ARTICLES LABELLED WITH TAG Bucharest

News Hagag secures building permit for Bucharest project
03
Aug
2022

Hagag secures building permit for Bucharest project

by Property Forum
Hagag Development Europe has received the building permit for the consolidation and renovation works on Știrbei Palace located in central Bucharest. The developer will select a general contractor to start the transformation of the historical building in a high-end commercial gallery.
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News One United Properties boosts share capital by €51.5 million
03
Aug
2022

One United Properties boosts share capital by €51.5 million

by Property Forum
Romanian developer One United Properties has increased its share capital by €51.5 million in a bid to fund new residential investments in Bucharest.
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News Romanian resi investments close to €1 billion in Q1 2022
03
Aug
2022

Romanian resi investments close to €1 billion in Q1 2022

by Property Forum
The investment volumes in Romanian residential projects reached 4.6 billion lei (€933.5 million) in the first quarter of 2022, which was up 50% compared to the same period of last year, according to a report by real estate consultancy Colliers.
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News New BTR resi project gets started in Bucharest
02
Aug
2022

New BTR resi project gets started in Bucharest

by Property Forum
American-owned company Bucharest Properties REIT has started the development of a new block with 55 apartments for rent in the Vitan Estates residential project in Bucharest.  
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News SLS Cargo leases 11,412 sqm in P3 Bucharest A1
02
Aug
2022

SLS Cargo leases 11,412 sqm in P3 Bucharest A1

by Property Forum
Transport and logistics operator SLS Cargo has leased another 11,412 sqm in P3 Bucharest A1 logistics park and will occupy more than 30,000 sqm in the project following the latest lease transaction brokered by JLL Romania.
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News Lion’s Head names new Country Manager for Romania
01
Aug
2022

Lion’s Head names new Country Manager for Romania

by Property Forum
Property company Lion’s Head has appointed Alina Necula as Country Manager for Romania, tasked with managing operations and handling the expansion strategy. 
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News Crown Holding buys office building in Bucharest
28
Jul
2022

Crown Holding buys office building in Bucharest

by Property Forum
Hungarian Crown Holding Kft. has purchased Cascade Office Building in central Bucharest for €10.1 million.  
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News Property investments in Romania up 13% in H1 2022
27
Jul
2022

Property investments in Romania up 13% in H1 2022

by Property Forum
The amount of property investments in Romania totaled €336 million in the first half of 2022, up around 13% year-on-year, while solid pipeline of transactions is under negotiation and could be completed by the end of the year, according to a report of real estate consultancy CBRE. 
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News Homes sales in Romania up 3.4% in H1 2022
27
Jul
2022

Homes sales in Romania up 3.4% in H1 2022

by Property Forum
Sales of homes on the Romanian market totaled 85,000 units in the first half of 2022, up 3.4% compared to the same period of last year, according to real estate consultancy SVN Romania. In the same interval, sales in Bucharest and Ilfov county rose by 16.6%. 
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News Industrial leasing in Romania up 50% in H1 2022
27
Jul
2022

Industrial leasing in Romania up 50% in H1 2022

by Property Forum
Leasing volumes in the Romanian industrial and logistics market rose by 50% to 542,000 sqm compared to the same period of last year, with more than half of the activity being generated around Bucharest.
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.

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