ARTICLES LABELLED WITH TAG bucharest
13
Nov
2023
Nov
2023
CEE-based capital cities run the risk of office shortages
Higher construction costs and the unfavourable economic situation in Europe are impacting the future development of new offices in the region, especially in capital cities like Prague, Bratislava, Budapest and Bucharest.
Read more >
10
Nov
2023
Nov
2023
Meta Estate Trust invests in Bucharest resi project
Romanian investment company Meta Estate Trust has entered into a partnership for the development of a premium boutique residential project in Bucharest. The company will invest €1.4 million in the project comprising 21 apartments that will be completed within the next 12 months.
Read more >
09
Nov
2023
Nov
2023
Kinstellar Bucharest expands real estate practice
Law firm Kinstellar Bucharest has expanded its real estate practice by hiring Corina Stanciu as Senior Associate and Cristiana Mic-Soare as Special Counsel.
Read more >
09
Nov
2023
Nov
2023
Hyatt looks to develop its first hotel in Romania
Luxury hospitality group Hyatt is planning the development of its first hotel in Romania as part of its expansion into CEE. The company is looking to develop an upper scale hotel in Bucharest with around 200 rooms.
Read more >
09
Nov
2023
Nov
2023
Mixed-use schemes help companies retain talent
Despite a challenging financing environment, mixed-use developments are gaining ground in Romania as they provide a better mix of facilities for end–users and tenants, concluded speakers of the mixed-use panel of SEE Property Forum 2023, held in Bucharest recently.
Read more >
07
Nov
2023
Nov
2023
Bucharest sees high demand for private student housing
There is a high demand for private accommodation in Bucharest, offering students modern and flexible accommodation options, with the current supply covering less than half of the actual requirements, according to Colliers data.
Read more >
06
Nov
2023
Nov
2023
One United Properties to develop office building in Bucharest for Infineon
Romanian developer One United Properties has signed a deal with German semiconductors maker Infineon Technologies for the development of a prime office building in northern Bucharest.
Read more >
06
Nov
2023
Nov
2023
Average office lease size in Bucharest reaches 4-year high
The average office transaction in the first nine months of 2023 stood at 1,810 sqm, which is the highest average of the past four years and close to the level of 1,900 sqm recorded in 2019, according to Cushman & Wakefield data.
Read more >
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.
Read more >
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.
Read more >
Latest news
- Matexi Polska raises €25 million through bond issue
- SCF enters Romania with €40 million retail park deal
- Strabag acquires Romanian railway firm Bawi Construction
- Logistics continues to lead the market
- CTP attracts first tenants in Plzeň redevelopment project
- Panattoni secures financing for Poznań logistics park
- Panattoni starts industrial project in Prague
- Europe looks more attractive to investors compared to US
- Arcona Capital and Reino Group launch pan-European investment platform
- Solida Capital enters Romanian resi market
New leases
- Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.
- Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
- Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
