ARTICLES LABELLED WITH TAG Bucharest

News Art Property to boost residential management operations in Romania
21
Jan
2022

Art Property to boost residential management operations in Romania

by Property Forum
Art Property, the developer of the €20 million Art City residential complex in Bucharest, is looking to expand its presence in the property management field and appointed a new management team to implement the operational plans. 
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News Portico Investments makes new retail purchase in Bucharest
21
Jan
2022

Portico Investments makes new retail purchase in Bucharest

by Property Forum
Portico Investments has purchased a new Profi store in Bucharest, in a bid to expand its Romanian portfolio. 
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News Yellow Tree buys office building in central Bucharest
21
Jan
2022

Yellow Tree buys office building in central Bucharest

by Property Forum
Property group Yellow Tree has acquired an office building near Victoriei Square from a company that is under administration.  
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News Primark to open first store in Bucharest by year-end
20
Jan
2022

Primark to open first store in Bucharest by year-end

by Property Forum
International retailer Primark has announced the opening of its first store in Romania as part of an expansion bid in Central and Eastern Europe. The new store will start operations towards the end of this year and will be located in Bucharest-based ParkLake Shopping Centre, owned by Sonae Sierra.
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News CTP’s industrial portfolio in Romania reaches 2.1 million sqm
20
Jan
2022

CTP’s industrial portfolio in Romania reaches 2.1 million sqm

by Property Forum
CTP’s portfolio of industrial and logistics spaces in Romania reached 2.1 million sqm in January 2022, with representatives of the company suggesting that the country can become a logistics hub for the region. 
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News New office demand in Bucharest up 47% in 2021
19
Jan
2022

New office demand in Bucharest up 47% in 2021

by Property Forum
New demand for office spaces in Bucharest soared 47% to 104,000 sqm year-on-year in 2021, while total demand volumes gained 23% to 263,000 sqm, according to real estate consultancy Colliers. 
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News Heineken Romania to relocate HQ to new building in Bucharest
18
Jan
2022

Heineken Romania to relocate HQ to new building in Bucharest

by Property Forum
Beverages maker Heineken Romania will relocate its HQ to a new building under development in northern Bucharest. The company will occupy 3,200 sqm, similar to the surface it has leased in the S-Park project, owned by Immofinanz, according to profit.ro. 
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News One United delivers first phase of Bucharest office project
17
Jan
2022

One United delivers first phase of Bucharest office project

by Property Forum
Romanian developer One United Properties has completed the first phase of Bucharest-based One Cotroceni Office Park, with a gross leasable area of 46,000 sqm. The company said it has leased 75% of the office and commercial spaces by the time of delivery. 
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News Romania’s economy can absorb higher construction costs
17
Jan
2022

Romania’s economy can absorb higher construction costs

by Ovidiu Nicolae
Bogdan Doicescu, Development Director and Executive Board Member at Bog’Art, spoke with Property Forum about the company’s construction pipeline and the outlook of the real estate market in Romania going into 2022.
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News Nordis Group reports sales of €80.9 million in 2021
14
Jan
2022

Nordis Group reports sales of €80.9 million in 2021

by Property Forum
Romanian Nordis Group, specialized in the development of hotels and residential projects, recorded sales of RON 400 million (around €80.9 million), mainly in the project located in Mamaia.
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Latest news


New leases

  • Bebe Tei is scheduled to open in Q1 2026 a store spanning over 1,700 sqm in Iulius Mall Cluj. At the same time, dm drogerie markt will open this autumn a new unit spanning over 500 sqm in the same project.
  • Activ Property Services brokered the transaction in which moveX leased 3,300 sqm of modern logistics space within the Mega Company Park in Chiajna, near Bucharest.
  • The Polish branch of Lufthansa Technik AG, a global provider of maintenance, repair and overhaul services for civil aviation, has joined the group of tenants at the Infinity office building in Wrocław. The company has leased over 860 sqm of office space in the building, in the heart of the city on ul. Legnicka. Lufthansa Technik AG will move into its new headquarters in April 2026. The lease was signed for seven years.

New appointments

  • Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
  • From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.
  • Cushman & Wakefield Echinox has named Gabriel Vințe as Business Development Manager within the Project & Development Services (PDS) department. He will also oversee the business line dedicated to sustainability services. Vințe has over 21 years of experience gained in renowned companies across sectors such as financial services, retail, residential, and consultancy.

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