News European construction industry continues recovery

European construction industry continues recovery

by Property Forum
According to Michael Klien from WIFO (the Austrian Euroconstruct member institute), 2022 was the second year of recovery for the European construction industry after the outbreak of the pandemic. The year-on-year growth rates of 3% were, however, much lower than in 2021 (+5.8%) owing to the sharp rise in construction costs, Euroconstruct reports in its latest press release.
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Latest news

New leases

  • Auchan Romania has leased 2,600 sqm on the ground floor of the second phase of the U•Center office project in Bucharest.
  • AMS ACCELERATE IT and Credit Amanet signed contracts for a total area of approximately 600 sqm of office space in SkyTower Bucharest. Both lease contracts were closed for a 5-year period.
  • TOUS, Calzedonia and Intimissimi are among the fashion brands that have returned to Renoma retail centre in Wrocław after its renovation. The clothing brands have leased, respectively, 80, 60 and 100 sqm of space.

New appointments

  • Florin Suicescu has been named COO of Forty Management. With over 30 years of management experience, he has held senior positions in real estate and hotel developments.
  • Daniel Rutkowski joined Walter Herz Investment Advisory Department, currently consisting of six people, and took the position of Development Manager. He will be responsible for searching for and acquiring investment projects, developing investment potential analysis and building the value of real estate.
  • Dariusz Proniewicz has joined MDC2's team of experts to take on the position of Development Director BTS, with responsibility for the development of BTS investments.


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