ARTICLES LABELLED WITH TAG romania

News - Timișoara records strongest office leasing activity among regional cities in 2022
23
Mar
2023

Timișoara records strongest office leasing activity among regional cities in 2022

by Property Forum
Office leasing volumes in Timișoara amounted to 51,400 sqm during 2022, which was more than half of the total deals closed in regional cities. Iași and Cluj-Napoca were next with volumes of 26,700 sqm and 15,200 sqm, respectively, while in Brașov office leasing covered 5,900 sqm. 
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News - Iulius adds PV panels to its property portfolio
23
Mar
2023

Iulius adds PV panels to its property portfolio

by Property Forum
Romanian developer Iulius has installed photovoltaic panels on the roofs of all eight properties in its portfolio as part of an investment that totaled more than €3.5 million that will help the company save up to 10% of the total energy consumed across the group. 
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News - K+K Elisabeta hotel in Bucharest sold to Szarvadi family
23
Mar
2023

K+K Elisabeta hotel in Bucharest sold to Szarvadi family

by Property Forum
The 4-star K+K Elisabeta hotel located in the Bucharest city center has been sold to Lorand and Zsuzsanna Szarvadi, the owners of the Balvanyos Resort & Spa in Covasna for an undisclosed sum. 
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News - Prices of new homes in Romania to fall this year
22
Mar
2023

Prices of new homes in Romania to fall this year

by Property Forum
Prices of new homes in Romania will fall this year due to lower demand as loan conditions have tightened, but more people will be looking to rent instead and this is leading to an increase in prices this year, according to an analysis by JLL Romania. 
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News - Nusco Imobiliara to develop villas in northern Bucharest
22
Mar
2023

Nusco Imobiliara to develop villas in northern Bucharest

by Property Forum
Real estate developer Nusco Imobiliara will invest over €30 million in a villa complex based in Tunari, northern Bucharest. 
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News - Romania’s retail deliveries could reach 260,000 sqm in 2023
21
Mar
2023

Romania’s retail deliveries could reach 260,000 sqm in 2023

by Property Forum
With scheduled retail deliveries of around 260,000 sqm across Romania, this year may turn out to have the heaviest pipeline calendar since 2011, which would add to the existing stock of more than 4.1 million sqm, according to real estate consultancy Colliers. 
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News - Retail leads green certification efforts in Romania
17
Mar
2023

Retail leads green certification efforts in Romania

by Property Forum
With a share of 70-80% of the total building stock, the retail sector in Romania has the biggest number of projects that have received green certifications, followed the industrial and office projects, according to real estate consultancy Colliers. 
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News - Global Vision and Globalworth attract first tenant in Mureș project
17
Mar
2023

Global Vision and Globalworth attract first tenant in Mureș project

by Property Forum
Dairy producer FrieslandCampina has become the first tenant of the Mureș City Logistics project jointly developed by Global Vision and Globalworth. The company will occupy one quarter of the newly built warehouse that will have a leasable area of 18,000 sqm in total. 
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News - Dageco Expoziției Estate gets funding for PV panels
15
Mar
2023

Dageco Expoziției Estate gets funding for PV panels

by Property Forum
Business park Dageco Expoziției Estate is among the first the first office buildings in Bucharest that will produce renewable energy after the installation of 260 photovoltaic panels on the roof. The clean energy will also power two car charging stations. 
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News - Exigent Property Investment gets bank loan for Bucharest resi project
14
Mar
2023

Exigent Property Investment gets bank loan for Bucharest resi project

by Property Forum
Romanian developer Exigent Property Investment has secured a bank loan of €57.8 million from OTP for the construction of the first phase of its Exigent Plaza Residence complex in Bucharest. 
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Latest news


New leases

  • M1 Łódź, managed by EPP, has inked new and renewed leases for nearly 5,800 sqm of retail space. The most significant addition is the opening of a HalfPrice store spanning nearly 2,200 sqm.
  • dm-Pharmahandel, the Czech subsidiary of the German drugstore chain dm-drogerie markt, will open a specialised logistics centre for the distribution of over-the-counter pharmaceuticals at CTPark Bor. The company will occupy a nearly 7,100 sqm facility.
  • Spanish fashion retailer Mango has opened a new store spanning 400 sqm in Iulius Mall Suceava. This is the third Mango unit in Iulius' network.

New appointments

  • Michał Stępień has joined MDC2 as Investment Director. He has over 20 years of experience in the real estate industry, gained at Savills, where he worked in teams dealing with valuation, research, and investment advisory. Over the last few years, he has focused on the industrial and logistics sector, advising on market strategy, asset positioning, and investment decisions.
  • Rob Jones has joined CTP as Head of Investor Relations and PR, having previously led the European Real Estate Equity Research team at BNP Paribas. Jones will be working closely with Group CFO Richard Wilkinson and Maarten Otte.
  • CTP Romania has named Bianca Liulea-Stamate as Marketing Specialist. She has previously worked at DB Schenker for more than seven years.

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