ARTICLES LABELLED WITH TAG bucharest

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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News - Atenor is open to Romania's regional cities if opportunities arise
29
Jun
2023

Atenor is open to Romania's regional cities if opportunities arise

by Ovidiu Nicolae
Viorel Lăcătuș, Country Manager in Romania for Atenor, talked to Property Forum about the company’s ongoing residential and office developments in Bucharest and the growing interest of tenants for the sustainability certifications of buildings.
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News - Redport Capital delivers 127 apartments in northern Bucharest
27
Jun
2023

Redport Capital delivers 127 apartments in northern Bucharest

by Property Forum
Local real estate developer Redport Capital, founded by Cosmin Savu-Cristescu, has announced the completion of 127 apartments in The Level Apartments project and the construction start for the new phase of the complex located in the Străulești area of northern Bucharest. 
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News - Bucharest records higher demand for qualitative offices
27
Jun
2023

Bucharest records higher demand for qualitative offices

by Property Forum
The demand for office development or refurbishment projects remains high as more companies are looking for quality workspaces, according to CBRE data.
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News - Bank-financed housing purchases fall in Romania
22
Jun
2023

Bank-financed housing purchases fall in Romania

by Property Forum
The housing loan stock is now growing by only 1.2% in Romania, with the slowdown becoming noticeable starting with the second half of last year, while the number of apartment transactions fell by almost 30% in Bucharest and regional cities in the first five months of the year, according to Colliers. 
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News - Banca Transilvania takes 10,000 sqm from Globalworth in Bucharest
21
Jun
2023

Banca Transilvania takes 10,000 sqm from Globalworth in Bucharest

by Property Forum
Romanian lender Banca Transilvania has leased 10,000 sqm of office space in Green Court A, the building in northern Bucharest owned by Globalworth.
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News - P3 Romania names new Managing Director
20
Jun
2023

P3 Romania names new Managing Director

by Property Forum
Andrzej Wronski, Group Head of Asset Management for P3 Logistic Parks, will be taking over the role of Managing Director for P3 Romania starting July 2023. He is replacing Sînziana Pardhan, who decided to step down after six years of running P3 operations in the country. 
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News - Logicor expands logistics park in northern Bucharest
20
Jun
2023

Logicor expands logistics park in northern Bucharest

by Property Forum
Industrial developer Logicor has expanded the e-commerce warehouse space in Bucharest I Logistics Park Mogosoaia for pharmacy chain Dr.Max to around 16,000 sqm.  
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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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