ARTICLES LABELLED WITH TAG Bucharest

News PPF starts works on Bucharest office project
26
Oct
2022

PPF starts works on Bucharest office project

by Property Forum
PPF Real Estate has announced the launch of the first stage of the ARC office project in Bucharest by clearing the existing structures on the site. The planned ten-story class A office building is due for completion in 2025.  
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News Logicor delivers warehouse near Bucharest
26
Oct
2022

Logicor delivers warehouse near Bucharest

by Property Forum
Logicor, the owner and manager of logistics real estate in Europe, has completed the development of around 21,200 sqm of prime warehouse space in Logicor Bucharest II, in the northeast region outside Bucharest. 
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News Bank financing makes a comeback in real estate
26
Oct
2022

Bank financing makes a comeback in real estate

by Ovidiu Nicolae
The property sector is relying more on bank financing than bonds at present and this trend is likely to continue across Europe, concluded speakers in the dealmakers panel of SEE Property Forum 2022, held in Bucharest.
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News One United Properties to reconvert Bucharest office building to resi
25
Oct
2022

One United Properties to reconvert Bucharest office building to resi

by Property Forum
Romanian developer One United Properties says it will reconvert one of the office buildings in One North Gate into residential units under the One North Lofts brand. 
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News Bucharest office deliveries slow down by Q3
24
Oct
2022

Bucharest office deliveries slow down by Q3

by Property Forum
The office market is going through a period of stagnation, recording demand values similar to those of 2021, while new deliveries amounted to 105,000 sqm by September 2022, compared to 154,000 sqm in the same period of last year, according to real estate consultancy JLL Romania.
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News GTC completes refurbishment of Bucharest office project
20
Oct
2022

GTC completes refurbishment of Bucharest office project

by Property Forum
Property developer GTC has completed the refurbishment of its City Gate Complex office project in Bucharest following an investment of €3.5 million.
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News Bucharest hits 5-year office delivery low
19
Oct
2022

Bucharest hits 5-year office delivery low

by Property Forum
While Bucharest’s office stock totaled 3.3 million sqm at the end of the third quarter of 2022, there were only five new office buildings completed and just another one will be delivered by year-end, which would make it a 5-year low for the market, according to real estate consultancy CBRE. 
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News Bog’Art completes Bucharest resi project
11
Oct
2022

Bog’Art completes Bucharest resi project

by Property Forum
Romanian construction group Bog’Art has completed the development of its own luxury residential project Art City in northern Bucharest, which is valued at more than €20 million.  
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News Industrial leasing in Romania posts strong performance in Q3 2022
10
Oct
2022

Industrial leasing in Romania posts strong performance in Q3 2022

by Property Forum
Close to 50% of the warehousing surfaces for which lease contracts were signed in 2022 were transacted during July – September of this year, according to real estate consultancy Dunwell Industrial Brokerage. 
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News Property investments in Romania up 16.5% by Q3 2022
06
Oct
2022

Property investments in Romania up 16.5% by Q3 2022

by Property Forum
Investment transactions in Romania’s commercial property sector amounted to €656 million in the first three quarters of 2022, which was up 16.5% compared to the same period of last year, with offices driving deal volumes, according to real estate consultancy JLL Romania. 
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Latest news


New leases

  • Bebe Tei is scheduled to open in Q1 2026 a store spanning over 1,700 sqm in Iulius Mall Cluj. At the same time, dm drogerie markt will open this autumn a new unit spanning over 500 sqm in the same project.
  • Activ Property Services brokered the transaction in which moveX leased 3,300 sqm of modern logistics space within the Mega Company Park in Chiajna, near Bucharest.
  • The Polish branch of Lufthansa Technik AG, a global provider of maintenance, repair and overhaul services for civil aviation, has joined the group of tenants at the Infinity office building in Wrocław. The company has leased over 860 sqm of office space in the building, in the heart of the city on ul. Legnicka. Lufthansa Technik AG will move into its new headquarters in April 2026. The lease was signed for seven years.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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