ARTICLES LABELLED WITH TAG bucharest
29
Nov
2022
Nov
2022
Homes sales in Bucharest up 9.16% on 10 months
Over 52,000 homes were sold in Bucharest and its surroundings in the first ten months of 2022, up 9.16% compared with the similar period from 2021, according to data published by the National Agency for Cadastre and Land Registration.
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28
Nov
2022
Nov
2022
CTP to extend industrial park in southern Bucharest
Industrial and logistics developer CTP has announced the expansion of CTPark Bucharest South through the construction of a new warehouse set to almost double the total leasable area of the project to around 150,000 sqm.
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24
Nov
2022
Nov
2022
Kaufland reaches 1,500 hypermarkets in Europe
Grocery retailer Kaufland has inaugurated in Bucharest a new hypermarket spanning 5,000 sqm. Following the latest opening, the European network of the retailer climbed to 1,500 units.
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24
Nov
2022
Nov
2022
Bucharest moves up in most expensive shopping street ranking
With a rent level of €53/sqm/month on Calea Victoriei, the main retail street of the city, Bucharest remains in the top 50 cities analyzed worldwide and in position 46 out of 53 in the EMEA ranking, just behind Warsaw, according to a report by real estate consultancy Cushman & Wakefield Echinox.
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22
Nov
2022
Nov
2022
Resi permitting in Bucharest accelerates in Q3 2022
Authorizations of new residential developments in Bucharest were down in the first semester by one third compared with the same period of 2021 but hit a 14-year record with a permitted volume of 350,000 sqm in July alone, shows data from Colliers Romania.
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22
Nov
2022
Nov
2022
Genesis Property completes green energy investment in Bucharest
Romanian developer Genesis Property has completed the largest renewable energy project in an office park in Romania. The project consisted of the installation of more than 1,000 photovoltaic panels on an area of more than 4,000 sqm, in prosumer mode, on the office buildings’ roofs in YUNITY Park based in northern Bucharest, following an investment of €1 million.
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22
Nov
2022
Nov
2022
Prima Development Group stars new resi project in Bucharest
Prima Development Group has started the development of a new residential project in northern Bucharest that will feature 482 apartments.
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17
Nov
2022
Nov
2022
Immofinanz to sell Bucharest office building
Property group Immofinanz, controlled by CPI Property Group (CPIPG), is reportedly negotiating the sale of its Băneasa Airport Tower office building in northern Bucharest.
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16
Nov
2022
Nov
2022
QeOPS leases more space in CTPark Bucharest
QeOPS, the provider of e-fulfillment services and customized logistics solutions, has increased its occupied warehouse space in CTPark Bucharest to around 15,000 sqm.
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10
Nov
2022
Nov
2022
Villar Group invests €50 million in Romanian logistics parks
Villar Group, a company listed on the Tel Aviv Stock Exchange, has under development 100,000 sqm of prime logistics space based on an investment budget of €50 million.
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Latest news
- Skanska advances with second phase of H2Offices complex in Budapest
- Hubix invests in Timișoara mixed-use project
- Czech retail parks hit 15-year expansion high as locals shop closer
- Panattoni sells automated e-grocery hub near Warsaw for €30 million
- Check who’s shaping Czechia’s real estate market in 2026
- iO Partners launches workplace strategy platform
- Ares acquires Polish logistics portfolio from Savills IM
- LemonTree starts second phase of Lablogic Warsaw project
- Kingstone RE partners with Iroko for Polish expansion
- pbb provides €36m loan to AYA Properties Fund for Warsaw office deal
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.
