ARTICLES LABELLED WITH TAG Bucharest

News Plana-Nova builds regional logistics centre in Bucharest
02
Apr
2021

Plana-Nova builds regional logistics centre in Bucharest

by Property Forum
German carmaker Mercedes-Benz is boosting its logistics operations in Romania. Construction firm Plana-Innova was selected to build its new centre that will have a maximum storage capacity for 45,000 products. 
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News Novo Park office complex in Bucharest to be upgraded
02
Apr
2021

Novo Park office complex in Bucharest to be upgraded

by Property Forum
Romanian entrepreneur Liviu Tudor has announced plans to revamp Novo Park, the office park he owns in northern Bucharest. The office facades will be refreshed and solar panels will be placed on top of each of the seven buildings in the complex. 
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News GTC names Ziv Gigi as Managing Director in Romania
01
Apr
2021

GTC names Ziv Gigi as Managing Director in Romania

by Property Forum
Real estate investor and developer GTC has appointed Ziv Gigi as Managing Director of operations in Romania. He has more than 15 years of experience in Central and Eastern Europe-based real estate markets, developing and operating dozens of projects in the office and retail segments.  
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News Bucharest land market reached €194 million in 2020
16
Mar
2021

Bucharest land market reached €194 million in 2020

by Property Forum
In 2020, the total volume invested in land acquisitions in the Bucharest – Ilfov region reached €194 million, reflecting a 6.5% decrease compared to 2019, according to Cushman & Wakefield Echinox.  
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News What will Bucharest look like in 2025?
17
Feb
2021

What will Bucharest look like in 2025?

by Property Forum
Bucharest – the skyline transformation by 2025, an exclusive investment/destination marketing oriented real estate digital tour, for optimism and perspective after a traumatic year (2020), is out now, published by Romania's Real Estate Yearbook 2020.
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News Gran Via Romania sold €44 million worth apartments in 2020
26
Jan
2021

Gran Via Romania sold €44 million worth apartments in 2020

by Property Forum
Spanish developer Gran Via Real Estate announces results beyond expectations for 2020 on the Romanian market. Despite two months of lockdown measures due to the pandemic, the company traded 478 residential units, with a total value of €44.2 million. 
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News C&W Echinox to manage one more Bucharest office building
18
Jan
2021

C&W Echinox to manage one more Bucharest office building

by Property Forum
Cushman & Wakefield Echinox has been appointed to manage Floreasca Park office project located in the Floreasca - Barbu Văcărescu area in the north of Bucharest, the largest business hub in the Capital.
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News Indian group Viraj sells 10 ha land plot in Bucharest
14
Jan
2021

Indian group Viraj sells 10 ha land plot in Bucharest

by Property Forum
The Negoiță family, which also includes the mayor of sector 3 of Bucharest, bought a land of over 10 hectares of the former Tubinox pipe factory from the Indian steel group Viraj, Profit.ro informs.
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News Local developer buys former factory in Bucharest
07
Jan
2021

Local developer buys former factory in Bucharest

by Property Forum
Liviu Tudor, the Romanian investor who owns the most office space in Bucharest through Genesis Property, bought a former factory for which he paid €3 million, Ziarul Financiar reports citing market sources.
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News S Immo buys two office buildings in Bucharest from Skanska
14
Dec
2020

S Immo buys two office buildings in Bucharest from Skanska

by Property Forum
S Immo AG has purchased two properties of the Campus 6 business park in Bucharest from developer Skanska with a total investment volume of €97 million. The two buildings have a total leasable area of nearly 38,000 square metres and both are fully let. Key tenants are Microsoft and Société Générale.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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