ARTICLES LABELLED WITH TAG bucharest
25
Nov
2021
Nov
2021
Forty Management plans new residential projects worth €310 million
Romanian developer Forty Management plans to start new residential projects covering 138,000 sqm with a market value of more than €310 million. The investments are in various permitting stages.
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23
Nov
2021
Nov
2021
Residential sales in Romania surge 65% on 10 months
The number of residential units sold in Romania in the first 10 months of 2021 increased by 65% to more than 150,000 individual units compared to the same period form 2021, according to official data from the National Agency of Cadastre and Real Estate Advertising.
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17
Nov
2021
Nov
2021
Suburban and rural residential markets gain ground in Romania
Working from anywhere and social distancing recommendations have led to a population migration trend towards quieter areas in the suburbs or in localities around big Romanian cities on the back of the ongoing health crisis, according to a report of real estate consultancy Colliers.
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16
Nov
2021
Nov
2021
The greener the property, the higher the resale value
Phase 2 of Bucharest-based multi-family project Atria Urban Resort is already 75% pre-sold with completion of the project scheduled for 2024. Liria Themo, Marketing Manager at Atria Urban Resort talked to Property Forum about the importance of sustainability and flexibility in residential development and also shared the company’s future plans and her market expectations.
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15
Nov
2021
Nov
2021
Point Development to deliver next phase of Bucharest resi scheme soon
Property company Point Development says it will deliver 107 apartments in its resi scheme City Point in the first half of 2022.
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15
Nov
2021
Nov
2021
Metav to invest over €120 million in Bucharest project
Romanian property company Metav says that it will kick off the development of a new mixed-use scheme in Bucharest in the second half of 2022.
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15
Nov
2021
Nov
2021
Impact records profit of €7.3 million for Q1-Q3 2021
Romania's Impact Developer & Contractor says its revenue amounted to €22.29 million in the first nine months, while the profit stood at €7.3 million.
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12
Nov
2021
Nov
2021
CTP inks lease deal with Tuborg Romania in Bucharest
CTP, the biggest owner of industrial and logistics spaces in Romania, says it has signed a lease deal with beverage maker Tuborg Romania.
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11
Nov
2021
Nov
2021
Fortim Trusted Advisors aims for 30% turnover growth in 2022
Fortim Trusted Advisors, the property consultancy member in the BNP Paribas Real Estate Alliance in Romania, says it will record a turnover of RON 5 million (around €1 million) this year, while next year’s growth expectations are set at 30% year-on-year.
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10
Nov
2021
Nov
2021
Bucharest office deliveries hit record in Q3 2021
New offices totaling 132,200 sqm were delivered on the Bucharest market during the third quarter, making it the best ever in terms of supply, while 9-months deliveries reached 178,000 sqm, according to real estate consultancy Cushman & Wakefield Echinox.
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Latest news
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- iO Partners launches workplace strategy platform
- Ares acquires Polish logistics portfolio from Savills IM
- LemonTree starts second phase of Lablogic Warsaw project
- Kingstone RE partners with Iroko for Polish expansion
- pbb provides €36m loan to AYA Properties Fund for Warsaw office deal
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.
