ARTICLES LABELLED WITH TAG Bucharest

News Nusco Imobiliara sells 30% of homes in Bucharest project
05
Dec
2023

Nusco Imobiliara sells 30% of homes in Bucharest project

by Property Forum
Nusco Imobiliara has already sold 30% of the residential units comprising the second phase of urban regeneration project Nusco City, based in northern Bucharest.
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News HILS Development to start large mixed-use project in Bucharest
28
Nov
2023

HILS Development to start large mixed-use project in Bucharest

by Property Forum
Romanian developer HILS Development has announced the launch of a new mixed-use scheme in Bucharest that will include residential, office and retail components that will cover 180,000 sqm.
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News Bucharest office leasing up 46% by Q3 2023
28
Nov
2023

Bucharest office leasing up 46% by Q3 2023

by Property Forum
The office leasing activity in Bucharest totaled 292,000 sqm in the first three quarters of 2023, up by 46% compared to the same period of last year, according to iO Partners data.
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News Bucharest street ranked 50 out of most expensive retail locations in Europe
24
Nov
2023

Bucharest street ranked 50 out of most expensive retail locations in Europe

by Property Forum
Bucharest-based Calea Victoriei is the 50th most expensive main retail street out of 57 locations based in Europe, according to a Cushman & Wakefield report. On this ranking, Bucharest is behind Ljubljana, with a monthly rent of €55 per sqm.
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News Accor and Construcții Erbașu expand hotel deal in Romania
24
Nov
2023

Accor and Construcții Erbașu expand hotel deal in Romania

by Property Forum
Hospitality group Accor and Romanian construction firm Construcții Erbașu have signed hotel management agreements for two new hotels in Bucharest and Oradea. The companies have also extended the current management agreement for ibis Styles Bucharest Erbas.
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News CEE-based capital cities run the risk of office shortages
13
Nov
2023

CEE-based capital cities run the risk of office shortages

by Property Forum
Higher construction costs and the unfavourable economic situation in Europe are impacting the future development of new offices in the region, especially in capital cities like Prague, Bratislava, Budapest and Bucharest.
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News Meta Estate Trust invests in Bucharest resi project
10
Nov
2023

Meta Estate Trust invests in Bucharest resi project

by Property Forum
Romanian investment company Meta Estate Trust has entered into a partnership for the development of a premium boutique residential project in Bucharest. The company will invest €1.4 million in the project comprising 21 apartments that will be completed within the next 12 months.
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News Kinstellar Bucharest expands real estate practice
09
Nov
2023

Kinstellar Bucharest expands real estate practice

by Property Forum
Law firm Kinstellar Bucharest has expanded its real estate practice by hiring Corina Stanciu as Senior Associate and Cristiana Mic-Soare as Special Counsel. 
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News Hyatt looks to develop its first hotel in Romania
09
Nov
2023

Hyatt looks to develop its first hotel in Romania

by Property Forum
Luxury hospitality group Hyatt is planning the development of its first hotel in Romania as part of its expansion into CEE. The company is looking to develop an upper scale hotel in Bucharest with around 200 rooms.
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News Mixed-use schemes help companies retain talent
09
Nov
2023

Mixed-use schemes help companies retain talent

by Property Forum
Despite a challenging financing environment, mixed-use developments are gaining ground in Romania as they provide a better mix of facilities for end–users and tenants, concluded speakers of the mixed-use panel of SEE Property Forum 2023, held in Bucharest recently.
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Latest news


New leases

  • Among the new tenants of the retail part of the Sky Tower complex in Wrocław is Empik. The store has a floor area of approximately 270 sqm.
  • Breakfast restaurant Bułkę przez Bibułkę, will open its first outlet outside of Warsaw. The new premises will be set up in Łódź's Fusion. The tenant will occupy 180 sqm in one of the historic buildings located in Ogrody Anny. The opening is scheduled for the summer holidays.
  • The shopping centres managed by EPP, Wzorcownia in Włocławek, Galeria Solna in Inowrocław and Galeria Olimpia in Bełchatów, are extending their offer with the assortment of Pitbull, one of the most recognisable sportswear brands in Poland. The area covered by the leases amounts to over 250 sqm.

New appointments

  • The Supervisory Board of Globe Trade Centre S.A. has appointed Balázs Gosztonyi as a member of the Management Board of GTC S.A. Balázs Gosztonyi has held the position of Chief Financial Officer at GTC Hungary since January 2024. He joined GTC Group in September 2023 as Group Controlling Director.
  • Wiesław Malicki has become the new President of Polski Holding Nieruchomości, the company's Board has announced. Until now, the acting Chairman of the Board was Artur Lebiedziński.
  • Prologis' Warsaw team has gained a new director. As of 1st of April, Marzena Tkaczuk has joined the team of development experts. As Capital Deployment Director, she will be responsible in particular for the implementation of build-to-suit projects.

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