ARTICLES LABELLED WITH TAG luxuria
28
Jul
2021
Jul
2021
New apartments in Romania to register 20% price hikes
One of the most active residential developers of the Romanian market estimates at least a 20% increase in prices for new projects and 5-10% higher prices for the under-development units. Tinu Sebeșanu, CEO of IMPACT Developer & Contractor talked to Property Forum about financing conditions, market trends, ongoing projects and new developments on the horizon.
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17
May
2021
May
2021
Impact Contractor & Developer Q1 2021 sales up 71%
Romania's Impact Contractor & Developer says it recorded sales of RON 39.3 million (€7.9 million) in the first quarter of 2021, up 71% year-on-year, due to higher demand in the residential market.
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26
Apr
2021
Apr
2021
Impact Developer & Contractor revenues up 28% in 2020
Revenues of Impact Developer & Contractor totalled €42.3 million in 2020, up 28% year-on-year, driven by higher residential sales for its Bucharest-based projects.
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Latest news
- Romania’s housing completions dip 3.1% in 2025
- AFI Arad achieves LEED Gold for all four retail buildings
- One United Properties enters US market with Nashville land buy
- Bids for Polish commercial assets already higher in 2026 than in 2025
- Echo Investment sells Brain Park A offices in Kraków
- CTP invests over €4 million in IQ Ostrava renovation
- Nhood completes sale of eight Polish shopping centres to Adventum Group
- Panattoni inks 12,500 sqm lease deal with Fabryka Kart Trefl-Kraków
- Falling rates draw investors to CEE. They must hurry as prime city centre sites run out
- Prologis targets 178,000 sqm of new Czech developments in 2026
New leases
- HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
- Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
- A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.
New appointments
- Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
- Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
- Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
