ARTICLES LABELLED WITH TAG bucharest

News - CTP gets BREEAM Outstanding for building in CTPark Bucharest West
04
Oct
2023

CTP gets BREEAM Outstanding for building in CTPark Bucharest West

by Property Forum
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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News - Fortim Trusted Advisors expands in resi segment
04
Oct
2023

Fortim Trusted Advisors expands in resi segment

by Property Forum
Romanian Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance, is expanding into the residential category, with sales & marketing services. 
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News - Griffes to manage leasing of J8 Office Park
02
Oct
2023

Griffes to manage leasing of J8 Office Park

by Property Forum
Property developer Portland Trust has inked a partnership with Griffes for managing the leasing and commercial operations of Bucharest-based J8 Office Park.
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News - Hercesa gets bank loan for resi project in Bucharest
27
Sep
2023

Hercesa gets bank loan for resi project in Bucharest

by Property Forum
Spanish developer Hercesa has obtained a loan worth 33 million lei (€6.6 million) from Libra Internet Bank for the construction of a new residential project in western Bucharest. 
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News - Redport Capital to start new resi phase in Bucharest
26
Sep
2023

Redport Capital to start new resi phase in Bucharest

by Property Forum
Romanian developer Redport Capital will start this fall the construction of the third phase of The Level Apartments complex in northern Bucharest. The company says it has already pre-sold 40% of the apartments in the new phase that will be completed following an €12 million investment. 
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News - Radisson hotel to open in Bucharest mixed-use scheme
26
Sep
2023

Radisson hotel to open in Bucharest mixed-use scheme

by Property Forum
Radisson Hotel Group was selected to be the operator of the hotel component in the Central District Lagoon City, developed in Bucharest by Forty Management. The Radisson Lagoon Hotel Bucharest is planned as the first of several such branded co-operations across the globe. 
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News - Meta Estate Trust invests in Redport Capital
22
Sep
2023

Meta Estate Trust invests in Redport Capital

by Property Forum
Romanian property holding Meta Estate Trust has sold its 40% stake in Redport Properties, the developer of The Level Apartments project in Bucharest, for more than €2.7 million. Additionally, the holding has decided to gradually reinvest €2 million by acquiring 10% of Redport Capital for future developments.
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News - Forte Partners completes new office building in Bucharest
21
Sep
2023

Forte Partners completes new office building in Bucharest

by Property Forum
Romanian developer Forte Partners has delivered the second phase of its U•Center 2 office project in Bucharest. The building has a leasable area of 35,000 sqm and 28,000 sqm have already been occupied by office and retail tenants.
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News - Land in central Bucharest sells for €5 million
13
Sep
2023

Land in central Bucharest sells for €5 million

by Property Forum
Pharmaceutical company Biofarm has sold a plot of land close to Victoriei Square in Bucharest for around €5 million. The land spanning 2,176 sqm, which used to host an industrial facility, was taken over by Romanian company Iancu de Hunedoara Residence SRL. The deal was brokered by Crosspoint Real Estate. 
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News - PPF Real Estate adds solar systems to Bucharest offices
13
Sep
2023

PPF Real Estate adds solar systems to Bucharest offices

by Property Forum
PPF Real Estate’s two office buildings in central Bucharest, Crystal Tower and Metropolis, are now running partially on solar power following the installation of photovoltaic panels on their rooftops. 
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Latest news


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.

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