ARTICLES LABELLED WITH TAG bucharest
30
May
2022
May
2022
Cluj-Napoca remains the most expensive resi market in Q1 2022
Apartments in Cluj-Napoca have the biggest sale prices in Romania, with owners asking for an average of €2,240 per sqm in the first quarter, which was up 21% compared to the same period of last year, shows a report by Imobiliare.ro platform.
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30
May
2022
May
2022
America House in Bucharest completes refurbishment
The America House office building in central Bucharest was refurbished as part of a €10 million investment that included the upgrading of the exterior ground floor area and the extension of green spaces.
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30
May
2022
May
2022
Synergy Construct to open new retail park in Bucharest
Romanian construction firm Synergy Construct will open in September a new retail park in northern Bucharest, next to highway A3, following an investment of €15 million.
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25
May
2022
May
2022
NEPI Rockcastle resi project in Bucharest reaches 35% sale rate
NEPI Rockcastle says it has reached a 35% sale rate for its first residential project in Bucharest in the first seven months of development.
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23
May
2022
May
2022
AFI completes refurbishment of Bucharest office building
AFI Europe Romania has completed the refurbishment of all public areas within its AFI Lakeview office building in Bucharest following an investment of around €2 million.
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23
May
2022
May
2022
SIF Banat-Crișana’s Bucharest land purchase challenged in court
Tabogo Property, a company owned by Canadian investor Michael Topolinski, has challenged in court SIF Banat-Crișana’s purchase of a land plot in Bucharest. The financial company won the €33.59 million tender for Belvedere Cigarette Factory last week.
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23
May
2022
May
2022
Plaza Centers seeks damages from Romania in court
Property developer Plaza Centers is seeking €262.2 million in damages from the Romanian state, alleging that it recorded massive losses from the Casa Radio project in Bucharest. The company filed a complaint with the International Centre for Settlement of Investment Disputes (ICSID) in Washington.
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23
May
2022
May
2022
Bucharest-based Golden Tulip Victoria hotel sold
Hotel group Real Estate&Constructii, controlled by David Fattal, has completed the acquisition of Golden Tulip Victoria hotel in Bucharest, according to rhn.ro.
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20
May
2022
May
2022
Bucharest’s office vacancy rate at 16.5% in Q1 2022
The vacancy rate in Bucharest’s office market remained flat at 16.5% in the first quarter of 2022, similar to last year, although there is a growing gap between Class A projects and older buildings in areas with lower demand, according to real estate consultancy Colliers.
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17
May
2022
May
2022
Țiriac Imobiliare delivers office project in central Bucharest
Romanian developer Țiriac Imobiliare has officially opened its new office project in central Bucharest, located near Victoriei Square.
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Latest news
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- CityOne Group acquires logistics project in Budapest from Woco Group
- Data centre demand in Europe to soar in 2026
- Kvadrat Acoustics leases 10,000 sqm at Panattoni Park Poznań
- CA Immo inks 14,500 sqm lease for Prague-based Danube House
- Check who’s shaping Slovakia’s real estate market in 2026
- Passerinvest starts construction of 33,000 sqm office building in Prague
- Amazon to develop 200,000 sqm robotic fulfilment centre in Poland
- Globalworth reaches 60% pre-lease for new office in Bucharest
New leases
- Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
- Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
- Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.
New appointments
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
- iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
- Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
