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.
Property developer Prime Kapital says it has finished the demolition phase on a former industrial platform in Iași where it will kick off the construction of Silk District, a mixed-use scheme.
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.
Panattoni has signed an agreement with a new tenant for its urban development in Łódź. Olmed, which operates a pharmacy and online drugstore, has taken up 9,500 sqm of space in City Logistics Łódź VI.
The Polish subsidiary of Hoerbiger, specialized in precision positioning technologies, has leased 200 sqm in the Warsaw-based SOHO by Yareal. The company will start operations in the new offices this May.
Ingram Micro, the global distributor of IT solutions and mobile devices, has renewed its lease at the MLP Pruszków II logistics center, covering around 8,200 sqm of modern warehouse and office space. The lease deal was brokered by CBRE.
New appointments
Avison Young has strengthened its Polish operations by recruiting Natalia Puza and Damian Bafeltowski. Puza joins as Senior Consultant in the Office Agency, bringing over 11 years of experience. In her new role, she will support office projects in Warsaw and regional markets. Bafeltowski joins the Investment Advisory division as a Consultant. He will focus on market analysis and commercial due diligence across all real estate sectors.
Joanna Leńkowska has been appointed as Workthere Lead at Savills Poland, taking over the role from Thomas Jodar. Leńkowska brings five years of experience in the flexible office sector to the team, having previously worked with WeWork and CitySpace.
CTP Romania has appointed Diane-Monique Forrest as Business Developer. She will focus on leasing activities in Transylvania, covering key cities such as Timișoara, Arad, Sibiu, and Deva.
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