ARTICLES LABELLED WITH TAG CBRE

CBRE has been mandated by CA Immo to provide property management services for the Campus 6.1 office building, located in the central-western area of Bucharest, being the first time when CA Immo outsources property management services for a project in its portfolio.

CBRE expanded its Romanian management team by recruiting Gijs Klomp as Head of Investment Properties for CBRE Romania. Gijs has over 17 years of experience in real estate and was involved in investment transactions worth more than €2.00 billion.

Romania’s modern industrial stock exceeded the 4 million sqm during the first semester of 2019, since a new supply of 240,000 sqm was brought on the market and by the end of 20202 approx. 1 million sqm are expected to be delivered, according to the latest research report by CBRE Romania.

The total modern retail stock in Romania, which includes both retail parks and shopping centres, has reached approximately 3.7 million sqm in the first half of 2019 and around 130,600 sqm are expected to be brought on the market by the end of the year, according to CBRE's latest research report.

Over the past five years CBRE, through the Building Consultancy Division, has managed the building projects of three production units in Romania with a surface area of approximately 50,000 sqm that totals customer investment of over €100 million.

One year ago, CBRE promoted Luiza Moraru as Head of the Property Management Division for the Central and Eastern Europe (CEE). In just one year, the managed portfolio expanded by 50%, and at the same time the team grew, so at age 39, Luiza Moraru conducts a team of over 600 people, being the only real estate consultant in Romania with a regional management position.

CBRE has expanded its team with the first humanoid robot available in a real estate company in Romania, PepperEscu. By doing so since May, CBRE aims to use the robot's technological abilities to create synergy between people as end-users of the properties, from office workers to visitors to shopping centres.

CBRE has taken over the management of the NEPI Rockcastle office portfolio in Bucharest, totalling 70,580 square meters. This is the first time when NEPI Rockcastle outsources the management of the properties. CBRE Romania now manages 770,000 sqm of offices and retail assets.

JLL has provided space for 2 new branches of the international provider of co-working offices Spaces. In November this year, Spaces open in the low-energy building Nile House in Karlín, where they will occupy more than 3,500 sqm. One month later, they will take over 3,300 sqm in the SmíchOFF office building in Prague 5. At the same time, Spaces announced its first location in Hungary. The co-working operator will move into GTC White House in Budapest in Q4 2019. CBRE acted as adviser to the deal.

AEW has acquired two historic, mixed-use properties on Andrássy Avenue in Budapest, on behalf of a German separate account.