ARTICLES LABELLED WITH TAG bucharest
29
Jun
2022
Jun
2022
Speedwell gets BREEAM Excellent certification for Bucharest office
Property developer Speedwell has received the BREEAM Excellent certification for its Miro office project based in northern Bucharest.
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27
Jun
2022
Jun
2022
Indotek Group buys office building in Bucharest
Hungarian investor Indotek Group has purchased the One Victoriei Center office building in central Bucharest as part of its expansion strategy for an undisclosed sum.
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23
Jun
2022
Jun
2022
STC Partners to develop new resi project in Bucharest
STC Partners will invest more than €20 million in a new residential complex comprising over 200 apartments in Bucharest. The first development phase of Quartier Azuga will kick off in October 2022 and is slated for delivery in the first semester of 2024, while the entire project should be completed in early 2025. Crosspoint Real Estate has been appointed exclusive sales agent.
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22
Jun
2022
Jun
2022
Camicna Development invests in luxury resi project in Bucharest
Local real estate developer Camicna Development has started the construction of Acmanic, a boutique luxury residential project worth €25 million that includes 51 duplex apartments.
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22
Jun
2022
Jun
2022
CTP delivers 35,000 sqm warehouse near Bucharest
CTP has delivered a built-to-suit warehouse spanning 35,000 sqm in CTPark Mogoșoaia, near Bucharest, for pharmacy chain A&D Pharma – Dr. Max Group.
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21
Jun
2022
Jun
2022
AFI Tech Park 2 in Bucharest gets LEED Platinum precertification
AFI Europe Romania has secured the LEED Platinum precertification for AFI Tech Park 2, the second phase of the AFI Tech Park office development located in Bucharest. The developer worked with Colliers on the certification process.
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20
Jun
2022
Jun
2022
Romanian industrial stock hits 5.9 million sqm in H1 2022
The modern stock of industrial spaces in Romania reached 5.9 million sqm in the first semester of 2022, with 500,000 sqm under construction and 44% of this volume already pre-let, according to a report by real estate consultancy CBRE.
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16
Jun
2022
Jun
2022
Over 500,000 sqm of new retail space planned in Romania
The retail market in Romania is set to expand by more than 500,000 sqm in the next four years, with 10 of the projects in the pipeline each having more than 10,000 sqm, according to Cushman & Wakefield Echinox.
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14
Jun
2022
Jun
2022
Higher construction costs to push rents up for new projects in Romania
Rents for commercial projects that are being developed at present in Romania will grow in the next 2-3 years, while demand for green buildings will continue to expand, concluded speakers at a panel discussion at Property Forum’s annual Summer Networking Party organised in Bucharest.
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07
Jun
2022
Jun
2022
Home prices in Romania slightly grow in May
Residential asking prices in Romania grew by 2.5% in May compared to April to an average of €1,751 per sqm, with Cluj-Napoca remaining the most expensive market in the country, according to the Imobiliare.ro platform.
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- pbb provides €36m loan to AYA Properties Fund for Warsaw office deal
New leases
- Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
- Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
- Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
New appointments
- Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
- Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
