Monia Dobrescu, Partner, Mușat & Asociații spoke to Property Forum about the financing environment for the real estate sector in the context of the crisis in Ukraine and the law firm’s development plans for this year. The uniform application of the regulatory acts in the field is an issue that has an impact on players in the real estate market, and progress is being made in this area, Monia adds.
During the pandemic, banks continued to finance ongoing commercial real estate projects but they are more careful with financing new ones, looking for higher corporate credentials and imposing more restrictive conditions to fulfil. Monia Dobrescu, Partner at Romanian law firm Mușat & Asociații talked to Property Forum about the pandemic’s effects on client relationships and provided market insight from the legal advisor’s perspective.
Schreder Polska and Urgo Polfa Łódź have extended their lease agreements for office space in the West Station buildings in Warsaw. The companies are using a total of more than 1,000 sqm of space.
Workspace Studio, a company specialized in office design solutions, has signed a 5-year lease extension for its office in Bucharest-based Sky Tower. The contract also includes a space expansion up to 810 sqm in the project owned by RPHI.
Depanero, the largest electro-IT service company in Romania and part of the eMAG group, has leased over 4,000 sqm in two of its buildings in Sema Parc based in Bucharest. The transaction was intermediated by real estate consultancy Griffes Romania.
New appointments
Agnieszka Baczyńska took up the position of Head of Leasing - Retail in CPIPG. She is responsible for the commercialization of retail facilities from the CPIPG portfolio. Baczyńska also manages the leasing of office space on the buildings owned by CPIPG.
Ferenc Gondi has been appointed to a new post as Country Head for CTP Hungary. He's been part of CTP's activity for over 5 years.
Barbora Jansová joined Building & Project Consultancy team at Savills Prague Office as the new ESG Consultant & Project Manager in September 2022. She will be working alongside the Head of BPC, Jan Jurčíček.
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