News Home sales in Bucharest up 40% in 2021

Home sales in Bucharest up 40% in 2021

by Property Forum
Around 50,000 apartments were transacted on the Bucharest market in 2021, up 40% year-on-year, while some 67,000 new residential units were completed across Romania in the same period, according to a report by real estate consultancy Colliers. 
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News 11,500 new dwellings to be delivered in Bucharest this year

11,500 new dwellings to be delivered in Bucharest this year

by Property Forum
Almost 11,500 new homes will be completed this year in Bucharest, an increase of 14% from 2020, JLL data show.
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News Romanian home sales rose 40% in January

Romanian home sales rose 40% in January

by Property Forum
Sales of houses, land, and apartments in January were almost 40% higher than the same month last year, according to the Romanian National Agency for Cadastre and Land Registration (ANCPI). 
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Latest news

New leases

  • Chairry, a company specializing in fit-out - complete interior design solutions, has leased 240 sqm in UpGround complex in northern Bucharest. The project is owned by Globalworth.
  • French B2B and B2C specialist Armatis has leased 1,800 sqm in the Wave office building in Gdańsk’s Oliva district, which was developed and is owned by Skanska. Cushman & Wakefield advised the company for the lease agreement.
  • Flex office provider New Work is opening a new location in Prague, at Smichov Business Park.

New appointments

  • Garbe Industrial Real Estate CEE expands its teams in the region with the appointments of Veronika Zacha and Jan Hradecky, both are coming from Panattoni. Veronika Zacha is joining as Senior Business Development Manager for Czechia and Jan Hradecky will hold a Project Manager position.
  • Colin King has been appointed Strategic Advisor of Romanian PropTech Bright Spaces. King has worked for over 30 years with large public companies and private mid-cap growth businesses, all with revenue well in excess of £1 billion.
  • Bryan Wilson has left Wilsons as Partner and is now Head Of CEE at DUAL Asset, a London-based comprehensive title insurance solution provider.


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