ARTICLES LABELLED WITH TAG bucharest
14
Dec
2021
Dec
2021
Akcent Development invests €75 million in Bucharest apartments
Romanian Akcent Development will invest around €75 million in Akcent City, a new residential project with 810 apartments located in the Bucureștii Noi area of northern Bucharest.
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13
Dec
2021
Dec
2021
InterContinental Bucharest to rebrand as Grand Hotel Bucharest
InterContinental Romania has finalized the hotel operating contract with IHG Hotel & Resorts so the name of the property in central Bucharest will be changed to Grand Hotel Bucharest.
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09
Dec
2021
Dec
2021
Kid Group invests €35 million in Bucharest apartments
Kid Group has kicked off the development of a new residential complex in northern Bucharest following an investment of €35 million.
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08
Dec
2021
Dec
2021
Alesonor secures construction permit for villas near Bucharest
Property developer Alesonor says it has obtained the construction permit for the first villas of Amber Forest complex it will develop in the suburbs of Bucharest.
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07
Dec
2021
Dec
2021
Euro Tower certified as first net-zero carbon building in Romania
Office building Euro Tower, developed by Cascade Group in central Bucharest, has obtained the first LEED ZERO CARBON certification in Romania.
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06
Dec
2021
Dec
2021
Redport Capital, Mobexpert buy land in northern Bucharest
Property developer Redport Capital and furniture retailer Mobexpert have jointly purchased a land plot of 44,000 sqm in northern Bucharest in a bid to support new residential investments.
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06
Dec
2021
Dec
2021
PPF Real Estate upgrades Bucharest office building
Property developer and investor PPF Real Estate has invested close to €1 million in redesigning the ground floor of Metropolis Center, the office building that it owns in central Bucharest.
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30
Nov
2021
Nov
2021
Impact Developer & Contractor secures €4.25 million loan
Romanian Impact Developer & Contractor says it got a loan of €4.25 million with a 4-year maturity from Garanti Bank to finance its working capital.
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25
Nov
2021
Nov
2021
AFI Europe makes land acquisitions in northern Bucharest
Property developer AFI Europe has taken over two plots of land in northern Bucharest, in a deal worth €12 million, for the development of its first build-to-rent residential project.
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25
Nov
2021
Nov
2021
New office deliveries in Bucharest up 24% in Q1 – Q3 2021
New office spaces with a combined surface of 153,900 sqm have been delivered in the first nine months in Bucharest, of which 107,900 sqm in Q3 alone, according to real estate consultancy JLL Romania. Total deliveries were up 24% year-on-year.
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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.
