ARTICLES LABELLED WITH TAG Bucharest

News Office leasing in Bucharest falls during H1 2024
05
Sep
2024

Office leasing in Bucharest falls during H1 2024

by Property Forum
The volume of office leasing in Bucharest amounted to 168,000 sqm during H1 2024, down 11% compared to the same period of last year, with the average new lease deal at more than 1,100 sqm, according to Cushman & Wakefield Echinox. 
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News Strabag to build new office for PPF Real Estate in Bucharest
02
Sep
2024

Strabag to build new office for PPF Real Estate in Bucharest

by Property Forum
The Romanian unit of Strabag has been selected as generator contractor for the construction of a new office building for PPF Real Estate in Bucharest. 
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News Genesis Property secures BREEAM certification for building in Yunity Park
02
Sep
2024

Genesis Property secures BREEAM certification for building in Yunity Park

by Property Forum
Romanian developer Genesis Property has obtained the BREEAM International In-Use certification, Outstanding, for Building F in its Bucharest-based Yunity Park business campus.
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News CTP rolls out CTBox concept in Romania with flexible spaces
29
Aug
2024

CTP rolls out CTBox concept in Romania with flexible spaces

by Property Forum
Industrial developer CTP has launched its first CTBox building in Romania on the premises of CTPark Bucharest West. 
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News Logicor makes large land purchase in Eastern Bucharest
27
Aug
2024

Logicor makes large land purchase in Eastern Bucharest

by Property Forum
Logistics developer Logicor has purchased a land plot spanning 4.6 hectares from toy retailer Jumbo for an undisclosed sum.
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News Immofinanz sells office project in northern Bucharest
26
Aug
2024

Immofinanz sells office project in northern Bucharest

by Property Forum
Austrian real estate group Immofinanz, part of CPI Property Group, has sold its office complex Iride Park in northern Bucharest for around €45 million. 
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News Romania sees more hotel deals under €5 million
26
Aug
2024

Romania sees more hotel deals under €5 million

by Property Forum
Romania’s hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report. 
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News EBRD invests in Romanian retailer La Cocoș
22
Aug
2024

EBRD invests in Romanian retailer La Cocoș

by Property Forum
The European Bank for Reconstruction and Development (EBRD) has announced a €10 million equity investment in Romanian retail chain La Cocoș. Additional equity funding will be provided by CEECAT Capital and Morphosis Capital to support the retailer’s development plans.
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News Bucharest hotel market to add 2,400 rooms by 2026
22
Aug
2024

Bucharest hotel market to add 2,400 rooms by 2026

by Property Forum
Bucharest’s hotel market is set to expand by around 2,400 rooms by 2026, outpacing the estimated growth from other CEE-based capital cities, according to a Cushman & Wakefield report.
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News PeliPartners assists Immofinanz on myhive Victoriei sale
21
Aug
2024

PeliPartners assists Immofinanz on myhive Victoriei sale

by Property Forum
Romanian law firm PeliPartners has assisted Immofinanz in the sale of myhive Victoriei to AFI Europe, in a deal worth an estimated €27 million.
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Latest news


New leases

  • Moto-Profil, distributors of automotive parts and accessories, has extended its cooperation with Prologis. Since 2010, the company has been developing its logistics operations at Prologis Park Chorzów, where it benefits from a warehouse of nearly 60,000 sqm.
  • A manufacturer of protective clothing and health and safety accessories, Procera, has become a new tenant of the Hillwood Częstochowa - Miasto park (southern Poland). The company will occupy nearly 4,500 sqm of warehouse and office space.
  • Europe Distribution Group has signed a lease agreement for 7,500 sqm at the MLP Wrocław logistics park. The lease includes 7,300 sqm of warehouse space and 200 sqm dedicated to office and staff facilities. The transaction was facilitated by the real estate advisory firm Sawitar Estate Broker.

New appointments

  • At the beginning of the year, Roberto Mateos, an experienced hotelier who has been with the Barceló Hotel Group for almost two decades, took over as general manager of the Barceló Warsaw Powiśle hotel.
  • Axi Immo is strengthening its organisational structure by appointing Danuta Dzierżak as Business Development Director. In her new role, she will be responsible for developing all business lines, acquiring new clients, and building relationships with key business partners in Poland and abroad.
  • Avison Young has announced several promotions within its Poland operations. In the Valuation and Advisory department, Agnieszka Bogucka and Marta Marat have both been promoted to Senior Valuer. In the Investment Advisory department, Artur Czuba has been promoted to Director. The Office Agency department has promoted Filip Filipowicz to Senior Consultant. In the Technical Advisory department, Kamil Olechniewicz has been promoted to Senior Project Manager. Additionally, Renata Zielińska took the position of Senior Consultant in the Investment department.

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