ARTICLES LABELLED WITH TAG bucharest

News - Home prices in Romania slightly fall in November 
20
Dec
2022

Home prices in Romania slightly fall in November 

by Property Forum
Average asking prices of new and old apartments in Romania fell by 0.2% in November compared to the previous month to €1,704 per sqm, with Constanța, Iași and Cluj-Napoca recording slight gains of prices, according to Imobiliare.ro. 
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News - HR Group enters Romania's hotel market 
20
Dec
2022

HR Group enters Romania's hotel market 

by Property Forum
German HR Group has taken over the Vienna House Easy Airport Bucharest near Henri Coanda Airport as part of a wider deal that involved the purchase of all Vienna House properties from Vienna House Capital and U City. 
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News - BAT leases 10,500 sqm in Bucharest's One Cotroceni Park
19
Dec
2022

BAT leases 10,500 sqm in Bucharest's One Cotroceni Park

by Property Forum
Global Business Solutions (GBS), the largest shared services centre of the BAT group that serves BAT subsidiaries at a European and global level, will occupy an area of ​​10,500 sqm in One Cotroceni Park Phase 2. The lease transaction was brokered by Knight Frank Romania. 
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News - Rock Development starts new phase of Bucharest resi project 
19
Dec
2022

Rock Development starts new phase of Bucharest resi project 

by Property Forum
Romanian company Rock Development has started the construction of the second phase of Avrig Park Residence in Bucharest with an investment budget of €23 million. 
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News - One United Properties buys three historic buildings in Bucharest
16
Dec
2022

One United Properties buys three historic buildings in Bucharest

by Property Forum
One United Properties has announced the acquisition of three historical buildings in Bucharest with the purpose of restoring and transforming them into a new development of the company - One Downtown.
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News - Pedro Construct to invest €20 million in Jolie Village near Bucharest
16
Dec
2022

Pedro Construct to invest €20 million in Jolie Village near Bucharest

by Property Forum
Pedro Construct, one of the largest construction companies in Romania, led by businessman Petre Niculae, is developing - together with his associate Florin Ababe - a new residential assembly in the north of the capital, Jolie Village. The investment in the project is estimated at €21 million and for €12 million, the company has obtained financing through Libra Bank.
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News - Office deliveries in Bucharest to reach 360,000 sqm by 2024
13
Dec
2022

Office deliveries in Bucharest to reach 360,000 sqm by 2024

by Property Forum
Around 130,000 sqm of new modern offices could be delivered this year, with a total of roughly 360,000 sqm possible for the 2022-2024 period, though the 2024 calendar could be postponed, according to real estate consultancy Colliers. 
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News - CTP secures new 9,500 sqm lease in Bucharest
08
Dec
2022

CTP secures new 9,500 sqm lease in Bucharest

by Property Forum
JLL Romania advised Euroest Car, a company specialising in the import and distribution of original car parts, in leasing 9,500 sqm in CTPark Bucharest Chitila, a Class A industrial park owned by CTP Romania in the northwest of Bucharest.
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News - Globalworth secures new certification for Romanian office portfolio
08
Dec
2022

Globalworth secures new certification for Romanian office portfolio

by Property Forum
Globalworth has achieved the Access4you certification for its entire portfolio of almost half a million square meters consisting of 16 office buildings in Romania, becoming the first landlord to hold accessibility certification for wheelchair users, the elderly, people with limited mobility, and people with strollers. Colliers, the only Access4you partner for Romania, conducted the audits and completed the audit reports for Globalworth's entire building portfolio.
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News - Details emerge of Mega Mall resi expansion in Bucharest 
02
Dec
2022

Details emerge of Mega Mall resi expansion in Bucharest 

by Property Forum
Mega Mall, the shopping centre in Bucharest owned by NEPI Rockcastle, will be expanded with new stores and a residential component that will include around 180 apartments. 
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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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