ARTICLES LABELLED WITH TAG Bucharest

07
Apr
2021

Romanian apartment prices on growth trend in March

by Property Forum
The average asking price for an apartment in Romania stood at €1,379 per sqm in March, up 1.5% compared to the previous month, according to a report by real estate portal Imobiliare.ro. 
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05
Apr
2021

CTP expands portfolio in northern Bucharest

by Property Forum
CTP has acquired 17.9 hectares of land in northern Bucharest for an undisclosed sum. The land was bought from two businessmen who were planning to invest €50 million in a logistics project. 
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05
Apr
2021

Retailer eMAG to invest €1.5 million in HQ revamp

by Property Forum
Online retailer eMAG will invest €1.5 million in upgrading its HQ building to accommodate the hybrid work system as it aims to make the program permanent for more than 3,000 employees. The HQ will be transformed into a collaborative workspace and will be fitted with technology systems that support the mix of office and remote work.  
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05
Apr
2021

One Cotroceni Park gets permit for residential component

by Property Forum
Real estate developer One United Properties says that it secured the construction permit for 850 apartments that will be part of mixed-used project One Cotroceni Park. The project is developed on 5.8 hectares of land, on the former Ventilatorul industrial platform in Bucharest. 
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02
Apr
2021

Plana-Nova builds regional logistics centre in Bucharest

by Property Forum
German carmaker Mercedes-Benz is boosting its logistics operations in Romania. Construction firm Plana-Innova was selected to build its new centre that will have a maximum storage capacity for 45,000 products. 
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02
Apr
2021

Novo Park office complex in Bucharest to be upgraded

by Property Forum
Romanian entrepreneur Liviu Tudor has announced plans to revamp Novo Park, the office park he owns in northern Bucharest. The office facades will be refreshed and solar panels will be placed on top of each of the seven buildings in the complex. 
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01
Apr
2021

GTC names Ziv Gigi as Managing Director in Romania

by Property Forum
Real estate investor and developer GTC has appointed Ziv Gigi as Managing Director of operations in Romania. He has more than 15 years of experience in Central and Eastern Europe-based real estate markets, developing and operating dozens of projects in the office and retail segments.  
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16
Mar
2021

Bucharest land market reached €194 million in 2020

by Property Forum
In 2020, the total volume invested in land acquisitions in the Bucharest – Ilfov region reached €194 million, reflecting a 6.5% decrease compared to 2019, according to Cushman & Wakefield Echinox.  
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17
Feb
2021

What will Bucharest look like in 2025?

by Property Forum
Bucharest – the skyline transformation by 2025, an exclusive investment/destination marketing oriented real estate digital tour, for optimism and perspective after a traumatic year (2020), is out now, published by Romania's Real Estate Yearbook 2020.
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26
Jan
2021

Gran Via Romania sold €44 million worth apartments in 2020

by Property Forum
Spanish developer Gran Via Real Estate announces results beyond expectations for 2020 on the Romanian market. Despite two months of lockdown measures due to the pandemic, the company traded 478 residential units, with a total value of €44.2 million. 
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Latest news


New leases

  • 108 Agency Slovakia has secured a lease of 5,300 sqm for RajHračiek in ANTRACIT Park Senec, a built-to-suit project by HSF. RajHračiek is a fast-growing online store offering a wide selection of toy brands for children.
  • Contract Administration as a result of the renegotiation of the lease agreement, remains in the premises of the West Forum complex in Wrocław. The Lessor, represented by TFG Asset Management, was supported in the process by the consulting agency Corees Polska.
  • Uni-logistics, which specializes in sea, rail and air freight forwarding and road transport, has leased 5,825 sqm of warehouse and office space in Panattoni Park Tricity East VI in Poland. Real estate advisory firm Cresa Poland assisted the tenant during negotiations.

New appointments

  • Paweł Suracki joined Colliers as the Investment Services Director. He will be responsible for managing sales and purchasing processes on behalf of Colliers' clients and for establishing and maintaining relationships with potential and current Colliers' partners in Poland.
  • Avison Young has announced a key change to its directors’ team in Budapest with the arrival of Martina Cifer at the helm of its Office Leasing department. In her new capacity, she shall oversee both the company's Landlord and Tenant Representation divisions.
  • Łukasz Czajkowski joins the team of JLL Poland as Business Services Lead in Tenant Representation Department. He will be responsible for enhancing relations with the BSS sector.


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