ARTICLES LABELLED WITH TAG Bucharest

News One United Properties records sharp increase in profits
28
Feb
2022

One United Properties records sharp increase in profits

by Property Forum
Romanian developer One United Properties recorded revenues of 1.1 billion lei (€222 million) during 2021, up 105% year-on-year, while the gross profit expanded almost two-fold to 603.5 million lei (€122 million) over higher residential sales and increased rental income. 
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News Impact Developer & Contractor reports higher residential sales in 2021
25
Feb
2022

Impact Developer & Contractor reports higher residential sales in 2021

by Property Forum
Romania's Impact Developer & Contractor says it sold 430 residential units during 2021, of which pre-sold apartments sales gained 37% to 250 million lei (€50.5 million), while the rest of 183 units were worth 138 million (€27.8 million). 
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News Fashion House Group expands Bucharest outlet centre
24
Feb
2022

Fashion House Group expands Bucharest outlet centre

by Property Forum
Fashion House Outlet Centre Pallady will undergo an expansion of 5,674 sqm roughly one year after the delivery of the first phase of the project located on the eastern outskirts of Bucharest. 
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News Home listing prices in Romania up 3.4% in Q4 2021
23
Feb
2022

Home listing prices in Romania up 3.4% in Q4 2021

by Property Forum
List prices for residential properties in Romania rose by 3.4% in the last quarter of 2021 compared to the previous three months. 
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News New office supply in Bucharest to hit 5-year low in 2022
23
Feb
2022

New office supply in Bucharest to hit 5-year low in 2022

by Property Forum
With six new office buildings slated for delivery this year, the leasable stock will grow by 135,700 sqm, which is the lowest level since 2017, according to real estate consultancy CBRE.
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News Forty Management secures €65 million loan for Bucharest project
16
Feb
2022

Forty Management secures €65 million loan for Bucharest project

by Property Forum
Romanian developer Forty Management has secured a syndicated loan worth €65 million for a new mixed-use project in Bucharest. 
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News Fortim grows property management arm in Cluj
16
Feb
2022

Fortim grows property management arm in Cluj

by Property Forum
Fortim, a member of the BNP Paribas Real Estate Alliance, has expanded its property management portfolio with the office project Maestro Center in Cluj-Napoca and Tureni Industrial Park in Cluj County. 
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News New retail supply of 100,000 sqm expected in Romania this year
10
Feb
2022

New retail supply of 100,000 sqm expected in Romania this year

by Property Forum
Around 100,000 sqm of new retail spaces should be completed during 2022 in Romania, of which more than 80% are located in retail parks, according to a report by real estate consultancy Cushman & Wakefield Echinox. 
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News Alesonor inks deal with Holcim for green villas near Bucharest
10
Feb
2022

Alesonor inks deal with Holcim for green villas near Bucharest

by Property Forum
Property developer Alesonor has signed a partnership with Holcim Romania Group for the supply of innovative construction materials that will be used in the Amber Forest suburb near Bucharest. 
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News One United Properties completes retail deal in Bucharest
08
Feb
2022

One United Properties completes retail deal in Bucharest

by Property Forum
Romanian developer One United Properties has completed the acquisition of the Bucharest-based Bucur shopping centre. 
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Latest news


New leases

  • DB Logistic has signed a new lease agreement at SEGRO Logistics Park Gliwice. The company has decided to expand occupied space by a third to a total of nearly 5,000 sqm.
  • Low-cost airline flydubai has opened a new office Bucharest-based Eminescu Offices, in a deal brokered by Cushman & Wakefield Echinox.
  • LCP Properties has finalised two further leases for M Park Pionki. The CCC shoe shop will occupy 400 sqm in the building, while the area of the Xtreme Fitness gym will reach 600 sqm.

New appointments

  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.
  • Hagag Development Europe has named Ana-Maria Nemțanu as Leasing Director. She has over 17 years’ worth of experience in the local real estate industry.
  • Emilia Dębowska has been promoted to the position of Head of Sustainability Europe of Panattoni. In her new role, she will be responsible for Panattoni’s integrated sustainable development strategy encompassing both the company’s business goals and the development of its projects in Europe for every country in which the developer is active.

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