ARTICLES LABELLED WITH TAG Crosspoint Real Estate

News Romania sees more hotel deals under €5 million
26
Aug
2024

Romania sees more hotel deals under €5 million

by Property Forum
Romania’s hotel market has recorded transactions with an average value under €5 million over the past 18 months, according to a Crosspoint Real Estate report. 
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News Bucharest’s short-term rental industry totals €24 million in H1 2024
07
Aug
2024

Bucharest’s short-term rental industry totals €24 million in H1 2024

by Property Forum
Bucharest’s short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report. 
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News Crosspoint Real Estate names new Managing Director
29
May
2024

Crosspoint Real Estate names new Managing Director

by Property Forum
Crosspoint Real Estate has appointed Valentin Neagu as Managing Director, tasked with increasing and expanding the portfolio of services.
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News NEPI Rockcastle completes its first resi project in Romania
08
Apr
2024

NEPI Rockcastle completes its first resi project in Romania

by Property Forum
Property group NEPI Rockcastle has completed its first residential project in Romania. The Bucharest-based Vulcan Residence complex features 254 apartments and has been delivered with an 80% sale rate.
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News Properties in Romania’s mountain resorts start at €3,500 per sqm
14
Feb
2024

Properties in Romania’s mountain resorts start at €3,500 per sqm

by Property Forum
Sale prices for properties in Romania’s mountain resorts start at €3,500 - €4,000 per sqm and can go as high as €7,500 sqm, according to a Crosspoint Real Estate report. By contrast, prices can reach €8,000 per sqm in Austrian resorts and around €28,000 per sqm in French mountain resorts.
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News Average property deal in Romania at €21.5 million in 2023
22
Jan
2024

Average property deal in Romania at €21.5 million in 2023

by Property Forum
While the total investment volume in Romania’s commercial property sector fell by around 60% to around €500 million in 2023 year-on-year, the average transaction amounted to €21.5 million of the 23 investment deals tracked by Crosspoint Real Estate.
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News Carol Davila University buys building in Bucharest
09
Oct
2023

Carol Davila University buys building in Bucharest

by Property Forum
The Carol Davila University has completed the purchase of the Quest boutique building in central-eastern Bucharest in a deal brokered by Crosspoint Real Estate. 
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News Land in central Bucharest sells for €5 million
13
Sep
2023

Land in central Bucharest sells for €5 million

by Property Forum
Pharmaceutical company Biofarm has sold a plot of land close to Victoriei Square in Bucharest for around €5 million. The land spanning 2,176 sqm, which used to host an industrial facility, was taken over by Romanian company Iancu de Hunedoara Residence SRL. The deal was brokered by Crosspoint Real Estate. 
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News WDP buys warehouse near Pitești
01
Aug
2023

WDP buys warehouse near Pitești

by Property Forum
Industrial developer WDP has become the owner of a warehouse in Mioveni, near Pitești, following a sale-and-lease-back deal with SFC Solutions Automotive Romania, a producer of rubber profiles for the automotive sector.  
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News Office leasing in Bucharest up 12% in H1 2023
06
Jul
2023

Office leasing in Bucharest up 12% in H1 2023

by Property Forum
The office leasing activity in Bucharest was up 12% in the first half of 2023 compared to the same period of 2022, with volumes reaching 169,000 sqm, according to a Crosspoint Real Estate report.  
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Latest news


New leases

  • Piotr Pikiewicz has joined the 7R team. In the role of Head of Project & Corporate Debt, he will lead the team responsible for project and corporate financing at 7R Group.
  • Tiberius Poland, a company that is part of the international Teddy Group, which owns the Terranova, Calliope and Rinascimento brands, has signed a five-year lease agreement with Gemini Park Tarnów (southern Poland). The nearly 500-square-meter space will house a Terranova brand store. It is scheduled to open in early December 2024.
  • RRmoto, a retailer of motorcycle clothing and accessories, has joined the tenants of Morski Park Handlowy in Gdańsk. Its store will occupy 1,140 sqm of space. Cushman & Wakefield brokered the transaction and provided advice during the lease negotiation.

New appointments

  • Wrocław's Quorum complex, owned by the Cavatina group, has gained another tenant from the IT sector. The Hexe Capital Group will move to the Quorum D building, which is part of it, and will occupy about 720 sqm of space on the fourth floor there.
  • Panattoni has announced personnel appointments in its Capital Markets Poland division. Damian Stężycki has been appointed as Managing Director and Joanna Kawrowska together with Michał Stanisławski will take the role of the Co-Heads of the department.
  • Marvipol Development S.A. has announced the appointment of Andrzej Nizio to the company's Management Board. He will serve as vice-president of the board for another two-year term.

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