ARTICLES LABELLED WITH TAG property

News Yellow Tree buys office building in central Bucharest
21
Jan
2022

Yellow Tree buys office building in central Bucharest

by Property Forum
Property group Yellow Tree has acquired an office building near Victoriei Square from a company that is under administration.  
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News Property investments in Romania flat at €916 million in 2021
19
Jan
2022

Property investments in Romania flat at €916 million in 2021

by Property Forum
Commercial real estate investments in Romania totalled €916 million in 2021, up only 0.2% compared to the previous year, marked by several transactions valued at more than €50 million in the office, retail and industrial segments, according to real estate consultancy Cushman & Wakefield Echinox. 
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News Residential transactions in Romania up 16% in 2021
11
Jan
2022

Residential transactions in Romania up 16% in 2021

by Property Forum
Sales of lands, homes and apartments in Romania rose by a yearly rate of 16% to 698,756 units in 2021, with a peak of 74,429 transactions recorded in December, according to the National Agency for Cadastre and Real Estate Publicity (ANCPI). 
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News Land deals in Romania reach 15-year high of €800 million in 2021
10
Jan
2022

Land deals in Romania reach 15-year high of €800 million in 2021

by Property Forum
The volume of land transactions for commercial and residential projects totaled €800 million in 2021, which is a 15-year high, according to real estate consultancy Colliers. Retailers and residential developers have generated roughly 90% of the deals. 
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News Mountain properties become more interesting for investors
10
Dec
2021

Mountain properties become more interesting for investors

by Property Forum
Properties in the mountain tourist areas have become more interesting for investors, according to a report by Savills, with demand having grown significantly in the first quarter of this year. 
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News Romanian property tycoon dies in plane crash
04
Oct
2021

Romanian property tycoon dies in plane crash

by Property Forum
Dan Petrescu, 68, has died on Sunday shortly after the private jet he was piloting crashed near an airport in Milan.
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News Retail parks have proven to be more resilient than shopping malls
26
Aug
2021

Retail parks have proven to be more resilient than shopping malls

by Property Forum
Oana Partenie, Head of Property Management Romania at Ceres Management Services spoke with Property Forum about the challenges of property management and the resilience of retail parks in the pandemic economy.
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News How will U.S. election results impact real estate markets?
01
Dec
2020

How will U.S. election results impact real estate markets?

by Property Forum
The geopolitical diversity of the EMEA region means that there are multiple economic and business permutations to consider in light of a new first term for President Biden and the Democratic party. There is a strong likelihood that the EU and national EEA (European Economic Area) governments will cooperate more openly with the United States under President Biden. Outside of the EEA, in Middle East, Africa, Russia and Turkey ongoing relationships will be more mixed.
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News The industry needs to cut down on emissions, luckily there are many solutions available
13
Nov
2020

The industry needs to cut down on emissions, luckily there are many solutions available

by Property Forum
The latest Property Talks event, organised virtually by RICS Hungary, focused on renewable and alternative energy sources and their role in the built environment. Eight real estate experts shared their insight on this topic in the form of six presentations and one panel discussion.
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News Banks in Europe expect a slow recovery
16
Jul
2020

Banks in Europe expect a slow recovery

by Property Forum
Banks in Europe are expecting a slow recovery in the wake of the COVID-19 pandemic, and while they forecast that hotel and retail loan portfolios will likely be hit more considerably than office and other real estate asset classes, the majority of them believes that the impairment will be in the range of a few percentage points up to 10% in total. These are some of the early findings from the COVID-specific section of this year's edition of KPMG's Property Lending Barometer, due to be published in autumn 2020.
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Latest news


New leases

  • Elegance Decor, the home & deco company, has leased 400 sqm in Bucharest-based Equilibrium 1 for its new office. The building has a total leasable area of 20,700 sqm and was developed by Skanska.
  • Majorel Polska, an international outsourcing services provider has extendied a lease agreement for the next 2 years and leased additional 400 meters for a new project - IT Hub in recently modernised Globis Poznań by GTC. It now occupies 3 200 sqm of A-class workspace. CBRE has advised Majorel Polska on concluding the lease contract.
  • NEPI Rockcastle Poland has extended its office lease agreement and enlarged its premises in the Cosmopolitan Twarda 4 building in Warsaw city centre. The shopping centre owner and operator now occupies 1,500 sqm of offices in the building.

New appointments

  • AXI IMMO decided to develop and expand its operational activity with an offer of complex services in property valuation. Grzegorz Chmielak was appointed as the Head of the new service line, and he will also manage the Capital Markets Department.
  • Tamás Kiss has joined Hungarian asset management company Diófa Alapkezelő Zt. and has been appointed deputy CEO. Previously he worked for several brokerage firms as a director of asset management and director of investment or compliance unit.
  • Tomasz Pietrzak, with MLP Group for more than five years, has been promoted to the position of Leasing Director Poland. Until recently responsible for the commercialisation of warehouse space in the Warsaw region, now he will manage leases across Poland.


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