Some 100,000 sqm of new retail spaces were delivered last year in Romania, of which 80% were integrated in retail parks, while new projects with a leasable area of around 230,000 sqm are expected in 2023, which would be a 6-year high, according to Cushman & Wakefield Echinox.
Oasis Retail Development & Consulting, owned by Sibiu-based Klaus Reisenauer and Kurt Wagner, has started the second development phase of the Prima Shopping Center project in Sibiu, following an investment of €30 million.
Oasis Retail Development & Consulting has entered into a partnership with Austrian-based group Supernova for the development of Prima Shopping Center Sibiu. The 40,000 sqm retail park is located north of the city centre.
ArchivIT, a provider of archiving solutions, has leased another 5,700 sqm of warehouse space in VLParks Bucharest South, which is developed by Villar International. The company already occupies 16,000 sqm of warehouse space in the same project.
Energy equipment supplier Eximprod is relocating its office in Equilibrium 2 building, developed by Skanska in northern Bucharest. The company has leased 1,300 sqm in a deal brokered by CBRE Romania.
Viking Shared Service Center Cluj has relocated its Cluj-based offices in Record Park, which is owned by AYA Properties Fund and developed by Speedwell. The lease deal was brokered by Griffes.
New appointments
Axi Immo is developing its Capital Markets Department. As of November 2023, Jakub Grabara was appointed as Associate Director in the Capital Markets Department. He will be responsible for transactional services, i.e., acquiring, purchasing, and selling commercial real estate.
Romanian developer ARQA has named Alexandru Rădulescu as Chief Sales Officer. During his career, he has overseen the sale of 17 residential and mixed-use projects.
Multi Corporation appoints Ola Zajac as New Business Ventures Manager. Ola will be looking for new business expansion strategies and venture capital investment opportunities across Europe and will be based out of Lisbon.
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