ARTICLES LABELLED WITH TAG bucharest
13
Mar
2024
Mar
2024
Vastint starts second phase of Bucharest office project
Vastint Romania will start the development of the second phase of the Timpuri Noi Square project in Bucharest after it secured all permits.
Read more >
12
Mar
2024
Mar
2024
Leroy Merlin leases 21,000 sqm of retail space in Bucharest
DIY retailer Leroy Merlin has leased two retail spaces in Bucharest with a combined area of 21,000 sqm from the Supernova Group, in a deal brokered by Cushman & Wakefield Echinox.
Read more >
11
Mar
2024
Mar
2024
Euro Vial Residence buys large land plot in Constanța
Romanian developer Euro Vial Residence has purchased a six hectare land plot in the northern area of the city of Constanța, towards Ovidiu, for €6.5 million.
Read more >
07
Mar
2024
Mar
2024
Sublease office stock in Bucharest at 67,400 sqm in 2023
The office stock in Bucharest’s sublease niche totaled 67,400 sqm in 2023, while new transactions in this segment amounted to 5,856 sqm, according to an iO Partners report.
Read more >
07
Mar
2024
Mar
2024
Danubiu Enterprises to start retail investment near Bucharest
Danbuiu Enterprises will start in Q2 2024 the development of A1 Shopping Center, a new retail project near Bucharest that will have a value over €10 million. The project is slated for completion in Q3 2025 and will target wholesale and cash & carry retailers.
Read more >
01
Mar
2024
Mar
2024
Impact Developer & Contractor records 59% fall in profit during 2023
Romanian property company Impact Developer & Contractor said its net profit amounted to 39.9 million lei (around €7 million) in 2023, down by more than 59% versus 2022 over lower revenue from residential sales.
Read more >
28
Feb
2024
Feb
2024
Lion’s Head Investments raises €150 million from IFC
Lion’s Head Investments, the commercial real estate investor owned by Old Mutual Property and AG Capital, has secured €150 million in fresh funding from the International Finance Corporation (IFC), part of the World Bank Group.
Read more >
27
Feb
2024
Feb
2024
Hotel occupancy in Bucharest up 5% in 2023
The occupancy rate in Bucharest’s hotel market was up 5% in 2023 compared to the previous year, but it remains around 10% under 2019. However, average revenue per room was up 12%, which is higher than in pre-pandemic times, according to a Cushman & Wakefield Echinox report.
Read more >
27
Feb
2024
Feb
2024
Kesz enters Romanian resi segment
Hungarian construction company Kesz Group has expanded in the Romanian residential segment and will start its first housing project in northern Bucharest. Following this move, the group will act as a construction and developer player on the local market.
Read more >
21
Feb
2024
Feb
2024
Coworking operator betahaus enters Romania
Coworking space operator betahaus has opened its first hub in Bucharest, marking its entrance in Romania. The company has leased space in the Premium Plaza office project owned by GTC in central Bucharest.
Read more >
Latest news
- What happened in CEE real estate this week?
- BIG Poland advances with retail park in central Dzierżoniów
- CityOne Group acquires logistics project in Budapest from Woco Group
- Data centre demand in Europe to soar in 2026
- Kvadrat Acoustics leases 10,000 sqm at Panattoni Park Poznań
- CA Immo inks 14,500 sqm lease for Prague-based Danube House
- Check who’s shaping Slovakia’s real estate market in 2026
- Passerinvest starts construction of 33,000 sqm office building in Prague
- Amazon to develop 200,000 sqm robotic fulfilment centre in Poland
- Globalworth reaches 60% pre-lease for new office in Bucharest
New leases
- Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
- Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
- Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.
New appointments
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
- iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
- Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
