ARTICLES LABELLED WITH TAG petre-niculae
22
Jan
2024
Jan
2024
Petre Niculae invests €40 million in Bucharest resi project
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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28
Jul
2023
Jul
2023
"Price explosions for newly built apartments will follow"
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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14
Mar
2023
Mar
2023
Arqa plans two new resi investments in Bucharest
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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02
Feb
2023
Feb
2023
Pedro Construct completes office building in Bucharest
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
- Belgrade apartment sales hit €770 million in Q4 2025
- Sarantis Polska opens new distribution centre in MLP Pruszków
- Full speed ahead: Inside CTP’s drive to double its portfolio
- Mitiska Reim acquires Quick Park Mysłowice retail park
- Construction costs top developer concerns in Central Europe
- ECE sells Árkád Szeged shopping centre to Hungarian fund
- What happened in CEE real estate this week?
- CityOne Group acquires logistics project in Budapest from Woco Group
- BIG Poland advances with retail park in central Dzierżoniów
- Data centre demand in Europe to soar in 2026
New leases
- Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
- Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.
- Sports Direct has leased 1,700 sqm in XOPark Sofia for its first Bulgarian store, in a deal brokered by CBRE.
New appointments
- Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
- PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
- iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
