Asking prices for apartments in Romania were up 2.7% at the start of January compared to last month, to €1,551 per sqm, with Cluj-Napoca leading the growth trend, according to real estate platform Imobiliare.ro.
Property developer White Star Real Estate says it has obtained the building permit for Liberty Residential, which will be integrated in Cluj Napoca-based Liberty Technology Park.
Asking prices of apartments in Romania rose by 10.3% in the first nine months of 2021 compared to the same period of last year, with Bucharest and Cluj-Napoca remaining the most expensive markets for home buyers, according to a report by Imobiliare.ro portal.
The office market in Cluj-Napoca is expected to record a sharp decrease of deliveries this year and only 5,000 sqm of spaces are under development this year and will be finalized by 2023, according to property consultancy SVN Romania.
Law firm Reff & Associates | Deloitte Legal worked with Speedwell on refinancing the loan granted by BRD Groupe Société Générale for the development of the Record Park Offices project located in central Cluj-Napoca.
The EYEmova ophthalmology and training center has joined the tenant roster at Soho by Yareal in Warsaw’s Kamionek district, occupying over 500 sqm. The opening of the EYEmova center in Praga-Południe is scheduled for June this year.
RPHI Romania secured approximately 9,000 sqm of premium lease agreements in 2025 at Bucharest-based SkyTower. The transactions comprised both new tenancies and expansions from existing occupiers. The tower attracted six new tenants across diverse sectors, including food delivery, insurance management, and cybersecurity.
EPP's Galeria Sudecka in Jelenia Góra is strengthening its offering with lifestyle and service brands, including a newly opened Fit Style gym, the addition of Rituals Cosmetics and Kodano Optyk, and the expansion of Medicine and Wakacje.pl. The new agreements and renewals in Galeria Sudecka cover almost 1,900 sqm of commercial space.
New appointments
Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
Axi Immo has expanded its Office Agency team to strengthen its presence in southern Poland and Warsaw. Karolina Słysz joins as Head of Regional Markets, bringing 10 years of experience to lead efforts in Katowice, Kraków, and Wrocław. Elżbieta Golik has been appointed Associate Director, leveraging over eight years of expertise in tenant representation. In Warsaw, Filip Kowalski joins as Associate Director, focusing on lease negotiations. Additionally, Anna Piłka-Sutkowska has been promoted to Advisor following four years with the firm. To support these transitions, Natalia Majsterek has been hired as Office Department Coordinator.
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