ARTICLES LABELLED WITH TAG bucharest

News - IBB Holding starts resi investment in Bucharest region
11
Apr
2024

IBB Holding starts resi investment in Bucharest region

by Property Forum
IBB Holding Romania, founded by Romanian entrepreneur Ion Crăciunescu, has started the development of a new residential complex in Pipera, near northern Bucharest, which will have a market value of around €160 million.
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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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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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