ARTICLES LABELLED WITH TAG bucharest
28
Feb
2022
Feb
2022
Grand Hotel Bucharest kicks off renovation works
Bergam Design House will manage the renovation process of Grand Hotel Bucharest, former Intercontinental Bucharest, as part of an €21 million investment that will be completed in 2024.
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28
Feb
2022
Feb
2022
One United Properties records sharp increase in profits
Romanian developer One United Properties recorded revenues of 1.1 billion lei (€222 million) during 2021, up 105% year-on-year, while the gross profit expanded almost two-fold to 603.5 million lei (€122 million) over higher residential sales and increased rental income.
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25
Feb
2022
Feb
2022
Impact Developer & Contractor reports higher residential sales in 2021
Romania's Impact Developer & Contractor says it sold 430 residential units during 2021, of which pre-sold apartments sales gained 37% to 250 million lei (€50.5 million), while the rest of 183 units were worth 138 million (€27.8 million).
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24
Feb
2022
Feb
2022
Fashion House Group expands Bucharest outlet centre
Fashion House Outlet Centre Pallady will undergo an expansion of 5,674 sqm roughly one year after the delivery of the first phase of the project located on the eastern outskirts of Bucharest.
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23
Feb
2022
Feb
2022
Home listing prices in Romania up 3.4% in Q4 2021
List prices for residential properties in Romania rose by 3.4% in the last quarter of 2021 compared to the previous three months.
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23
Feb
2022
Feb
2022
New office supply in Bucharest to hit 5-year low in 2022
With six new office buildings slated for delivery this year, the leasable stock will grow by 135,700 sqm, which is the lowest level since 2017, according to real estate consultancy CBRE.
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16
Feb
2022
Feb
2022
Forty Management secures €65 million loan for Bucharest project
Romanian developer Forty Management has secured a syndicated loan worth €65 million for a new mixed-use project in Bucharest.
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16
Feb
2022
Feb
2022
Fortim grows property management arm in Cluj
Fortim, a member of the BNP Paribas Real Estate Alliance, has expanded its property management portfolio with the office project Maestro Center in Cluj-Napoca and Tureni Industrial Park in Cluj County.
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10
Feb
2022
Feb
2022
New retail supply of 100,000 sqm expected in Romania this year
Around 100,000 sqm of new retail spaces should be completed during 2022 in Romania, of which more than 80% are located in retail parks, according to a report by real estate consultancy Cushman & Wakefield Echinox.
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10
Feb
2022
Feb
2022
Alesonor inks deal with Holcim for green villas near Bucharest
Property developer Alesonor has signed a partnership with Holcim Romania Group for the supply of innovative construction materials that will be used in the Amber Forest suburb near Bucharest.
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Latest news
- HelloParks sells logistics facility in Fót to international investor
- CEE office market hits record low on new construction
- Talent is reshaping the office
- Panattoni completes 22,500 sqm factory in Tuchom
- BNP Paribas Real Estate Poland names new CEO
- Europe's next growth corridor is emerging in the East
- Luxent Fund buys two Prague apartment buildings
- VGP inks new lease deals of 30,000 sqm in Romania
- StudentSpace expands with second location in Warsaw
- Autonet renews 26,000 sqm lease at CTPark Bucharest South
New leases
- International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
- Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
- Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
