ARTICLES LABELLED WITH TAG finance
22
Jul
2025
Jul
2025
Finance displaces tech in Bucharest office demand
After a period dominated by the tech sector, H1 2025 saw a notable surge in interest from the financial-banking sector in the Bucharest office leasing market, according to data by Crosspoint Real Estate.
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18
Jul
2025
Jul
2025
Scala Development secures €24 million in funding for resi project in Cluj
Romanian developer Scala Development, part of Ax Perpetuum group, has secured RON 119 million (€24 million) from Libra Internet Bank for the development of the Scala Sopor residential complex in Cluj-Napoca.
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21
Mar
2025
Mar
2025
Banking sector holds low exposure in Romania’s CRE
Romania's banking sector has a relatively low exposure to the commercial real estate (CRE) market, indicating stability and significant growth potential, according to an analysis by Cushman & Wakefield Echinox.
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Latest news
- Hubix invests €20 million in resi project near Bucharest
- DL Invest Group buys Platan Park Warsaw
- Offices still dominate – What could challenge them next?
- Manova Partners sells Amazon warehouse in Slovakia
- Granit buys 12 retail parks from Revetas in Hungary
- Real Management kicks off second phase of resi project in Warsaw
- Institutional investors set to return in Europe next year, says study
- Hungarian property market shifts as buyers seek different homes
- Prague leads Europe's retail growth as luxury brands expand
- OPC Real Estate opens fourth retail park in Slovakia
New leases
- Eeze, the casino software and tech provider headquartered in Malta with offices in London, has leased 1,200 sqm of office space in Bucharest-based AFI Park Floreasca. The transaction was brokered by Crosspoint Real Estate.
- Garmin, specializing in technology and GPS products for various markets, has leased 8,000 sqm across the UBC Tower and UBC Riviera buildings near Iulius Mall Cluj.
- Local courier company Sameday is occupying a new 5,000 sqm last-mile logistics facility in Constanța Olympian Parks, part of Helios Phoenix Group. During the 2025 Black Friday campaign, Sameday's new regional hub in Constanța processed over 400,000 parcels.
New appointments
- CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
- Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
- Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
