ARTICLES LABELLED WITH TAG bucharest
03
Aug
2022
Aug
2022
Hagag secures building permit for Bucharest project
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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03
Aug
2022
Aug
2022
One United Properties boosts share capital by €51.5 million
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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03
Aug
2022
Aug
2022
Romanian resi investments close to €1 billion in Q1 2022
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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02
Aug
2022
Aug
2022
New BTR resi project gets started in Bucharest
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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02
Aug
2022
Aug
2022
SLS Cargo leases 11,412 sqm in P3 Bucharest A1
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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01
Aug
2022
Aug
2022
Lion’s Head names new Country Manager for Romania
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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28
Jul
2022
Jul
2022
Crown Holding buys office building in Bucharest
Hungarian Crown Holding Kft. has purchased Cascade Office Building in central Bucharest for €10.1 million.
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27
Jul
2022
Jul
2022
Property investments in Romania up 13% in H1 2022
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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27
Jul
2022
Jul
2022
Homes sales in Romania up 3.4% in H1 2022
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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27
Jul
2022
Jul
2022
Industrial leasing in Romania up 50% in H1 2022
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
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- Panattoni delivers 15,000 sqm factory for E.G.O. in Łódź
- P3 signs new Mexen deal for 41,000 sqm warehouse in Poland
- SCF launches retail park fund targeting 10% annual returns
- Jared Kushner abandons plans for Trump-branded hotel in Serbia
New leases
- Olimpia Gallery in Bełchatów, managed by EPP, has signed new and extended lease agreements covering nearly 2,500 sqm. Bel-Pol will open a new store of approximately 1,200 sqm, while Rossmann and CCC will expand their stores to over 600 sqm each starting next year.
- Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
- Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
