ARTICLES LABELLED WITH TAG Bucharest

News One United Properties to reconvert Bucharest office building to resi
25
Oct
2022

One United Properties to reconvert Bucharest office building to resi

by Property Forum
Romanian developer One United Properties says it will reconvert one of the office buildings in One North Gate into residential units under the One North Lofts brand. 
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News Bucharest office deliveries slow down by Q3
24
Oct
2022

Bucharest office deliveries slow down by Q3

by Property Forum
The office market is going through a period of stagnation, recording demand values similar to those of 2021, while new deliveries amounted to 105,000 sqm by September 2022, compared to 154,000 sqm in the same period of last year, according to real estate consultancy JLL Romania.
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News GTC completes refurbishment of Bucharest office project
20
Oct
2022

GTC completes refurbishment of Bucharest office project

by Property Forum
Property developer GTC has completed the refurbishment of its City Gate Complex office project in Bucharest following an investment of €3.5 million.
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News Bucharest hits 5-year office delivery low
19
Oct
2022

Bucharest hits 5-year office delivery low

by Property Forum
While Bucharest’s office stock totaled 3.3 million sqm at the end of the third quarter of 2022, there were only five new office buildings completed and just another one will be delivered by year-end, which would make it a 5-year low for the market, according to real estate consultancy CBRE. 
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News Bog’Art completes Bucharest resi project
11
Oct
2022

Bog’Art completes Bucharest resi project

by Property Forum
Romanian construction group Bog’Art has completed the development of its own luxury residential project Art City in northern Bucharest, which is valued at more than €20 million.  
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News Industrial leasing in Romania posts strong performance in Q3 2022
10
Oct
2022

Industrial leasing in Romania posts strong performance in Q3 2022

by Property Forum
Close to 50% of the warehousing surfaces for which lease contracts were signed in 2022 were transacted during July – September of this year, according to real estate consultancy Dunwell Industrial Brokerage. 
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News Property investments in Romania up 16.5% by Q3 2022
06
Oct
2022

Property investments in Romania up 16.5% by Q3 2022

by Property Forum
Investment transactions in Romania’s commercial property sector amounted to €656 million in the first three quarters of 2022, which was up 16.5% compared to the same period of last year, with offices driving deal volumes, according to real estate consultancy JLL Romania. 
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News One United Properties buys office project in Bucharest
06
Oct
2022

One United Properties buys office project in Bucharest

by Property Forum
Romanian developer One United Properties has purchased Bucharest-based office project Eliade Tower from Eurobank Greece for €9.5 million. The building is located near the company’s mixed-use complex One Floreasca City. 
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News Colliers to handle leasing of Vitan Estates in Bucharest
04
Oct
2022

Colliers to handle leasing of Vitan Estates in Bucharest

by Property Forum
US-owned Bucharest Properties REIT has appointed real estate consultancy Colliers to provide full corporate leasing services for Vitan Estates, Bucharest's first residential development exclusively for rental.
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News STC Partners gets permit for Bucharest resi project
04
Oct
2022

STC Partners gets permit for Bucharest resi project

by Property Forum
Property developer STC Partners has obtained the building permit for both phases of the Quartier Azuga residential complex, along with the Green Homes pre-certification and will start construction works for the first phase this autumn. 
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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