ARTICLES LABELLED WITH TAG Bucharest

News Ikea postpones opening of second Bucharest store
25
Oct
2018

Ikea postpones opening of second Bucharest store

by Property Forum
Ikea has postponed the opening of its €80 million second store in Bucharest for next year. The opening of the store in Eastern Bucharest was initially scheduled for the end of this summer.
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News Orbis expands in Romania by signing new Bucharest hotel
19
Oct
2018

Orbis expands in Romania by signing new Bucharest hotel

by Property Forum
Orbis Hotel Group, the strategic partner of AccorHotels, has signed a management contract for a new ibis Styles hotel in the city centre of Bucharest.
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News Coworking operator Spaces expands in Bucharest
18
Oct
2018

Coworking operator Spaces expands in Bucharest

by Property Forum
CBRE advised coworking operator Spaces on leasing 4,100 sqm of office space in Expo Business Park, located in the Expoziției area of Bucharest. The leasing contract exceeds the market average length of five years.
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News CEC Bank finances Bucharest mall’s expansion
18
Oct
2018

CEC Bank finances Bucharest mall’s expansion

by Property Forum
CEC Bank and Veranda Mall have signed two financing agreements totalling €34 million, aiming to refinance the development of the project and finance the expansion and modernisation of the shopping centre. Both funding rounds were provided in the form of investment credits for a period of 15 years.
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News Speedwell launches residential project in Bucharest
18
Oct
2018

Speedwell launches residential project in Bucharest

by Property Forum
Belgian real estate developer Didier Balcaen is investing €15 million in a residential project called Triama Residence in the National Arena neighbourhood of Bucharest, profit.ro reports.
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News Bucharest office occupancy costs show huge differences
11
Oct
2018

Bucharest office occupancy costs show huge differences

by Property Forum
Companies in Bucharest that operate in modern office buildings have monthly occupancy costs ranging between €175 and €500 per employee, according to an analysis by Cushman & Wakefield Echinox.
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News Hanner’s Bucharest mixed-use project to be completed by 2020
04
Oct
2018

Hanner’s Bucharest mixed-use project to be completed by 2020

by Property Forum
Fosta Fabrica, the restoration and conversion project of the former Grivita brewery in Bucharest, received all necessary permits and it is expected to be completed in 2020 by Lithuanian developer Hanner Group.
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News High supply of boutique office space in Bucharest
04
Oct
2018

High supply of boutique office space in Bucharest

by Property Forum
A record volume of boutique office space will be delivered in Bucharest by the end of this year, according to ESOP Romania’s press release.
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News WDP to invest €75 million in Romania by 2019
04
Oct
2018

WDP to invest €75 million in Romania by 2019

by Property Forum
Belgian logistics property developer Warehouses de Pauw (WDP) plans to invest €75 million in four properties on three different sites in Romania by the end of 2019.
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News Historic palace reopens as office building in Bucharest
01
Oct
2018

Historic palace reopens as office building in Bucharest

by Property Forum
The former Stock Exchange Palace, a historic heritage building located in the centre of Bucharest, has entered into a full process of commercial redevelopment.
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Latest news


New leases

  • Exact Sciences, a global leader in molecular diagnostics and early cancer detection, has chosen the LIXA campus in Warsaw for its new Polish international enabling hub. The company has joined the tenants of the LIXA D office building, leasing a total of over 1,800 sqm of modern space on the first floor of the building at ul. Giełdowa 5 in Warsaw.
  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.

New appointments

  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.
  • Activ Property Services has announced the appointment of Ionuț Grigoraș as Partner in the industrial department. With more than 14 years of experience in the real estate sector, Grigoraș has worked with leading companies such as CTP, WDP, VLParks România, Logicor, P3, MDO, and MLP Group.

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