ARTICLES LABELLED WITH TAG Bucharest

News Louvre Hotels Group to enter Brașov
10
Feb
2023

Louvre Hotels Group to enter Brașov

by Property Forum
Hotel chain Louvre Hotels Group, part of Chinese Jin Jiang Holding, aims to reach five affiliated hotels in Romania, including projects in Brașov, Cluj-Napoca and Bucharest. 
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News Hagag's H Victoriei 139 recognised at International Property Awards
10
Feb
2023

Hagag's H Victoriei 139 recognised at International Property Awards

by Property Forum
Real estate investor-developer Hagag Development Europe has received the “Best International Award” for the Renovation/Redevelopment of H Victoriei 139, during the International Property Awards 2022-2023 Gala held in London on February 2nd. 
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News One United Properties gets permits for over 2,000 homes in Bucharest
09
Feb
2023

One United Properties gets permits for over 2,000 homes in Bucharest

by Property Forum
Romanian developer One United Properties has obtained the building permit for One Lake District, a large-scale sustainable residential development with 2,076 apartments in Bucharest. The project has a gross development value of around €337.7 million. 
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News Fashion House to expand outlet in eastern Bucharest
08
Feb
2023

Fashion House to expand outlet in eastern Bucharest

by Property Forum
Fashion House Group will start in the second quarter of this year the construction of the second phase of Fashion House Outlet Centre Pallady, which is located in the eastern part of Bucharest. 
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News Bucharest might not see new office deliveries in 2024
07
Feb
2023

Bucharest might not see new office deliveries in 2024

by Property Forum
While around 100,000 sqm of new office space is expected in Bucharest this year, no new project is slated for delivery in 2024 which would move the city into a landlord’s office market, according to Colliers. 
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News Speedwell to install PV panels on offices in Romania
07
Feb
2023

Speedwell to install PV panels on offices in Romania

by Property Forum
Property developer Speedwell says it will be installing photovoltaic panels on two of its office projects in Bucharest and Cluj-Napoca in a bid to make its building more sustainable. 
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News Industrial deliveries in Romania to exceed 500,000 sqm in 2023
02
Feb
2023

Industrial deliveries in Romania to exceed 500,000 sqm in 2023

by Property Forum
The volume of industrial and logistics projects slated for delivery in Romania this year will reach at least 510,000 sqm, compared with 875,000 sqm in 2022, according to data from JLL Romania. 
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News Pedro Construct completes office building in Bucharest
02
Feb
2023

Pedro Construct completes office building in Bucharest

by Property Forum
Romanian developer Pedro Construct has completed a new office building spanning 9,500 sqm in Bucharest following an investment of around €18 million.  
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News Bucharest office demand up 10% year-on-year
01
Feb
2023

Bucharest office demand up 10% year-on-year

by Property Forum
New demand in Bucharest's office market (new leases, pre-leases and relocations from non-competitive stock) had a share of 57% or 185,000 sqm of the total office take-up in 2022. Demand itself was up 10% year-on-year, according to a study by real estate consultancy Cushman & Wakefield Echinox. 
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News Globalworth secures 47 ESG certifications for Romanian portfolio
31
Jan
2023

Globalworth secures 47 ESG certifications for Romanian portfolio

by Property Forum
Real estate group Globalworth has received 47 ESG-related certifications for its Romanian portfolio during 2022. One of the highlights in terms of sustainability was the scoring achieved at Globalworth Square, which got a BREEAM Outstanding accreditation, with a 99% scoring.
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Latest news


New leases

  • Cărturești is set to become an anchor brand in the RIVUS project developed by Iulius, in Cluj-Napoca, where it will house the country's largest bookstore. The company will lease 2,500 sqm of space, spread across two levels.
  • M1 Poznań, managed by EPP, one of the largest family shopping centres in Wielkopolska, has just gained a new, unique tenant, CentrumRowerowe.pl, which is making its debut in Wielkopolska. In the summer, HalfPrice will also join the list of tenants of the centre, offering global brands, including fashion, home furnishings and sports goods at attractive prices. Customers can also already use the assortment of the recently opened Reporter clothing store and the Rainbow travel agency. All new contracts cover over 5,000 sqm of retail space.
  • Three companies from the PZU Group, one of the largest financial institutions in Poland and Central & Eastern Europe, have decided to lease space at Konstruktorska Business Center in Warsaw for another 10 years. The companies have renewed their lease for a total of over 6,500 sqm of modern office space in the building owned by Golden Star Group.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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