ARTICLES LABELLED WITH TAG bucharest
16
Jun
2022
Jun
2022
Over 500,000 sqm of new retail space planned in Romania
The retail market in Romania is set to expand by more than 500,000 sqm in the next four years, with 10 of the projects in the pipeline each having more than 10,000 sqm, according to Cushman & Wakefield Echinox.
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14
Jun
2022
Jun
2022
Higher construction costs to push rents up for new projects in Romania
Rents for commercial projects that are being developed at present in Romania will grow in the next 2-3 years, while demand for green buildings will continue to expand, concluded speakers at a panel discussion at Property Forum’s annual Summer Networking Party organised in Bucharest.
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07
Jun
2022
Jun
2022
Home prices in Romania slightly grow in May
Residential asking prices in Romania grew by 2.5% in May compared to April to an average of €1,751 per sqm, with Cluj-Napoca remaining the most expensive market in the country, according to the Imobiliare.ro platform.
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06
Jun
2022
Jun
2022
Skanska office in Bucharest gets preliminary zero carbon certification
Equilibrium 2, the second phase of the Equilibrium project developed by Skanska in northern Bucharest, has obtained the preliminary Net Zero Carbon Buildings certification, granted by the Romania Green Building Council (RoGBC).
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06
Jun
2022
Jun
2022
Eden Capital Development starts new resi project in Bucharest
Romanian property company Eden Capital Development has secured the construction permit for a new residential complex in northern Bucharest and plans to kick off the building phase this autumn.
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02
Jun
2022
Jun
2022
Office lease contracts in Bucharest shortened to 3 years
As the pandemic-related restrictions have been lifted, large occupiers have returned to the office, most of them in a hybrid setup, while the office lease periods have fallen from 5 to 3 years, according to an analysis of real estate consultancy Crosspoint Real Estate.
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30
May
2022
May
2022
Cluj-Napoca remains the most expensive resi market in Q1 2022
Apartments in Cluj-Napoca have the biggest sale prices in Romania, with owners asking for an average of €2,240 per sqm in the first quarter, which was up 21% compared to the same period of last year, shows a report by Imobiliare.ro platform.
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30
May
2022
May
2022
America House in Bucharest completes refurbishment
The America House office building in central Bucharest was refurbished as part of a €10 million investment that included the upgrading of the exterior ground floor area and the extension of green spaces.
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30
May
2022
May
2022
Synergy Construct to open new retail park in Bucharest
Romanian construction firm Synergy Construct will open in September a new retail park in northern Bucharest, next to highway A3, following an investment of €15 million.
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25
May
2022
May
2022
NEPI Rockcastle resi project in Bucharest reaches 35% sale rate
NEPI Rockcastle says it has reached a 35% sale rate for its first residential project in Bucharest in the first seven months of development.
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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
- CEE property markets set for growth in 2026 amid supply gaps and modernization
- Hubix invests €20 million in resi project near Bucharest
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.
