ARTICLES LABELLED WITH TAG bucharest
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.
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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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Latest news
- Poland industrial market reaches 38.3 million sqm in Q3 2026
- AXI IMMO appoints Piotr Kalisz to lead Warsaw office team
- Colliers maps drone delivery potential for Czech retail parks
- Amadeus Real Estate wins planning approval in Plzeň
- Genesis Property improves GRESB score for third year running
- AI is redrawing Europe’s data centre map
- Romania retail market eyes smaller cities for growth
- Bellemonde opens furnished showroom in Pipera
- Develia launches second phase of Morska Vita in Gdynia
- Regional Poland emerges as a new retail investment opportunity
New leases
- Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
- UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
- Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
New appointments
- Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
- Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
- 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.
