ARTICLES LABELLED WITH TAG Bucharest

News CEE records younger office stock compared to Western Europe
05
Dec
2024

CEE records younger office stock compared to Western Europe

by Property Forum
Close to 80% of the office stock is at risk of obsolescence in markets such as Amsterdam, Paris and London, while in CEE-based capital cities this figure stands at an average of 43%, according to a report by Cushman & Wakefield Echinox.
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News Praktiker Real Estate buys office building in Bucharest
05
Dec
2024

Praktiker Real Estate buys office building in Bucharest

by Property Forum
Praktiker Real Estate, the property company owned by Turkish investor Omer Susli, has purchased the Muntenia Business Center offices, in central Bucharest, from Longshield Investment Group for €8 million.
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News Data center investors enter race for land plots in Romania
29
Nov
2024

Data center investors enter race for land plots in Romania

by Property Forum
The land market in Bucharest and other regional cities is seeing increasing demand from developers of data centers that want to accommodate growing investments in the country’s IT&C industry, according to a report by iO Partners.
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News Anchor Grup starts to deliver apartments in Bucharest project
21
Nov
2024

Anchor Grup starts to deliver apartments in Bucharest project

by Property Forum
Anchor Grup has announced its Bucharest-based residential project Select Residences has reached the delivery phase. 
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News Industrial demand in Romania falls 20% on nine months
14
Nov
2024

Industrial demand in Romania falls 20% on nine months

by Property Forum
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of 2024, down 20% compared with the same period of 2023, according to a Cushman & Wakefield Echinox report.
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News Speedwell to start €94 million resi investment near Bucharest
12
Nov
2024

Speedwell to start €94 million resi investment near Bucharest

by Property Forum
Speedwell Development has obtained the construction permits for the first 50 luxury villas in a new residential project in Corbeanca, near Bucharest, where it plans to invest €94 million.
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News Prima to develop 491 apartments in Western Bucharest
11
Nov
2024

Prima to develop 491 apartments in Western Bucharest

by Property Forum
Romanian property developer Prima Development Group has obtained the construction authorization for a new residential complex with 491 apartments in the western part of Bucharest.
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News Romania’s long term retail pipeline reaches 800,000 sqm
07
Nov
2024

Romania’s long term retail pipeline reaches 800,000 sqm

by Property Forum
The retail market in Romania has room for growth, considering that short-to-long term pipeline exceeds 800,000 sqm, consisting of projects under construction or in different permitting stages, which are due to be completed by the end of the decade. 
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News Meta Estate Trust invests in land plot in central Bucharest
04
Nov
2024

Meta Estate Trust invests in land plot in central Bucharest

by Property Forum
Meta Estate Trust has invested in a plot of land near Victoriei Square in central Bucharest, where it plans to develop a building that will be leased to a chain of private medical clinics.
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News Bellmonde accelerates sales for resi project near Bucharest
31
Oct
2024

Bellmonde accelerates sales for resi project near Bucharest

by Property Forum
The Bellemonde residential complex in Pipera, near Bucharest, is recording growth in sales for its villas and apartments.
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Latest news


New leases

  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.
  • A new flagship Stay Fit Gym centre will open this summer in the Palas mixed-use complex, owned by Iulius in the center of Iași. The chain currently includes 52 locations and boasts over 60,000 active members.
  • CCC, a chain of footwear and clothing shops, has opened a two-storey shop of over 1,600 sqm in Warsaw's Promenada gallery

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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