ARTICLES LABELLED WITH TAG bucharest

News - Speedwell secures new financing for Bucharest resi project
10
Jan
2022

Speedwell secures new financing for Bucharest resi project

by Property Forum
Property developer Speedwell has signed a top up financing agreement with Garanti BBVA to back the construction of the second building of The Ivy residential project in Bucharest, taking the overall loan deal to €15 million.
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News - Residential prices in Romania up 2.7% in January
07
Jan
2022

Residential prices in Romania up 2.7% in January

by Property Forum
Asking prices for apartments in Romania were up 2.7% at the start of January compared to last month, to €1,551 per sqm, with Cluj-Napoca leading the growth trend, according to real estate platform Imobiliare.ro.
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News - Atenor completes sale of Dacia One in Bucharest
06
Jan
2022

Atenor completes sale of Dacia One in Bucharest

by Property Forum
Property developer Atenor got €50 million from the sale of Dacia One office project in Bucharest to Pavăl Holding, in a deal brokered by real estate consultancy Colliers. 
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News - GTC secures green certificate for Bucharest office building
06
Jan
2022

GTC secures green certificate for Bucharest office building

by Property Forum
Property developer GTC has received LEED Gold certification for the Cascade Office Building located in central Bucharest. 
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News - Impact Developer & Contractor runs share capital increase
04
Jan
2022

Impact Developer & Contractor runs share capital increase

by Property Forum
Romanian Impact Developer & Contractor aims to raise up to €50 million through a private placement at a price of RON 0.70 per share. 
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News - CTP buys warehouses in Târgu Mureș
30
Dec
2021

CTP buys warehouses in Târgu Mureș

by Property Forum
CTP, the biggest owner and developer of industrial projects in Romania, has taken over warehouses in Târgu Mureș from domestic furniture retailer Mobexpert. 
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News - Atenor delivers Dacia One office project in Bucharest
29
Dec
2021

Atenor delivers Dacia One office project in Bucharest

by Property Forum
Property developer Atenor delivered its office project Dacia One in central Bucharest at the end of December 2021, roughly five months after selling the building to Pavăl Holding, the owner of Romanian DIY retailer Dedeman. 
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News - Kesz Group buys 16,000 sqm land plot in Bucharest
23
Dec
2021

Kesz Group buys 16,000 sqm land plot in Bucharest

by Property Forum
Kesz Group, one of Hungary's largest construction companies, has purchased a land plot of 16,000 sqm in northern Bucharest for an undisclosed sum where it plans to develop a residential complex. 
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News - Radisson Hotel Group plans to add brands in Romania
20
Dec
2021

Radisson Hotel Group plans to add brands in Romania

by Property Forum
Radisson Hotel Group is planning to grow its portfolio of brands operating in Romania and will roll out new formats on the local market. 
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News - CTP Romania has over 240,000 sqm of space under construction
17
Dec
2021

CTP Romania has over 240,000 sqm of space under construction

by Property Forum
CTP Romania, the largest developer and owner of warehouses in the country, has more than 270,000 sqm currently under construction in Bucharest and regional cities, accounting for around 26% of all development underway at the group level. 
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Latest news


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.

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