ARTICLES LABELLED WITH TAG bucharest
08
Jul
2021
Jul
2021
Over 2,000 new hotel rooms to be delivered in Romania by 2023
The hotel sector in Romania in on the recovery path following the steep drop in demand recorded in 2020 due to lockdown measures designed to contain the pandemic. Despite the health crisis, few projects have been abandoned, while deliveries of new hotels were delayed or postponed.
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01
Jul
2021
Jul
2021
One United Properties closes new land acquisition in Bucharest
Romanian developer One United Properties has acquired a new land of 23,350 sqm in the second district of Bucharest, one week after closing a separate land deal in the city.
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30
Jun
2021
Jun
2021
Gran Via Romania names new President
Spanish-based developer Gran Via has appointed Antoanela Comșa as the new President of its Romanian operations. She is replacing Jose Aguinaga, who will remain the main shareholder of the company.
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28
Jun
2021
Jun
2021
Bitcoin accepted as payment for Bucharest penthouse
The most popular cryptocurrency in the world is one of the eligible payment options for a luxurious penthouse in Bucharest, in the latest venture of real estate consultancies in the digital field.
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25
Jun
2021
Jun
2021
Land plots of 250,000 sqm up for tender in Bucharest
Three land plots with a surface of around 250,000 sqm, located on the grounds of the former Chimopar industrial platform in western Bucharest, will be tendered in mid-July.
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23
Jun
2021
Jun
2021
One United Properties buys land in Bucharest
Romanian real estate developer One United Properties has purchased a land plot of 21,165 sqm in Bucharest from a member company of Țiriac Group in a deal worth €15 million.
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07
Jun
2021
Jun
2021
Genesis updates Bucharest office building to highest IMMUNE standard
Building H3, part of West Gate Business District, in Bucharest, got the highest certification level of the IMMUNE Building Standard. The offices, owned by Genesis Property, are fully occupied by telecom company Ericsson.
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03
Jun
2021
Jun
2021
Radisson Blu Hotel Bucharest unveils new interior
Radisson Hotel Group announced the relaunch and repositioning of Radisson Blu Hotel Bucharest, following a major capital investment to transform the hotel’s lobby and garden area, as well as increase the hotel’s room inventory by more than 600 rooms.
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27
May
2021
May
2021
Office rents in Bucharest down 12-17% compared to 2019
The rent environment for Bucharest offices has been on a downward trend since the onset of the health crisis as flexible work arrangement that limited the presence of employees in offices were implemented, according to Investpoint.
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27
May
2021
May
2021
VisionApartments buys land for new project in Bucharest
VisionApartments, a company controlled by Swiss billionaire Anja Graf, has acquired a land plot of 15.6 hectares near Bucharest where it plans to start a complex real estate investment.
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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.
