ARTICLES LABELLED WITH TAG bucharest
17
May
2022
May
2022
HAVI reports sustainability results from Chitila Logistics Hub
Supply chain operator HAVI says it will obtain a reduction of carbon emissions by 7,000 tonnes over its 10-year lease in Chitila Logistics Hub, where it has been present for six months.
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17
May
2022
May
2022
IMPACT Developer & Contractor records Q1 profit growth of 49%
Romanian IMPACT Developer & Contractor has recorded a gross profit of 16.7 million lei (€3.3 million) in the first quarter of 2022, up 49% compared to the same period of last year over higher residential sales.
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16
May
2022
May
2022
One United Properties Q1 2022 turnover up 81%
Romanian developer One United Properties said its first quarter turnover gained 81% to €70.5 million compared to Q1 2021, while its gross profit rose almost fourfold to €42 million over higher residential sales and rental income.
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05
May
2022
May
2022
Romanian home prices increase in April
Asking prices for apartments in Romania rose by an average of 3.2% to €1,707 per sqm in April compared to the previous month, while on a 12-month basis prices expanded by 22.3%, according to a report by Imobiliare.ro platform.
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05
May
2022
May
2022
Romania's industrial market records strong demand
More than 50% of the industrial and logistics projects under construction in Romania are already pre-leased with leasing activity in Q1 2021 rising by 50% to over 300,000 sqm compared to the same quarter of 2021, according to a report by Cushman & Wakefield Echinox.
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03
May
2022
May
2022
Tech drives Q1 office leases in Romania
Companies in the IT&C sector had a share of 32% in Bucharest’s office lease market in Q1 and generated 93.6% of new leasing transactions in regional cities such as Cluj-Napoca, Iași, Timișoara and Sibiu.
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02
May
2022
May
2022
Primark to open store in AFI Cotroceni
Irish fashion retailer Primark will open a new store in AFI Cotroceni, the shopping mall owned by AFI Europe in Bucharest.
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28
Apr
2022
Apr
2022
Genesis Property invests €50 million in Bucharest office reconversion
Romanian developer Genesis Property will invest €50 million in the transformation of office complex Novo Park into YUNITY Park, a campus that will include co-working and co-living spaces. The project spanning seven buildings with a leasable area of 75,000 sqm will be completed in the first quarter of 2023.
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27
Apr
2022
Apr
2022
Maracana adds warehouse space in MLP Bucharest West
Logistics provider Maracana has signed a lease to expand its warehouse capacity to over 10,000 sqm in MLP Bucharest West, in a deal brokered by real estate consultancy JLL Romania.
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18
Apr
2022
Apr
2022
Homes under construction in Bucharest reach fresh high
Over 27,000 new homes are under construction in Bucharest and its surrounding areas, which is the largest number in the modern history of the local residential market, according to real estate consultancy SVN Romania.
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Latest news
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- CA Immo inks 14,500 sqm lease for Prague-based Danube House
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- 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.
