ARTICLES LABELLED WITH TAG bucharest
02
Nov
2023
Nov
2023
IMPACT completes PV park in Bucharest resi project
Romanian developer IMPACT Developer & Contractor has completed a photovoltaic park in its Bucharest-based Greenfield Băneasa residential project. The company has invested around €2.75 million in the project that has a total capacity of 700 kWp.
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31
Oct
2023
Oct
2023
Hagag Development Europe starts its first retail project in Bucharest
Hagag Development Europe has kicked off the construction works for the consolidation and repurposing of Știrbei Palace on Calea Victoriei. The building will be transformed into H Știrbei Palace, the company's first retail project in Bucharest.
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31
Oct
2023
Oct
2023
Akcent Development starts resi project in northern Bucharest
Romanian developer Akcent Development has started the construction of the Akcent City project, consisting of 723 apartments, in northern Bucharest. The company is investing around €90 million in the project expected for delivery in H2 2025.
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23
Oct
2023
Oct
2023
CBRE to manage U-Center 1 office building in Bucharest
Pavăl Holding has appointed CBRE as manager of its U-Center 1 office building. The manager will oversee all aspects of the property in relation to tenants, subcontractors, and authorities.
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10
Oct
2023
Oct
2023
Garanti BBVA extends office lease in YUNITY Park
Garanti BBVA bank has extended its lease in YUNITY Park project for the next five years, maintaining its 7,200 sqm HQ in the building owned by Genesis Property. With the recent transaction, the lender will reach 20 years of constant presence in the same business campus.
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10
Oct
2023
Oct
2023
Nusco Imobiliara to start second phase of Nusco City in Bucharest
Nusco Imobiliara has secured the construction permit for the second phase of its Nusco City mixed-use scheme based in northern Bucharest.
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10
Oct
2023
Oct
2023
Deloitte renews 12,500 sqm office lease in Oregon Park
Deloitte has renewed the office lease agreement for its three delivery centres spanning 12,500 sqm in Bucharest-based Oregon Park, owned by Lion’s Head.
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09
Oct
2023
Oct
2023
Carol Davila University buys building in Bucharest
The Carol Davila University has completed the purchase of the Quest boutique building in central-eastern Bucharest in a deal brokered by Crosspoint Real Estate.
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05
Oct
2023
Oct
2023
P3 Romania records 107,000 sqm in lease deals during H1 2023
P3 Logistic Parks (P3) has concluded lease transactions for over 107,000 sqm in the first half of 2023, with most of the demand coming from existing clients.
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04
Oct
2023
Oct
2023
CTP gets BREEAM Outstanding for building in CTPark Bucharest West
Industrial developer CTP has achieved the first BREEAM Outstanding certification for BUW 20-21, with an area of over 100,000 sqm, part of CTPark Bucharest West.
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Latest news
- Aupark Shopping Centre secures €270 million refinancing
- 7R to develop 230,000 sqm urban logistics complex in Kraków
- Skanska advances with second phase of H2Offices complex in Budapest
- Hubix invests in Timișoara mixed-use project
- Czech retail parks hit 15-year expansion high as locals shop closer
- Panattoni sells automated e-grocery hub near Warsaw for €30 million
- Check who’s shaping Czechia’s real estate market in 2026
- iO Partners launches workplace strategy platform
- Ares acquires Polish logistics portfolio from Savills IM
- LemonTree starts second phase of Lablogic Warsaw project
New leases
- Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
- Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
- Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
New appointments
- Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
- Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
