ARTICLES LABELLED WITH TAG costin-nistor
04
Feb
2025
Feb
2025
Fortim records 37% turnover hike in 2024
The Fortim group of companies, part of the BNP Paribas Real Estate alliance, recorded a turnover of around 11 million lei (€2.2 million) in 2024, up by 37 year-on-year, due to the diversification of its real estate consultancy services.
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30
Jul
2024
Jul
2024
Office leasing volume in Romania grows in H1 2024
The office leasing volume closed in H1 2024 grew by 0.2% compared to the same period of last year, with Bucharest seeing the biggest activity, followed by Cluj-Napoca and Timișoara, according to a report by Fortim Trusted Advisors.
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12
Jul
2024
Jul
2024
Development land segment could attract strongest investor interest
Costin Nistor, Managing Director of Fortim Trusted Advisors, spoke with Property Forum about the agency’s goal to achieve at least 20% growth in 2024 after launching new business lines and focusing on segments with development potential in the commercial and residential areas.
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08
Feb
2024
Feb
2024
Office lease extensions to drive Bucharest market in 2024
Existing office buildings will be increasingly sought after by companies due to a lacklustre development pipeline in Bucharest, which will continue to drive contract extension deals in Bucharest.
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07
Nov
2023
Nov
2023
Resi prices expected to grow in Romania next year
The increase of VAT to 9% will lead to a price increase, while buyers have a growing interest in green homes, concluded speakers of the residential panel of SEE Property Forum 2023, held in Bucharest recently.
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04
Oct
2023
Oct
2023
Fortim Trusted Advisors expands in resi segment
Romanian Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance, is expanding into the residential category, with sales & marketing services.
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11
Aug
2023
Aug
2023
Resi sector is next for ESG in Romania
Costin Nistor, Managing Director of Fortim Trusted Advisors, spoke to Property Forum about the real estate agency’s plans for 2023, the outlook for the regional real estate market and the growing role of the ESG agenda for the office and soon the residential sector.
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13
Jul
2023
Jul
2023
Bucharest office leasing up 48% in Q2 2023
Office leasing in Bucharest totaled 128,915 sqm in the second quarter of 2023, up 48% compared to the same period of last year, driven by large deals closed by retail, financial and technology firms, according to a report by Fortim Trusted Advisors, a member of BNP Paribas Real Estate Alliance.
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19
Jan
2023
Jan
2023
Office demand in Bucharest up 13% in 2022
Demand for new offices in Bucharest rose by 13% in 2022 compared to the previous year, with 332,922 sqm of spaces leased in the city during the past year, according to real estate consultancy Fortim Trusted Advisors.
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19
Jul
2022
Jul
2022
What's driving Romania's investment market in 2022?
Costin Nistor, Managing Director of Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance, detailed for Property Forum the real estate consultancy’s development plans for this year, also talking about the segments that will propel the investment market to over €1 billion in 2022.
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Latest news
- Revetas Capital sells Kraków office building to Proton Property
- Park Properties starts construction of a villa complex near Bucharest
- Croatia's hospitality construction faces slowdown risk this summer
- Romania's industrial stock tops 8 million sqm in Q1 2026
- CEE real estate investment posts strong recovery in 2025
- Panattoni starts 20,000 sqm logistics centre for Toyota in Warsaw
- Aupark Shopping Centre secures €270 million refinancing
- 7R to develop 230,000 sqm urban logistics complex in Kraków
- Skanska advances with second phase of H2Offices complex in Budapest
- Hubix invests in Timișoara mixed-use project
New leases
- Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
- 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.
New appointments
- iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
- 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.
