ARTICLES LABELLED WITH TAG Pedro Construct

News Nusco Imobiliara reaches 75% sale rate for second phase of Nusco City
18
Jul
2024

Nusco Imobiliara reaches 75% sale rate for second phase of Nusco City

by Property Forum
Nusco Imobiliara says it has sold 75% of the second phase of its urban regeneration development Nusco City based in northern Bucharest.
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News Nusco Imobiliara to start second phase of Nusco City in Bucharest
10
Oct
2023

Nusco Imobiliara to start second phase of Nusco City in Bucharest

by Property Forum
Nusco Imobiliara has secured the construction permit for the second phase of its Nusco City mixed-use scheme based in northern Bucharest. 
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News "Price explosions for newly built apartments will follow"
28
Jul
2023

"Price explosions for newly built apartments will follow"

by Ovidiu Nicolae
Petre Niculae, Founder of Pedro Construct, spoke with Property Forum about the new residential project whose development started this year, the challenges in the construction market and the company’s strategy of integrating innovative technologies in the design, construction, and development phases.
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News Șerban & Musneci Associates launches SMA Real Estate Kluster
11
May
2023

Șerban & Musneci Associates launches SMA Real Estate Kluster

by Property Forum
Communication consultancy Șerban & Musneci Associates has launched SMA Real Estate Kluster, a new division that is exclusively dedicated to the Romanian property market. 
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News Arqa plans two new resi investments in Bucharest
14
Mar
2023

Arqa plans two new resi investments in Bucharest

by Property Forum
Romanian developer Arqa, founded by Pedro Construct’s owner Petre Niculae and businessman Florin Ababe, has started the construction of a new residential complex in northern Bucharest and will start two new residential investments in the western part of the city. 
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News Pedro Construct completes office building in Bucharest
02
Feb
2023

Pedro Construct completes office building in Bucharest

by Property Forum
Romanian developer Pedro Construct has completed a new office building spanning 9,500 sqm in Bucharest following an investment of around €18 million.  
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News Pedro Construct to invest €20 million in Jolie Village near Bucharest
16
Dec
2022

Pedro Construct to invest €20 million in Jolie Village near Bucharest

by Property Forum
Pedro Construct, one of the largest construction companies in Romania, led by businessman Petre Niculae, is developing - together with his associate Florin Ababe - a new residential assembly in the north of the capital, Jolie Village. The investment in the project is estimated at €21 million and for €12 million, the company has obtained financing through Libra Bank.
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Latest news


New leases

  • Buchareast-based office project Floreasca Park has reached over 80% occupancy, following over 4,400 sqm of recent leasing activity. Leroy Merlin has leased 3,900 sqm, while IGEL Technology is occupying 515 sqm.
  • Henkel Romania has sold a 1,800 sqm property in central Bucharest, which served as its HQ, to a high-end residential developer. The deal was brokered by iO Partners.
  • The family shopping centre M1 Kraków, managed by EPP, is strengthening its gastronomic, service and sports offer. The group of new tenants includes Sports Direct, which is making its debut in the capital of Małopolska, as well as the oriental restaurant Asia Mama and the pet shop Maxi Zoo. In recent months, Cukiernia Sowa has also opened its doors to customers. MediaMarkt, McDonald's, HalfPrice and 4F, which presented an enlarged salon in the new BLACK concept, have decided to continue their cooperation with the Kraków facility and modernise their premises. All signed contracts cover over 6,000 sqm of space.

New appointments

  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.
  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).

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