2020 was a year characterized by increased activity in regional cities in terms of commercial centre deliveries, but the delivery volume of new spaces will reduce strongly this year, according to the real estate consulting company Cushman & Wakefield Echinox.
Fashion House Group has appointed retail veteran Cornelia Nicolae to the position of Retail Operations Director in Bucharest. In the newly created role, Cornelia will be responsible for launching the Group’s new flagship development, its second in Bucharest, while continuing to drive footfall and sales at its established outlet centre in the capital.
The LUX MED Group extended a 2,200 sqm lease agreement in the O3 Business Campus in Kraków managed by EPP
ArchivIT, a provider of archiving solutions, has leased another 5,700 sqm of warehouse space in VLParks Bucharest South, which is developed by Villar International. The company already occupies 16,000 sqm of warehouse space in the same project.
Energy equipment supplier Eximprod is relocating its office in Equilibrium 2 building, developed by Skanska in northern Bucharest. The company has leased 1,300 sqm in a deal brokered by CBRE Romania.
Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.
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