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News Retail deliveries in Romania fall 15% in 2024
30
Jan
2025

Retail deliveries in Romania fall 15% in 2024

by Property Forum
New retail projects with a combined leasable area of around 180,000 sqm were completed in Romania during 2024, down by around 15% versus 2023, with retail parks accounting for the biggest share of deliveries, according to Cushman & Wakefield Echinox. 
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News Retail deliveries in Romania to reach 90,000 sqm in 2024
23
Feb
2024

Retail deliveries in Romania to reach 90,000 sqm in 2024

by Property Forum
Romania’s retail stock is set to expand by around 90,000 sqm in 2024, of which more than half will be based in Pitești-based Argeș Mall. However, the development pipeline is strong for the 2025-2028 period, with a few large and dominant shopping centres expected to add several hundred thousands of leasable space to the local market, according to Colliers data.
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News Property investment in Romania at €330 million in Q3 2022
09
Nov
2022

Property investment in Romania at €330 million in Q3 2022

by Property Forum
The volume of investment in Romania’s commercial property sector reached €330 million in Q3 2022 and €667 million in the first nine months, while in the first three quarters of 2021 the investment market stood at around €550 million, according to Colliers. 
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Latest news


New leases

  • Smurfit Westrock, a company active in the packaging industry, has decided to extend its lease agreement and expand its office space at Quattro Business Park in Kraków. The company now occupies 1,713 sqm on the first and second floors of Building D.
  • Igepa Polska, a distributor of paper, printing machines and media, has decided to renegotiate the terms and conditions of its lease for 3,700 sqm of warehouse space in Panattoni Park Poznań IX (western Poland). The transaction was facilitated on behalf of the tenant by Newmark Polska.
  • AND2 office building, the tallest building in Poznań (western Poland), is gaining a new tenant. BeIN Offices will offer ca 3,300 sqm of coworking space with a view of the city skyline.

New appointments

  • At the beginning of February, Michał Chodecki became the head of the Warehouse & Logistics department of Savills Poland. The new director is responsible for the strategy and direction-setting of this business line and building relationships with key clients.
  • CTP has appointed Andrei Marian, who brings nearly nine years of experience in real estate development and consultancy firms, as its new Regional Business Development Director in Romania.
  • Maciej Müldner has been appointed as the new Chief Financial Officer (CFO) of MLP Group. An experienced executive, he has spent nearly 20 years contributing to the development of the Skanska Group in Central Europe.

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