ARTICLES LABELLED WITH TAG bucharest
13
Apr
2022
Apr
2022
S Immo buys Expo Business Park in Bucharest
Real estate investment company S Immo AG has purchased the Expo Business Park office project in Bucharest from Portland Trust for an undisclosed sum.
Read more >
08
Apr
2022
Apr
2022
Element Industrial completes first phase of project near Bucharest
Romanian developer Element Industrial has inaugurated the first phase of ELI Park 3 industrial project in Buftea-Chitila area, near Bucharest.
Read more >
07
Apr
2022
Apr
2022
Romanian employees say WFH impacted team relations
Some 82.6% of employees in Romania say that working from home has affected their relationship with their team, according to a survey conducted by office developer Genesis Property.
Read more >
07
Apr
2022
Apr
2022
Bucharest office stock reaches 3.27 million sqm in Q1 2022
The office market in Bucharest expanded by 73,500 sqm to a total stock of 3.27 million sqm at the end of the first quarter of 2022, while leasing activity expanded by 44% compared to the first quarter of 2021, according to CBRE.
Read more >
07
Apr
2022
Apr
2022
One United Properties buys land in Bucharest
Romanian developer One United Properties has purchased a land plot of 3,065 sqm for the extension of its residential complex One Lake Club, located on the shores of the Lake Tei in Bucharest.
Read more >
06
Apr
2022
Apr
2022
Romania's retail stock tops 4 million sqm by Q1 2022
Romania’s modern retail stock reached 4.02 million sqm at the end of the first quarter, with the new supply expanding by 19,500 sqm, according to a report by real estate consultancy CBRE.
Read more >
04
Apr
2022
Apr
2022
Speedwell moves HQ to own project in Bucharest
Property developer Speedwell has leased 630 sqm in its own Miro office building, which it developed in northern Bucharest.
Read more >
04
Apr
2022
Apr
2022
Globalworth takes over CATTED industrial project in Bucharest
Property investor Globalworth has purchased a small business units logistics project previously developed by CATTED in Chitila, near Bucharest. Furthermore, the two companies will acquire a land plot of around 45,000 sqm in Ștefănești for a new logistics investment.
Read more >
01
Apr
2022
Apr
2022
Bucharest offers cheapest office rent among major European cities
Class A offices in Bucharest have some of the cheapest rents compared to other large European cities with strong business centres, according to a report by BNP Paribas Real Estate Alliance members.
Read more >
31
Mar
2022
Mar
2022
Property investments in Romania up 8.7% in past two years
Romania's commercial property market has remained liquid throughout the pandemic period, with total investment volumes reaching €1.83 billion over the 2020-2021 period, up 8.7% versus 2018-2019, according to a report by real estate consultancy Cushman & Wakefield Echinox.
Read more >
Latest news
- RC2, Antares Management sell 4-star hotel in Mamaia
- Trigea acquires Wola Center in major Warsaw office deal
- 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
- CEE property markets set for growth in 2026 amid supply gaps and modernization
- Jared Kushner abandons plans for Trump-branded hotel in Serbia
- Hubix invests €20 million in resi project near Bucharest
- DL Invest Group buys Platan Park Warsaw
- Offices still dominate – What could challenge them next?
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.
