ARTICLES LABELLED WITH TAG bucharest
06
Jun
2023
Jun
2023
Andreea Păun, Griffes: "Headline office rents in Bucharest to remain on growth path"
Andreea Păun, Managing Partner of Griffes, spoke with Property Forum about the outlook of rents and new office developments in Bucharest as well as the demand trends. This year, Griffes aims to close 10% more leasing deals with a combined value of more than €20 million.
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01
Jun
2023
Jun
2023
Lion Capital buys large land plot in Constanța
Lion Capital, a public financial investment company, has purchased a land plot of 11 hectares in western Constanța in a deal valued at more than €10 million.
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31
May
2023
May
2023
Bucharest permitting limitations to put pressure on office rents
The massive delays in the issuance of permits for new real estate projects in Bucharest will put upward pressure on office rents, according to a report by Griffes
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31
May
2023
May
2023
STC Partners reaches 50% sale rate for resi project in Bucharest
STC Partners has reached a 50% sale rate for the first phase of its residential project Quartier Azuga, which is under development in Bucharest.
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30
May
2023
May
2023
Bucharest drives office leasing within Romania in Q1 2023
Bucharest accounted for 75% of the total office space that was leased across major Romanian cities in Q1 2023 according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
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29
May
2023
May
2023
Honeywell takes 24,000 sqm from Globalworth in Bucharest
Software industrial company Honeywell has expanded its lease in Globalworth’s BOC office building in Bucharest and will occupy over 24,000 sqm.
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29
May
2023
May
2023
Speedwell expands industrial project near Bucharest
Belgian developer Speedwell has started the construction works for the second phase of development for SpacePlus West project, near Bucharest. The new development will have a leasable area of 7,000 sqm, while the whole project will reach 10,000 sqm.
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25
May
2023
May
2023
NEPI Rockcastle obtains certificate for Ploiești Shopping City
Property group NEPI Rockcastle has obtained a BREEAM In-Use V6 Excellent certification for Ploiești Shopping City as part of its strategy to upgrade its operations to the highest ESG standards.
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23
May
2023
May
2023
One United Properties sells office building in Bucharest
Romanian developer One United Properties has sold Bucharest-based One North Gate, an office building spanning 4,500 sqm with an occupancy rate of 80%, to Element Investiții Imobiliare, owned by domestic investors, in a deal worth €6 million.
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23
May
2023
May
2023
Bucharest hotel occupancy gets close to pre-pandemic levels
The occupancy of Bucharest hotels increased by 33% in the first quarter compared with the same period of last year, and remains about 5% below the 2019 level, according to a report by Cushman & Wakefield Echinox.
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Latest news
- Construction outlook in Eastern Europe looks positive in 2026
- Czech property market hits investment record of €4.1 billion in 2025
- Nepi Rockcastle names Marius Barbu as new COO
- What the surge in technical services demand means for property investments in 2026
- ELI Parks expands industrial project in Iași
- RC2, Antares Management sell 4-star hotel in Mamaia
- Trigea acquires Wola Center in major Warsaw office deal
- Panattoni delivers 15,000 sqm factory for E.G.O. in Łódź
- P3 signs new Mexen deal for 41,000 sqm warehouse in Poland
- SCF launches retail park fund targeting 10% annual returns
New leases
- Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
- Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
- Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
