ARTICLES LABELLED WITH TAG Bucharest

News Market liquidity set to grow in Romania
15
May
2023

Market liquidity set to grow in Romania

by Property Forum
Romania’s property sector has more liquidity and deals are taking place across sectors, although the country is not in a late stage of price discovery, concluded speakers of the dealmakers panel at the Spring Networking Party 2023, organised by Property Forum earlier this month in Bucharest
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News One United Properties posts 68% gain in resi sales in Q1 2023
12
May
2023

One United Properties posts 68% gain in resi sales in Q1 2023

by Property Forum
Romanian developer One United Properties recorded a turnover of €89.3 million in Q1 2023, up 27% compared to the same period of last year, while the net profit more than doubled to €30.8 million in the first quarter over higher residential sales and growing rental income. 
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News Șerban & Musneci Associates launches SMA Real Estate Kluster
11
May
2023

Șerban & Musneci Associates launches SMA Real Estate Kluster

by Property Forum
Communication consultancy Șerban & Musneci Associates has launched SMA Real Estate Kluster, a new division that is exclusively dedicated to the Romanian property market. 
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News Ascott hotel chain to enter Romania
09
May
2023

Ascott hotel chain to enter Romania

by Property Forum
The Ascott Limited (Ascott), one of the world's biggest hospitality owners and operators with a presence in over 260 cities, will enter Romania following an agreement with local developer Forty Management. The planned hotel in Bucharest will be operated by the luxury brand The Crest Collection.  
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News Romanian investors top €1 billion in deals over five years
09
May
2023

Romanian investors top €1 billion in deals over five years

by Property Forum
Romanian investors have made real estate acquisitions worth €1.1 billion in the last 5 years, having a share of 28% in the investment volume recorded in this period, according to a report by Cushman & Wakefield Echinox.
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News Resi deliveries in Romania hit record in 2022
03
May
2023

Resi deliveries in Romania hit record in 2022

by Property Forum
The residential market in Romania registered a record number of deliveries of 73,332 new homes during 2022, up 3% compared to 2021, driven by the growth in regional cities, according to a report by Colliers Romania.
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News Office leasing in Bucharest down in Q1 2023
28
Apr
2023

Office leasing in Bucharest down in Q1 2023

by Property Forum
New demand for offices in Bucharest fell by almost half in the first quarter of 2023 compared to the same period of last year, while total demand also declined by about 25%, according to data from real estate consultancy Colliers. 
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News Property investments in Romania up 73% in Q1 2023
24
Apr
2023

Property investments in Romania up 73% in Q1 2023

by Property Forum
Commercial property investment in Romania amounted to €149.6 million in the first quarter of 2023, up by 73% compared to the same period of last year, with the biggest contributions from the industrial and office segments, according to real estate consultancy Crosspoint Real Estate.
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News Adventum secures BREEAM certification for HBC in Bucharest
20
Apr
2023

Adventum secures BREEAM certification for HBC in Bucharest

by Property Forum
Hungarian investment fund Adventum Group has achieved the Excellent rating in accordance with the BREEAM In-Use standard for green buildings certification for its Hermes Business Campus (HBC) office project based in Bucharest.
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News P3 Logistic Parks inks lease deals for 20,500 sqm near Bucharest
12
Apr
2023

P3 Logistic Parks inks lease deals for 20,500 sqm near Bucharest

by Property Forum
P3 Logistic Parks has announced the contract renewals and extensions for Logistic E Van Wijk and HOPI Logistics, which are some of the longest-standing tenants in the company’s portfolio. The two companies will occupy around 20,538 sqm of logistics spaces and offices within the park. 
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Latest news


New leases

  • Bebe Tei is scheduled to open in Q1 2026 a store spanning over 1,700 sqm in Iulius Mall Cluj. At the same time, dm drogerie markt will open this autumn a new unit spanning over 500 sqm in the same project.
  • Activ Property Services brokered the transaction in which moveX leased 3,300 sqm of modern logistics space within the Mega Company Park in Chiajna, near Bucharest.
  • The Polish branch of Lufthansa Technik AG, a global provider of maintenance, repair and overhaul services for civil aviation, has joined the group of tenants at the Infinity office building in Wrocław. The company has leased over 860 sqm of office space in the building, in the heart of the city on ul. Legnicka. Lufthansa Technik AG will move into its new headquarters in April 2026. The lease was signed for seven years.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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