The services, green spaces, and recreational areas in the Bucharest-based Equilibrium 1 office project are valued by more than 90% of employees working in the building developed by Skanska in northern Bucharest, according to a company survey.
Romanian hospitality consultancy Premier Hospitality has been appointed operator of the Ramada Sibiu Hotel under a lease agreement that will run for 20 years.
Romanians’ intention to buy a home in the next 12 months is approaching the levels seen between 2006 and 2008, according to a recent Colliers analysis based on Eurostat data.
Romanian developer Genesis Property says it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.
Alina Necula, Country Manager Romania Lion’s Head, talked to Property Forum about the company’s plans to develop its first logistics projects in Romania and the strategic leasing transactions closed in the company’s flagship office project, Oregon Park in Bucharest.
Romanian developer Metav has obtained the construction permit for a new residential project in Pipera, near Bucharest, and will start the development of the project this month.
Bucharest’s office development pipeline is low, with just 24,000 sqm expected for delivery by the end of 2025, which could further push pre-leasing activity to new lows, according to a report by iO Partners.
Răzvan Nica, Managing Director, BuildGreen, spoke with Property Forum about the decarbonisation efforts of real estate companies and the growing appeal of green buildings for banks.
The French Institute, which has been operating in Poland for almost 100 years, has decided to change its Warsaw headquarters. The French Institute has signed a lease agreement with Ghelamco for 1,300 sqm of office space in The Bridge building. The CBRE consultancy agency supported the institute in selecting the new location.
Michelin has signed a long-term lease for office space in the Ambassador Office Building in Warsaw. The building belongs to the Hines Poland Sustainable Income Fund. The company will occupy over 2,200 sqm in the office building.
Lincoln Property Company has signed two leases for retail and service space in The Form office building in Warsaw. A Coffeedesk café (170 sqm) and an in-house restaurant (400 sqm) will open in the building as early as Q2 2025.
New appointments
Krisztina Enzsöl has joined Knight Frank Hungary as Associate Director in the office division. She has over 24 years’ worth of experience in real estate, being specialised in office leasing. In addition, Enzsöl has extensive knowledge in both tenant and landlord representation.
Beginning of September this year, the Management Board at Avison Young's Polish branch underwent a change, with Monika Bronicka, Director, Head of Valuation and Advisory, Business Development, becoming a Member of the Board.
In September 2024, Ewa Andrzejewska took on the role of Chief Operating Officer of the Polish Chamber of Commercial Real Estate (PINK). In her new role, she will be responsible for co-creating and implementing PINK's strategy and further developing the organisation.
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