ARTICLES LABELLED WITH TAG promenada-craiova

News - Retail deliveries reach 7-year high in Romania during 2023
22
Jan
2024

Retail deliveries reach 7-year high in Romania during 2023

by Property Forum
Romania saw 11 new retail projects completed last year, with a combined leasable area of 215,000 sqm, sending the market to a 7-year high in terms of deliveries, according to a Cushman & Wakefield Echinox report.
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News - NEPI Rockcastle opens €136 million mall in Craiova
05
Oct
2023

NEPI Rockcastle opens €136 million mall in Craiova

by Property Forum
NEPI Rockcastle has officially opened its €136 million Promenada Craiova shopping centre in central southern Romania. 
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News - NEPI Rockcastle completes infrastructure investment in Craiova
28
Sep
2023

NEPI Rockcastle completes infrastructure investment in Craiova

by Property Forum
NEPI Rockcastle, the biggest owner of shopping malls in Romania, has donated a boulevard to Craiova municipality. The road was completed following an investment of €10 million and will streamline traffic around the Promenada Craiova retail project, which will open on October 5. 
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News - NEPI Rockcastle's net operating income up 27% in Q1 2023
18
May
2023

NEPI Rockcastle's net operating income up 27% in Q1 2023

by Property Forum
NEPI Rockcastle, Europe’s third largest listed owner, developer, and manager of retail properties by portfolio market value at €6.6 billion, recorded a 27% rise in net operating income (NOI) in the first quarter of 2023 to €120 million compared to the same period of last year.
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

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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