ARTICLES LABELLED WITH TAG Bucharest

News Portico Investments makes new retail purchase in Bucharest
21
Jan
2022

Portico Investments makes new retail purchase in Bucharest

by Property Forum
Portico Investments has purchased a new Profi store in Bucharest, in a bid to expand its Romanian portfolio. 
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News Yellow Tree buys office building in central Bucharest
21
Jan
2022

Yellow Tree buys office building in central Bucharest

by Property Forum
Property group Yellow Tree has acquired an office building near Victoriei Square from a company that is under administration.  
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News Primark to open first store in Bucharest by year-end
20
Jan
2022

Primark to open first store in Bucharest by year-end

by Property Forum
International retailer Primark has announced the opening of its first store in Romania as part of an expansion bid in Central and Eastern Europe. The new store will start operations towards the end of this year and will be located in Bucharest-based ParkLake Shopping Centre, owned by Sonae Sierra.
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News CTP’s industrial portfolio in Romania reaches 2.1 million sqm
20
Jan
2022

CTP’s industrial portfolio in Romania reaches 2.1 million sqm

by Property Forum
CTP’s portfolio of industrial and logistics spaces in Romania reached 2.1 million sqm in January 2022, with representatives of the company suggesting that the country can become a logistics hub for the region. 
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News New office demand in Bucharest up 47% in 2021
19
Jan
2022

New office demand in Bucharest up 47% in 2021

by Property Forum
New demand for office spaces in Bucharest soared 47% to 104,000 sqm year-on-year in 2021, while total demand volumes gained 23% to 263,000 sqm, according to real estate consultancy Colliers. 
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News Heineken Romania to relocate HQ to new building in Bucharest
18
Jan
2022

Heineken Romania to relocate HQ to new building in Bucharest

by Property Forum
Beverages maker Heineken Romania will relocate its HQ to a new building under development in northern Bucharest. The company will occupy 3,200 sqm, similar to the surface it has leased in the S-Park project, owned by Immofinanz, according to profit.ro. 
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News One United delivers first phase of Bucharest office project
17
Jan
2022

One United delivers first phase of Bucharest office project

by Property Forum
Romanian developer One United Properties has completed the first phase of Bucharest-based One Cotroceni Office Park, with a gross leasable area of 46,000 sqm. The company said it has leased 75% of the office and commercial spaces by the time of delivery. 
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News Romania’s economy can absorb higher construction costs
17
Jan
2022

Romania’s economy can absorb higher construction costs

by Ovidiu Nicolae
Bogdan Doicescu, Development Director and Executive Board Member at Bog’Art, spoke with Property Forum about the company’s construction pipeline and the outlook of the real estate market in Romania going into 2022.
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News Nordis Group reports sales of €80.9 million in 2021
14
Jan
2022

Nordis Group reports sales of €80.9 million in 2021

by Property Forum
Romanian Nordis Group, specialized in the development of hotels and residential projects, recorded sales of RON 400 million (around €80.9 million), mainly in the project located in Mamaia.
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News Forty Management to build Romania's highest residential tower
13
Jan
2022

Forty Management to build Romania's highest residential tower

by Property Forum
Romanian developer Forty Management has initiated the authorization procedure for Royal Suites Central District in northern Bucharest, with a market value of €76 million. Once completed, the building will be the tallest residential project in Romania with a height of 122 meters. 
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Latest news


New leases

  • Castorama has opened its 103rd shop in Poland. The outlet in the compact Smart concept is located in the Dekada shopping centre, at Armii Krajowej Street in Grójec. It is a 2,000-square-metre retail space, an outdoor garden zone and an assortment of around 15,000 off-the-shelf products.
  • In April this year, the House brand joined the group of tenants at CH Korona in Wrocław. The salon occupies nearly 285 sqm of sales space.
  • 18 Gym Fitness & Beauty will open a new location within Agora Arad (the former Galleria Arad) in a deal brokered by the Cushman & Wakefield Echinox. Agora Arad has a leasable area of 36,000 sqm and is currently undergoing a major refurbishment.

New appointments

  • 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.
  • Crosspoint Real Estate has appointed Oana Popescu as Partner. She has joined the Crosspoint team in the summer of 2017 and took over the lead of the residential department in 2022.
  • Urszula Sekuła has joined the Retail Institute team as Business Development Director. She will be responsible for business development in Poland and three European markets.

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