ARTICLES LABELLED WITH TAG bucharest
19
Oct
2022
Oct
2022
Bucharest hits 5-year office delivery low
While Bucharest’s office stock totaled 3.3 million sqm at the end of the third quarter of 2022, there were only five new office buildings completed and just another one will be delivered by year-end, which would make it a 5-year low for the market, according to real estate consultancy CBRE.
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11
Oct
2022
Oct
2022
Bog’Art completes Bucharest resi project
Romanian construction group Bog’Art has completed the development of its own luxury residential project Art City in northern Bucharest, which is valued at more than €20 million.
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10
Oct
2022
Oct
2022
Industrial leasing in Romania posts strong performance in Q3 2022
Close to 50% of the warehousing surfaces for which lease contracts were signed in 2022 were transacted during July – September of this year, according to real estate consultancy Dunwell Industrial Brokerage.
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06
Oct
2022
Oct
2022
Property investments in Romania up 16.5% by Q3 2022
Investment transactions in Romania’s commercial property sector amounted to €656 million in the first three quarters of 2022, which was up 16.5% compared to the same period of last year, with offices driving deal volumes, according to real estate consultancy JLL Romania.
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06
Oct
2022
Oct
2022
One United Properties buys office project in Bucharest
Romanian developer One United Properties has purchased Bucharest-based office project Eliade Tower from Eurobank Greece for €9.5 million. The building is located near the company’s mixed-use complex One Floreasca City.
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04
Oct
2022
Oct
2022
Colliers to handle leasing of Vitan Estates in Bucharest
US-owned Bucharest Properties REIT has appointed real estate consultancy Colliers to provide full corporate leasing services for Vitan Estates, Bucharest's first residential development exclusively for rental.
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04
Oct
2022
Oct
2022
STC Partners gets permit for Bucharest resi project
Property developer STC Partners has obtained the building permit for both phases of the Quartier Azuga residential complex, along with the Green Homes pre-certification and will start construction works for the first phase this autumn.
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30
Sep
2022
Sep
2022
CTP gets BREEAM Outstanding for Clubhaus in CTPark Bucharest West
Industrial developer CTP has obtained the first BREEAM Outstanding certification in its Romanian portfolio for the Clubhaus multifunctional space, part of CTPark Bucharest West.
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28
Sep
2022
Sep
2022
Impact delivers apartments in northern Bucharest
Romanian property company Impact Developer & Contractor has completed a new phase in its Greenfield Băneasa project in northern Bucharest. The recently delivered phase has a market value of more than €16 million.
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28
Sep
2022
Sep
2022
Land for over 30,000 apartments secured in Bucharest
Residential developers have been the most active in terms of land acquisitions in the past 2.5 years, as they secured land plots which allow the construction of more than 30,000 units in all parts of Bucharest, according to data from real estate consultancy Cushman & Wakefield Echinox.
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Latest news
- Griffin and Primestar launch JV for Polish hotel investments
- JLL Real Estate Industry Charity Beach Volleyball Tournament is back in 2026
- HelloParks sells logistics facility in Fót to international investor
- CEE office market hits record low on new construction
- Talent is reshaping the office
- Panattoni completes 22,500 sqm factory in Tuchom
- BNP Paribas Real Estate Poland names new CEO
- Europe's next growth corridor is emerging in the East
- Luxent Fund buys two Prague apartment buildings
- VGP inks new lease deals of 30,000 sqm in Romania
New leases
- International flexible office operator SwitchUp has launched its expansion into the Polish market, securing a lease agreement for 2,100 sqm of space at the AFI Office House in Warsaw. The transaction represents the company’s debut contract in Poland, positioning the operator within the first office building of the city’s upcoming Towarowa22 regeneration development. Savills acted as the deal broker.
- International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
- Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
