ARTICLES LABELLED WITH TAG romania
19
Sep
2023
Sep
2023
Globalworth sees 5.6% gain in net operating income in H1 2023
Globalworth has recorded a net operating income of €73.7 million in the first half of 2023, up by 5.6% compared to the same period of last year, while the development pipeline includes industrial projects in Romania and the refurbishment of mixed-use projects in Poland.
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19
Sep
2023
Sep
2023
Real estate investments in Romania reach €181 million in H1 2023
The investment transaction market in Romania reached €181 million in H1 2023, down by 43% compared to the same period of last year over rising financing costs. At the same time, the average price per property decreased from €24 million to €11 million, according to Cushman & Wakefield Echinox.
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15
Sep
2023
Sep
2023
Amber Forest gets LEED Community Platinum Precertification
Alesonor has achieved the LEED Community Platinum Precertification for Amber Forest complete suburb, which is under development near Bucharest. This has become the fourth project in Europe obtaining the Platinum precertification from the U.S. Green Building Council (USGBC).
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15
Sep
2023
Sep
2023
CTPark Arad West reaches 40% lease rate
Industrial developer CTP says its new CTPark Arad West project has already reached a 40% pre-lease, with delivery slated for Q1 2024.
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14
Sep
2023
Sep
2023
Iulius prepares €810 million investment in Constanța
Romanian developer Iulius has signed a partnership with Oil Terminal, a public company owned by the state, for the urban regeneration of a 38-hectare land plot in Constanța. Iulius plans to invest more than €810 million in a large mixed-use scheme.
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13
Sep
2023
Sep
2023
Land in central Bucharest sells for €5 million
Pharmaceutical company Biofarm has sold a plot of land close to Victoriei Square in Bucharest for around €5 million. The land spanning 2,176 sqm, which used to host an industrial facility, was taken over by Romanian company Iancu de Hunedoara Residence SRL. The deal was brokered by Crosspoint Real Estate.
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13
Sep
2023
Sep
2023
PPF Real Estate adds solar systems to Bucharest offices
PPF Real Estate’s two office buildings in central Bucharest, Crystal Tower and Metropolis, are now running partially on solar power following the installation of photovoltaic panels on their rooftops.
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12
Sep
2023
Sep
2023
Oregon Park in Bucharest secures Well Health & Safety certification
Bucharest-based office project Oregon Park, owned by Lion's Head investment fund, has achieved the Well Health & Safety certification, granted by The International WELL Building Institute (IWBI).
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12
Sep
2023
Sep
2023
Property investments in Romania total €168 million in H1 2023
Commercial property investment amounted to €168 million in H1 2023, roughly half compared to last year, with industrial and logistics accounting for the biggest share of the transaction volumes.
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12
Sep
2023
Sep
2023
UniCredit extends large lease in Bucharest office building
UniCredit Romania has inked a deal with Globalworth for the extension of its lease agreement in the UniCredit HQ building by 2030. The bank has been occupying the building with a leasable area of 17,400 sqm since its opening in 2012.
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Latest news
- BNP Paribas Real Estate Poland names new CEO
- Europe's next growth corridor is emerging in the East
- Luxent Fund buys two Prague apartment buildings
- VGP inks new lease deals of 30,000 sqm in Romania
- StudentSpace expands with second location in Warsaw
- Autonet renews 26,000 sqm lease at CTPark Bucharest South
- Elektro outlet iPrice leases 29,000 sqm at VGP Vyškov
- Peakside expands City Point Targówek project in Warsaw
- EQT opens new logistics hub near Prague
- Former school in Ukraine to be transformed into housing for displaced families
New leases
- International retailer MR.DIY has joined the tenant mix of the Plejada Shopping Centre in Sosnowiec. Its new 700 sqm store will significantly enhance the shopping centre’s offering of household products and everyday essentials. Cushman & Wakefield is responsible for the leasing and comprehensive management of the property.
- Hotspot Workhub, the flexible workspace operator, has renewed and expanded its presence within The Mark office building, owned by CPI Property Group. The lease deal for 2,550 sqm was brokered by iO Partners Romania.
- Foundever has doubled its footprint to 3,500 sqm within the Bucharest-based Campus 6.3 office building, owned by CPI Romania. Cushman & Wakefield Echinox brokered the deal.
New appointments
- Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
