ARTICLES LABELLED WITH TAG Petre Niculae

News - Petre Niculae invests €40 million in Bucharest resi project
22
Jan
2024

Petre Niculae invests €40 million in Bucharest resi project

by Property Forum
Romanian entrepreneur Petre Niculae, the owner of several construction and real estate companies, has recently started the construction of a new residential complex in Bucharest that will feature 750 apartments.
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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 - 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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Latest news


New leases

  • Engineering company Sanborn will relocate its production capacities to the new Aventin Business Park industrial complex as of August 2026. The company will lease nearly 8,000 sqm of premium space at the site. The long-term lease was brokered by Savills.
  • Scandinavian retailer JYSK has leased 1,000 sqm in Lemon Retail Park. In this transaction, Colliers represented the Synergy group, the developer and owner of Lemon Retail Park.
  • Romanian InSpace Engineering (RISE) has leased a 1,000 sqm space in the Bucharest-based Central Business Park building, in a deal brokered by Esop Consulting.

New appointments

  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.

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