ARTICLES LABELLED WITH TAG bucharest

News - Element Industrial completes first phase of project near Bucharest
08
Apr
2022

Element Industrial completes first phase of project near Bucharest

by Property Forum
Romanian developer Element Industrial has inaugurated the first phase of ELI Park 3 industrial project in Buftea-Chitila area, near Bucharest. 
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News - Romanian employees say WFH impacted team relations
07
Apr
2022

Romanian employees say WFH impacted team relations

by Property Forum
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. 
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News - Bucharest office stock reaches 3.27 million sqm in Q1 2022
07
Apr
2022

Bucharest office stock reaches 3.27 million sqm in Q1 2022

by Property Forum
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. 
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News - One United Properties buys land in Bucharest
07
Apr
2022

One United Properties buys land in Bucharest

by Property Forum
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. 
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News - Romania's retail stock tops 4 million sqm by Q1 2022
06
Apr
2022

Romania's retail stock tops 4 million sqm by Q1 2022

by Property Forum
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. 
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News - Speedwell moves HQ to own project in Bucharest
04
Apr
2022

Speedwell moves HQ to own project in Bucharest

by Property Forum
Property developer Speedwell has leased 630 sqm in its own Miro office building, which it developed in northern Bucharest. 
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News - Globalworth takes over CATTED industrial project in Bucharest
04
Apr
2022

Globalworth takes over CATTED industrial project in Bucharest

by Property Forum
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.
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News - Bucharest offers cheapest office rent among major European cities
01
Apr
2022

Bucharest offers cheapest office rent among major European cities

by Property Forum
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. 
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News - Property investments in Romania up 8.7% in past two years
31
Mar
2022

Property investments in Romania up 8.7% in past two years

by Property Forum
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.
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News - PPF Real Estate buys office construction site in Bucharest
30
Mar
2022

PPF Real Estate buys office construction site in Bucharest

by Property Forum
Czech investor PPF Real Estate has purchased a construction site land with a building permit in Bucharest, for the development of a new office building named ARC from property developer RC Europe. The project is due for completion in 2024 following an estimated investment of €60 million. 
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Latest news


New leases

  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
  • Lighting solutions provider Luxiona has secured 430 sqm of office space at the Warsaw-based Greenwings Offices complex. The site will serve as the company's Polish HQ and a dedicated showroom for its lighting range. Axi Immo represented the tenant in the transaction.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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