ARTICLES LABELLED WITH TAG bucharest

News - One United Properties restoration portfolio at €189 million
07
Aug
2023

One United Properties restoration portfolio at €189 million

by Property Forum
Romanian developer One United Properties expanded efforts last year in landmark restoration, with two new acquisitions - One Downtown, (including the former Hotel Muntenia), and One Plaza Athénée as part of its sustainable urban regeneration strategy.
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News - "Banks have become more reluctant to finance the residential sector"
01
Aug
2023

"Banks have become more reluctant to finance the residential sector"

by Ovidiu Nicolae
Adi Steiner, Managing Partner of STC Partners spoke to Property Forum about the developer’s new residential project in Bucharest and new investment opportunities being explored nationwide, as well as the increasingly sophisticated requirements of home buyers, with a focus on sustainability.
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News - Office demand in Bucharest up 22% in H1 2023
26
Jul
2023

Office demand in Bucharest up 22% in H1 2023

by Property Forum
Gross demand for office spaces in Bucharest hovered around 164,000 sqm in the first half of 2023, up by 22% compared to the same period of last year, while deliveries of new office buildings will remain on a downward trend by year-end, according to data from iO Partners. 
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News - Alesonor to add school campus in resi complex near Bucharest
25
Jul
2023

Alesonor to add school campus in resi complex near Bucharest

by Property Forum
Real estate developer Alesonor has inked a deal with Verita International School & Kindergarten for the integration of an educational campus in the Forest residential complex near Bucharest. 
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News - Retail attracts more investments in Romania during H1 2023
25
Jul
2023

Retail attracts more investments in Romania during H1 2023

by Property Forum
The retail industry attracted 21% of the total investment volume recorded in the first half of 2023, which was 7% higher than the same period last year, according to data from CBRE. At the same time, the segment accounted for around €39 million of new investments. 
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News - Bucharest office leasing up 48% in Q2 2023
13
Jul
2023

Bucharest office leasing up 48% in Q2 2023

by Property Forum
Office leasing in Bucharest totaled 128,915 sqm in the second quarter of 2023, up 48% compared to the same period of last year, driven by large deals closed by retail, financial and technology firms, according to a report by Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance. 
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News - Cosmopolis to integrate school campus in resi project near Bucharest
11
Jul
2023

Cosmopolis to integrate school campus in resi project near Bucharest

by Property Forum
Opus Land and Mark Twain International School have signed a partnership for the construction of a private educational campus within the Cosmopolis residential complex based in the northern region of Bucharest. 
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News - Office leasing in Bucharest up 12% in H1 2023
06
Jul
2023

Office leasing in Bucharest up 12% in H1 2023

by Property Forum
The office leasing activity in Bucharest was up 12% in the first half of 2023 compared to the same period of 2022, with volumes reaching 169,000 sqm, according to a Crosspoint Real Estate report.  
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News - Comnord starts resi project in northern Bucharest
05
Jul
2023

Comnord starts resi project in northern Bucharest

by Property Forum
Romanian property developer Comnord Development will start in September the construction of a new luxury residential project in northern Bucharest, with a projected investment of €30 million. 
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News - GTC sees higher demand for ESG-friendly workplaces
04
Jul
2023

GTC sees higher demand for ESG-friendly workplaces

by Ovidiu Nicolae
Ziv Gigi, GTC’s Executive Director for SEE, spoke with Property Forum about the new tenants attracted to the City Gate complex in Bucharest, the importance of amenities in boosting the work environment and the growing demand for ESG-ready projects.
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Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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