ARTICLES LABELLED WITH TAG Bucharest

News Nusco Imobiliara sells 30% of homes in Bucharest project
05
Dec
2023

Nusco Imobiliara sells 30% of homes in Bucharest project

by Property Forum
Nusco Imobiliara has already sold 30% of the residential units comprising the second phase of urban regeneration project Nusco City, based in northern Bucharest.
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News HILS Development to start large mixed-use project in Bucharest
28
Nov
2023

HILS Development to start large mixed-use project in Bucharest

by Property Forum
Romanian developer HILS Development has announced the launch of a new mixed-use scheme in Bucharest that will include residential, office and retail components that will cover 180,000 sqm.
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News Bucharest office leasing up 46% by Q3 2023
28
Nov
2023

Bucharest office leasing up 46% by Q3 2023

by Property Forum
The office leasing activity in Bucharest totaled 292,000 sqm in the first three quarters of 2023, up by 46% compared to the same period of last year, according to iO Partners data.
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News Bucharest street ranked 50 out of most expensive retail locations in Europe
24
Nov
2023

Bucharest street ranked 50 out of most expensive retail locations in Europe

by Property Forum
Bucharest-based Calea Victoriei is the 50th most expensive main retail street out of 57 locations based in Europe, according to a Cushman & Wakefield report. On this ranking, Bucharest is behind Ljubljana, with a monthly rent of €55 per sqm.
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News Accor and Construcții Erbașu expand hotel deal in Romania
24
Nov
2023

Accor and Construcții Erbașu expand hotel deal in Romania

by Property Forum
Hospitality group Accor and Romanian construction firm Construcții Erbașu have signed hotel management agreements for two new hotels in Bucharest and Oradea. The companies have also extended the current management agreement for ibis Styles Bucharest Erbas.
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News CEE-based capital cities run the risk of office shortages
13
Nov
2023

CEE-based capital cities run the risk of office shortages

by Property Forum
Higher construction costs and the unfavourable economic situation in Europe are impacting the future development of new offices in the region, especially in capital cities like Prague, Bratislava, Budapest and Bucharest.
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News Meta Estate Trust invests in Bucharest resi project
10
Nov
2023

Meta Estate Trust invests in Bucharest resi project

by Property Forum
Romanian investment company Meta Estate Trust has entered into a partnership for the development of a premium boutique residential project in Bucharest. The company will invest €1.4 million in the project comprising 21 apartments that will be completed within the next 12 months.
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News Kinstellar Bucharest expands real estate practice
09
Nov
2023

Kinstellar Bucharest expands real estate practice

by Property Forum
Law firm Kinstellar Bucharest has expanded its real estate practice by hiring Corina Stanciu as Senior Associate and Cristiana Mic-Soare as Special Counsel. 
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News Hyatt looks to develop its first hotel in Romania
09
Nov
2023

Hyatt looks to develop its first hotel in Romania

by Property Forum
Luxury hospitality group Hyatt is planning the development of its first hotel in Romania as part of its expansion into CEE. The company is looking to develop an upper scale hotel in Bucharest with around 200 rooms.
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News Mixed-use schemes help companies retain talent
09
Nov
2023

Mixed-use schemes help companies retain talent

by Property Forum
Despite a challenging financing environment, mixed-use developments are gaining ground in Romania as they provide a better mix of facilities for end–users and tenants, concluded speakers of the mixed-use panel of SEE Property Forum 2023, held in Bucharest recently.
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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

  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • 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.

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