ARTICLES LABELLED WITH TAG bucharest

News - Bucharest office deliveries slow down by Q3
24
Oct
2022

Bucharest office deliveries slow down by Q3

by Property Forum
The office market is going through a period of stagnation, recording demand values similar to those of 2021, while new deliveries amounted to 105,000 sqm by September 2022, compared to 154,000 sqm in the same period of last year, according to real estate consultancy JLL Romania.
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News - GTC completes refurbishment of Bucharest office project
20
Oct
2022

GTC completes refurbishment of Bucharest office project

by Property Forum
Property developer GTC has completed the refurbishment of its City Gate Complex office project in Bucharest following an investment of €3.5 million.
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News - Bucharest hits 5-year office delivery low
19
Oct
2022

Bucharest hits 5-year office delivery low

by Property Forum
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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News - Bog’Art completes Bucharest resi project
11
Oct
2022

Bog’Art completes Bucharest resi project

by Property Forum
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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News - Industrial leasing in Romania posts strong performance in Q3 2022
10
Oct
2022

Industrial leasing in Romania posts strong performance in Q3 2022

by Property Forum
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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News - Property investments in Romania up 16.5% by Q3 2022
06
Oct
2022

Property investments in Romania up 16.5% by Q3 2022

by Property Forum
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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News - One United Properties buys office project in Bucharest
06
Oct
2022

One United Properties buys office project in Bucharest

by Property Forum
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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News - Colliers to handle leasing of Vitan Estates in Bucharest
04
Oct
2022

Colliers to handle leasing of Vitan Estates in Bucharest

by Property Forum
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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News - STC Partners gets permit for Bucharest resi project
04
Oct
2022

STC Partners gets permit for Bucharest resi project

by Property Forum
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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News - CTP gets BREEAM Outstanding for Clubhaus in CTPark Bucharest West
30
Sep
2022

CTP gets BREEAM Outstanding for Clubhaus in CTPark Bucharest West

by Property Forum
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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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • 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.

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