ARTICLES LABELLED WITH TAG bucharest

News - COS opens R&D workspace centre in Bucharest
15
Jun
2023

COS opens R&D workspace centre in Bucharest

by Property Forum
Fit-out company COS has launched the Research & Development (R&D) workspace centre Masia in northern Bucharest, following an investment of €1.6 million.  
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News - Global Vision plans further expansion in Romania
12
Jun
2023

Global Vision plans further expansion in Romania

by Ovidiu Nicolae
Sorin Preda, Founder and CEO of Global Vision spoke to Property Forum about industrial developments in major and secondary cities in Romania, alongside plans to integrate office and manufacturing lines across the company.
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News - Romania’s retail stock up by 22,000 sqm in Q1 2023
12
Jun
2023

Romania’s retail stock up by 22,000 sqm in Q1 2023

by Property Forum
The total stock of modern retail spaces in Romania reached 4.11 million sqm in the first quarter of 2023 following the delivery of two new retail parks with a combined leasable area of 22,000, according to a report by CBRE. 
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News - Gebrüder Weiss to build new logistics hub near Bucharest
08
Jun
2023

Gebrüder Weiss to build new logistics hub near Bucharest

by Property Forum
Transport and logistics company Gebrüder Weiss has kicked off the construction of a new logistics project in Popești Leordeni, near Bucharest in a move designed to increase its storage capacity in the market.
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News - Commercial property deals in Romania double in Q1 2023
08
Jun
2023

Commercial property deals in Romania double in Q1 2023

by Property Forum
Investment transactions in Romania’s commercial property market totaled €120 million in Q1 2023, which was almost double compared to the same period of last year. The deal volume was driven by industrial and office projects, according to a Colliers report.
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News - Medcity looks to expand healthcare real estate presence in Romania
08
Jun
2023

Medcity looks to expand healthcare real estate presence in Romania

by Ovidiu Nicolae
Alexandros Diamantis, Managing Director of Medcity spoke with Property Forum about the company’s investments in Romania that reached €30 million to date and the new cities that have potential for new healthcare real estate developments.
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News - MLP Group starts speculative project near Bucharest
06
Jun
2023

MLP Group starts speculative project near Bucharest

by Property Forum
MLP Group has just launched a project to expand the MLP Bucharest West logistics park. The new building of about 16,000 sqm, being developed on a speculative basis, is scheduled for completion by the year’s end.
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News - Andreea Păun, Griffes: "Headline office rents in Bucharest to remain on growth path"
06
Jun
2023

Andreea Păun, Griffes: "Headline office rents in Bucharest to remain on growth path"

by Ovidiu Nicolae
Andreea Păun, Managing Partner of Griffes, spoke with Property Forum about the outlook of rents and new office developments in Bucharest as well as the demand trends. This year, Griffes aims to close 10% more leasing deals with a combined value of more than €20 million.
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News - Lion Capital buys large land plot in Constanța
01
Jun
2023

Lion Capital buys large land plot in Constanța

by Property Forum
Lion Capital, a public financial investment company, has purchased a land plot of 11 hectares in western Constanța in a deal valued at more than €10 million.
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News - Bucharest permitting limitations to put pressure on office rents
31
May
2023

Bucharest permitting limitations to put pressure on office rents

by Property Forum
The massive delays in the issuance of permits for new real estate projects in Bucharest will put upward pressure on office rents, according to a report by Griffes
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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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