Romanian developer Iulius will develop a new residential building in Iași, close to Palas Campus office project, based on the architectural complex designed by UNStudio.
Residential asking prices in Romania grew by 2.5% in May compared to April to an average of €1,751 per sqm, with Cluj-Napoca remaining the most expensive market in the country, according to the Imobiliare.ro platform.
Romanian developer Iulius has announced a new urban regeneration project in Cluj-Napoca that will be jointly developed with Atterbury Europe following an investment of more than €500 million.
The average asking price for apartments in Romania gained 0.8% in February to €1,609 per sqm compared to the same period of last year. Over the past 12 months, the average increase of prices stood at 18.5%, according to property classifieds platform Imobiliare.ro.
Evergent Investments, a financial company listed on the Bucharest Stock Exchange (BVB), has announced the development of a new mixed-use project in Iași with an estimated value above €100 million.
The Grivalia investment fund is reportedly looking to sell its property portfolio in Romania, which has a valuation of around €65 million, according to profit.ro.
Asking prices for apartments in Romania were up 2.7% at the start of January compared to last month, to €1,551 per sqm, with Cluj-Napoca leading the growth trend, according to real estate platform Imobiliare.ro.
Two new shops, ISpot and Rituals, have opened in the Forum Gliwice shopping centre. A larger Half Price has also started operating. The centre is owned by Deka Immobilien and managed by MVGM.
Lux Med Group has joined the group of tenants in Kraków's The Park complex, opening a dental clinic in the office building. The clinic has taken up an area of almost 900 sqm in the B1 building.
Flexible office operator CitySpace will launch its fifth location in Warsaw in October. The development in the Nowogrodzka Square office building owned by the French property manager will operate under the name CitySpace Novo and will occupy 2,500 sq m on two floors.
New appointments
Pascal Gadet became General Manager of the Radisson Collection Hotel Warsaw on 1st of July this year. A native of the Netherlands, Pascal Gadet has more than 30 years' experience in the hotel industry and has been with the Radisson Group for 20 years.
The Office Agency team at Avison Young has gained a new member. Aleksandra Mącik has joined the team as a Consultant.
Marcin Kucinski, previously Chief Operating Officer, has been appointed General Manager at Royal Tulip Warsaw Apartments, replacing Rafal Kincer, who took over as CEO of Polski Holding Hotelowy as of 15th of July 2024.
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