ARTICLES LABELLED WITH TAG crosspoint-real-estate
14
Feb
2024
Feb
2024
Properties in Romania’s mountain resorts start at €3,500 per sqm
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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22
Jan
2024
Jan
2024
Average property deal in Romania at €21.5 million in 2023
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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09
Oct
2023
Oct
2023
Carol Davila University buys building in Bucharest
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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13
Sep
2023
Sep
2023
Land in central Bucharest sells for €5 million
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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01
Aug
2023
Aug
2023
WDP buys warehouse near Pitești
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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06
Jul
2023
Jul
2023
Office leasing in Bucharest up 12% in H1 2023
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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05
Jul
2023
Jul
2023
Comnord starts resi project in northern Bucharest
Romanian property developer Comnord Development will start in September the construction of a new luxury residential project in northern Bucharest, with a projected investment of €30 million.
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01
Jun
2023
Jun
2023
Lion Capital buys large land plot in Constanța
Lion Capital, a public financial investment company, has purchased a land plot of 11 hectares in western Constanța in a deal valued at more than €10 million.
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24
Apr
2023
Apr
2023
Property investments in Romania up 73% in Q1 2023
Commercial property investment in Romania amounted to €149.6 million in the first quarter of 2023, up by 73% compared to the same period of last year, with the biggest contributions from the industrial and office segments, according to real estate consultancy Crosspoint Real Estate.
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07
Mar
2023
Mar
2023
Crosspoint Real Estate to add PRS department
Romanian real estate consultancy Crosspoint Real Estate, the local partner of Savills, is launching a new segment dedicated exclusively to residential leasing through accessing the private rental sector (PRS).
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Latest news
- Shopper Park Plus closes Polish retail park deal
- 7R enters Germany with €200 million investment partnership
- Capturing yield in CEE: Gránit AM’s playbook for the next market cycle
- Accor to open new Mercure hotel in Craiova
- Świecie unveils masterplan for Teutonic Castle revival
- Big Poland acquires retail park in Dzierżoniów
- Star Invest launches €12 million capital raise for office deal in Bucharest
- LCN exits Croatian Konzum grocery store portfolio
- Why are Baltic investors increasingly looking at Poland?
- B+N Group rebrands as Liwo Group for European expansion
New leases
- The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
- REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
- RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.
New appointments
- Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- 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.
