ARTICLES LABELLED WITH TAG bucharest

News - Bucharest office leasing at 70,000 sqm in Q2
11
Aug
2021

Bucharest office leasing at 70,000 sqm in Q2

by Property Forum
The office leasing market in Bucharest is gradually recovering and there were deals worth 70,000 sqm that were closed in the second quarter, according to an analysis by real estate consultancy Griffes. 
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News - Cordia has major plans for Bucharest
03
Aug
2021

Cordia has major plans for Bucharest

by Property Forum
Mauricio Mesa Gomez, Country Manager of Cordia Romania and Spain and member of Cordia’s Board of Directors discussed the company’s development plans and the prospects of Romania’s residential market with Property Forum.
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News - Bucharest office stock to add 200,000 sqm in H2
30
Jul
2021

Bucharest office stock to add 200,000 sqm in H2

by Property Forum
The new office supply in Bucharest is set to exceed 200,000 sqm in the second half of this year, with almost two thirds of the offices scheduled for delivery by year’s end already pre-leased. 
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News - Bucharest land market remains in growth mode
29
Jul
2021

Bucharest land market remains in growth mode

by Property Forum
The Bucharest land market is registering an increase of prices fueled by higher demand from developers that want to secure strategic locations in the city for new projects. 
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News - Atenor completes sale of Bucharest office campus
29
Jul
2021

Atenor completes sale of Bucharest office campus

by Property Forum
Property developer Atenor says it has concluded the sale of Hermes Business Campus in Bucharest to Adventum Group, an investment manager focused on Central and Eastern Europe. 
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News - Nordis invests €15 million in Bucharest luxury apartments
27
Jul
2021

Nordis invests €15 million in Bucharest luxury apartments

by Property Forum
Romanian Nordis Group has kicked off the development of a high-end residential complex located in northern Bucharest. 
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News - Speedwell wants to cover end-users' needs within a 15-minute radius
20
Jul
2021

Speedwell wants to cover end-users' needs within a 15-minute radius

by Ákos Budai
Didier Balcaen, CEO of Speedwell talked to Property Forum about the company’s development plans for 2021, the value of mixed-use projects and shared his long-term expectations for the Romanian property market.
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News - Private rental sector to expand in Romania
15
Jul
2021

Private rental sector to expand in Romania

by Property Forum
Romania has one of the smallest private rental sectors (PRS) in Central and Eastern Europe (CEE), and the domestic market counts a little over 1,000 residential units in construction or planned, according to a report by Colliers in collaboration with Greenberg Traurig and Kinstellar. 
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News - Speedwell launches first industrial project in Bucharest
12
Jul
2021

Speedwell launches first industrial project in Bucharest

by Property Forum
Speedwell, in cooperation with Belgian partner LCV, launches SpacePlus, its first project on the industrial market. SpacePlus comes with units for light industrial and/or logistical usage, addressing corporate tenants that are searching for standardized storage or production units, flexibility in configuration and various additional services/features. The first location is in north-western Bucharest, with direct access from the ring road and close to the exit towards the A1 highway on the one hand, and easy access to and from the city centre of Bucharest via Sos. Chitilei or Blvd. Iuliu Maniu, on the other.
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News - Evergent Investments buys land in northern Bucharest
09
Jul
2021

Evergent Investments buys land in northern Bucharest

by Property Forum
Evergent Investments, a public alternative investment fund, has purchased a land plot of 16,000 sqm in northern Bucharest, for an undisclosed sum. 
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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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