ARTICLES LABELLED WITH TAG bucharest

News - Eden Capital launches new high-end resi project in northern Bucharest
01
Aug
2024

Eden Capital launches new high-end resi project in northern Bucharest

by Property Forum
Romanian developer Eden Capital aims to deliver by H2 2026 a new high-end residential complex in northern Bucharest with an estimated value of €130 million. 
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News - Industrial leasing in Romania down 25% in H1 2024
01
Aug
2024

Industrial leasing in Romania down 25% in H1 2024

by Property Forum
The leasing volume of industrial and logistics spaces in Romania amounted to 410,500 sqm during H1 2024, down by 25% versus the same period of last year, with close to half of the total take-up recorded in Bucharest region, according to a Cushman & Wakefield Echinox report. 
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News - InteRo kicks off mixed-use development in Bucharest
01
Aug
2024

InteRo kicks off mixed-use development in Bucharest

by Property Forum
InteRo Property Development, owned by the Canadian Topolinski investors family, has kicked off the construction of a new mixed-use project in Bucharest with a valuation of €1 billion. 
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News - Bucharest office pipeline stands at 46,900 sqm by 2026
30
Jul
2024

Bucharest office pipeline stands at 46,900 sqm by 2026

by Property Forum
The ongoing construction of office projects in Bucharest fell by around 50% year-on-year by H1 2024, to 46,900 sqm, with their completion scheduled for 2024-2026, according to an iO Partners report. 
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News - Office leasing volume in Romania grows in H1 2024
30
Jul
2024

Office leasing volume in Romania grows in H1 2024

by Property Forum
The office leasing volume closed in H1 2024 grew by 0.2% compared to the same period of last year, with Bucharest seeing the biggest activity, followed by Cluj-Napoca and Timișoara, according to a report by Fortim Trusted Advisors.
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News - One United Properties boosts financing deal by €20 million
30
Jul
2024

One United Properties boosts financing deal by €20 million

by Property Forum
Romanian developer One United Properties has announced the contracting of a €20 million increase in the financing obtained in 2021 for the development of One Cotroceni Park Office Phases 1 and Phase 2. The financing increase was backed by BCR and BRD and will be used to reimburse shareholder loans and cover other costs related to the credit facility increase transaction. 
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News - Kinstellar advises Globalworth on deal with WDP
24
Jul
2024

Kinstellar advises Globalworth on deal with WDP

by Property Forum
Law firm Kinstellar has advised Globalworth on the sale of a logistics portfolio in Romania to WDP, in one of the biggest industrial transactions completed in Romania in the year to date.
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News - LPP reaches 90,000 sqm of warehouse space in CTPark Bucharest West
23
Jul
2024

LPP reaches 90,000 sqm of warehouse space in CTPark Bucharest West

by Property Forum
Polish fashion retailer LPP has reached 90,000 sqm of leased space in CTPark Bucharest West, after opening a new e-commerce facility spanning 40,000 sqm in the project. 
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News - There is a downward trend in raw material prices
22
Jul
2024

There is a downward trend in raw material prices

by Property Forum
Attila Beer, Country Manager at Alukönigstahl Romania & Republic of Moldova, spoke to Property Forum about the company’s growth plans for 2024 and the outlook for the residential sector, which generated 80% of its sales last year.
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News - RE/MAX network expands in Romania
22
Jul
2024

RE/MAX network expands in Romania

by Property Forum
Residential broker RE/MAX has announced the expansion of its Romanian network with five new franchises in five cities. 
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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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