ARTICLES LABELLED WITH TAG oxford-economics
04
Dec
2025
Dec
2025
Romania's retail space hits 5 million sqm milestone
Romania's modern retail market continues expanding, surpassing 5 million sqm of leasable retail space in 2025, according to Colliers data. The approximately 190,000 sqm delivered this year consolidated a stock heavily concentrated in Bucharest and five other counties, which together account for almost half of the total. However, Romania remains below regional peers in retail space per capita, indicating potential for further development.
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27
Feb
2024
Feb
2024
Hotel occupancy in Bucharest up 5% in 2023
The occupancy rate in Bucharest’s hotel market was up 5% in 2023 compared to the previous year, but it remains around 10% under 2019. However, average revenue per room was up 12%, which is higher than in pre-pandemic times, according to a Cushman & Wakefield Echinox report.
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Latest news
- Wood Real Estate sells BBC1 office building in Bratislava
- Indotek Investments appoints new CEO
- W. P. Carey acquires Polish logistics portfolio for €169 million
- Passerinvest Group nears completion of mixed-use complex in Prague
- Poland's investment market close to €4 billion in 2025
- Panattoni starts 240,000 sqm logistics park near Katowice
- Prague-based Aviatica leases 11,000 sqm to new tenant
- Aya Properties Fund sells Record Park office complex in Cluj
- Erste Group prepares for tighter margins but stronger activity in 2026
- Appeninn acquires Goodyear logistics centre in Poland
New leases
- GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.
- Lighting solutions provider Luxiona has secured 430 sqm of office space at the Warsaw-based Greenwings Offices complex. The site will serve as the company's Polish HQ and a dedicated showroom for its lighting range. Axi Immo represented the tenant in the transaction.
- Stokado, Poland’s second-largest self-storage operator, has launched its second facility in Warsaw’s Bemowo district. The site offers over 4,800 sqm of net leasable area across approximately 950 storage units.
New appointments
- 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.
- CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.
