Asking prices of apartments in Romania were up 2% in August compared to the previous month to €1,508 per sqm, according to property portal Imobiliare.ro.
Marius Persenea, Chief Operating Officer of Romanian real estate developer IULIUS talked to Property Forum about financing, sustainable development and future plans for different market segments.
Romanian Impact Developer & Contractor said it plans to develop 1.25 million sqm by 2027, respectively over 10,000 homes in the medium - affordable segment, with an estimated market value of €1.4 billion without VAT.
Romanian Impact Developer & Contractor says it purchased a new land plot of 25,930 sqm in Iași, in the location where it will kick off a massive residential project with more than 1,000 apartments.
Romanian real estate developer Iulius says it will invest around €35 million in the infrastructure and urban mobility features for its Palas Campus project in Iași. The mixed-use project will feature 54,000 sqm of office spaces targeting tech companies and 6,000 sqm of retail spaces.
Impact Developer & Contactor has named Constantin (Tinu) Sebeșanu as CEO of the company, with a 4-year mandate. He is replacing Sorin Apostol, who was appointed Executive Director and member of the Board of Directors at the General Shareholders Meeting.
International Finance Corporation (IFC), part of the Word Bank Group, is providing a €72 million loan to a subsidiary of Iulius Holding for the development of a new green office project in Iași, northeastern Romania.
The average asking price for an apartment in Romania stood at €1,379 per sqm in March, up 1.5% compared to the previous month, according to a report by real estate portal Imobiliare.ro.
Over 230 real estate projects in Romania have been certified to meet health, safety and sustainability standards and the pandemic has boosted the efforts of developers to meet targets for such ratings, according to Colliers.
108 Agency Slovakia has secured a lease of 5,300 sqm for RajHračiek in ANTRACIT Park Senec, a built-to-suit project by HSF. RajHračiek is a fast-growing online store offering a wide selection of toy brands for children.
Contract Administration as a result of the renegotiation of the lease agreement, remains in the premises of the West Forum complex in Wrocław. The Lessor, represented by TFG Asset Management, was supported in the process by the consulting agency Corees Polska.
Uni-logistics, which specializes in sea, rail and air freight forwarding and road transport, has leased 5,825 sqm of warehouse and office space in Panattoni Park Tricity East VI in Poland. Real estate advisory firm Cresa Poland assisted the tenant during negotiations.
New appointments
Paweł Suracki joined Colliers as the Investment Services Director. He will be responsible for managing sales and purchasing processes on behalf of Colliers' clients and for establishing and maintaining relationships with potential and current Colliers' partners in Poland.
Avison Young has announced a key change to its directors’ team in Budapest with the arrival of Martina Cifer at the helm of its Office Leasing department. In her new capacity, she shall oversee both the company's Landlord and Tenant Representation divisions.
Łukasz Czajkowski joins the team of JLL Poland as Business Services Lead in Tenant Representation Department. He will be responsible for enhancing relations with the BSS sector.
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