ARTICLES LABELLED WITH TAG Bucharest

News Bucharest office leasing soars 71% in Q1 2024
09
Apr
2024

Bucharest office leasing soars 71% in Q1 2024

by Property Forum
Office leasing in Bucharest reached 97,400 sqm in Q1 2024, up 71% compared to the same period of last year, while take-up transactions that cover relocations and new demand were flat year-on-year at 33,000 sqm, according to a CBRE report.
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News Fashion House to extend outlet centre in eastern Bucharest
09
Apr
2024

Fashion House to extend outlet centre in eastern Bucharest

by Property Forum
Fashion House Group will deliver in late June the second phase of its outlet centre in the Pallady area, eastern Bucharest, following an investment of €45 million.
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News NEPI Rockcastle completes its first resi project in Romania
08
Apr
2024

NEPI Rockcastle completes its first resi project in Romania

by Property Forum
Property group NEPI Rockcastle has completed its first residential project in Romania. The Bucharest-based Vulcan Residence complex features 254 apartments and has been delivered with an 80% sale rate.
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News Nexo Group to invest €10 million in villas near Bucharest
04
Apr
2024

Nexo Group to invest €10 million in villas near Bucharest

by Property Forum
Nexo Group, a Romanian full-service group for real estate development, construction, and housing installations, will invest €10 million in the construction of villas in Pipera area, near northern Bucharest.
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News One United Properties makes large land purchase in Bucharest
04
Apr
2024

One United Properties makes large land purchase in Bucharest

by Property Forum
Romanian developer One United Properties has purchased a 21-hectare land plot in Bucharest for an undisclosed amount. The company plans to start a new residential development that will feature around 5,000 homes.
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News InteRo Property Development to invest over €170 million in northern Bucharest
03
Apr
2024

InteRo Property Development to invest over €170 million in northern Bucharest

by Property Forum
InteRo Property Development, owned by the Canadian Topolinski Family, has planned investments in northern Bucharest that will exceed €170 million.
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News WDP buys retail park near Bucharest
01
Apr
2024

WDP buys retail park near Bucharest

by Property Forum
Industrial developer WDP has purchased wholesale retail park Expo Market Doraly from ARA Europe and Romanian investor Gheorghe Iaciu for an undisclosed sum.
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News Cluj-Napoca drives office leasing among regional Romanian cities
29
Mar
2024

Cluj-Napoca drives office leasing among regional Romanian cities

by Property Forum
Office leasing in regional cities reached 37,441 sqm during 2023, equivalent to 18% of the space leased on the Bucharest market in the same period, according to a Fortim Trusted Advisors report.
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News C&W Echinox to manage Expo Business Park
25
Mar
2024

C&W Echinox to manage Expo Business Park

by Property Forum
CPI Romania has named Cushman & Wakefield Echinox as manager of Expo Business Park in Bucharest.
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News Romanian entrepreneurs buy land in Bucharest for resi project
20
Mar
2024

Romanian entrepreneurs buy land in Bucharest for resi project

by Property Forum
Romanian entrepreneurs Cristian and Teo Mercinoiu have bought a land plot near the Victoriei Square in central Bucharest, in a deal brokered by iO Partners.
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.
  • Oliver Derksen is joining iO Partners Romania as the new Head of Office Advisory, having over 16 years of expertise in office leasing and business development.
  • 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.

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