Jun
2024

STC Partners secures €10 million financing for Bucharest resi project

by Property Forum
STC Partners has obtained a bank loan of €10 million from Banca Transilvania for the construction of the second phase of its Quartier Azuga residential project in Bucharest.
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News Prime Kapital to deliver second phase of resi project near Bucharest in 2025
19
Jun
2024

Prime Kapital to deliver second phase of resi project near Bucharest in 2025

by Property Forum
Prime Kapital aims to deliver by the end of 2025 the second phase of its Avalon Estate residential project based near Bucharest.
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News One United Properties secures €47 million bank financing
19
Jun
2024

One United Properties secures €47 million bank financing

by Property Forum
Romanian developer One United Properties has secured a €47 million loan from Banca Transilvania.
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News Skanska assess tenant satisfaction in Equilibrium 1 offices
19
Jun
2024

Skanska assess tenant satisfaction in Equilibrium 1 offices

by Property Forum
The services, green spaces, and recreational areas in the Bucharest-based Equilibrium 1 office project are valued by more than 90% of employees working in the building developed by Skanska in northern Bucharest, according to a company survey.
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News Well-located ESG-compliant offices will be in much higher demand
17
Jun
2024

Well-located ESG-compliant offices will be in much higher demand

by Ovidiu Nicolae
Alina Necula, Country Manager Romania Lion’s Head, talked to Property Forum about the company’s plans to develop its first logistics projects in Romania and the strategic leasing transactions closed in the company’s flagship office project, Oregon Park in Bucharest.
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News Metav starts new resi development near Bucharest
13
Jun
2024

Metav starts new resi development near Bucharest

by Property Forum
Romanian developer Metav has obtained the construction permit for a new residential project in Pipera, near Bucharest, and will start the development of the project this month.
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Latest news


New leases

  • Revetas Capital announced that Bonarka for Business “B4B” has secured a lease extension contract with a company of Hitachi Group - GlobalLogic. The company, a leader in digital product engineering, has been a tenant in B4B since 2016 and leases in total of 6,500 sqm of office space in Building F.
  • GTC has extended its lease for 1,700 square meters of office space with pharmaceutical company Egis Polska. The company will continue its operations in the Corius building at the Aeropark Business Centre in Warsaw.
  • IMSAT, a company that offers integrated engineering, electrical, automation, and industrial technology solutions, has expanded its office space, within Bucharest-based The Bridge office building, to 3,800 sqm. The deal was brokered by Cushman & Wakefield Echinox.

New appointments

  • GTC has announced the appointment of Sebastian Junghänel to the Management Board as Chief Operating Officer, effective 2 September 2025. With more than 18 years of experience in the real estate sector across Germany and CEE, Sebastian brings strong expertise in asset management, project development, ESG and innovation. His career includes co-founding ZEITGEIST Asset Management, where he built a €1 billion portfolio, and senior management roles at HOCHTIEF Group. At GTC, Sebastian will focus especially on the oversight of our portfolio in Germany, which includes, includes 5,200 residential units in Kaiserslautern, Helmstedt, Heidenheim, and surrounding areas. His know-how will also support our development projects in Central and Southeastern Europe.
  • Justyna Filipczak has taken up the position of Executive Vice President of the CEE residential segment and joined YIT's management team.
  • Avison Young's Valuation and Advisory team in Poland has welcomed a new member, Michał Marynowski, who takes the role of Assistant Valuer. Among other experiences, he worked at the Court of Appeal in Warsaw, where he was responsible for verifying execution documentation for selected investments, updating data in the premises database for court buildings, and analysing tender bids. Proficient in GIS, AutoCAD, and Revit, he also has strong skills in interpreting planning documents.

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