ARTICLES LABELLED WITH TAG Romania

News Romania becomes third largest industrial market in CEE-15
22
Jul
2022

Romania becomes third largest industrial market in CEE-15

by Property Forum
Romania’s modern industrial and logistics facilities stock reached 5.6 million sqm at the end of 2021, which represents the third largest industrial and logistics market among 15 of the biggest economies in Central and Eastern Europe (CEE). 
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News IHG to operate Athénée Palace hotel in Bucharest from 2023
20
Jul
2022

IHG to operate Athénée Palace hotel in Bucharest from 2023

by Property Forum
IHG Hotels & Resorts will operate the Athénée Palace hotel owned by Romanian ANA Hotels under a management contract, starting from 2023. Following the rebranding process, Athénée Palace Hilton will become InterContinental Athénée Palace Bucharest. 
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News Niro Investment Group names new GM
20
Jul
2022

Niro Investment Group names new GM

by Property Forum
Niro Investment Group, the Romanian property investor and administrator, has appointed Anca Simionescu as General Manager, tasked with coordinating and developing the company's investment projects both locally and internationally.
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News What's driving Romania's investment market in 2022?
19
Jul
2022

What's driving Romania's investment market in 2022?

by Property Forum
Costin Nistor, Managing Director of Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance, detailed for Property Forum the real estate consultancy’s development plans for this year, also talking about the segments that will propel the investment market to over €1 billion in 2022.
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News CTP expands industrial project in Craiova
15
Jul
2022

CTP expands industrial project in Craiova

by Property Forum
Industrial developer CTP will expand its project in Craiova with a new warehouse of 13,500 sqm that has been fully leased. Following the new investment slated for completion by the end of 2022, the total leasable surface will climb to 53,500 sqm.
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News The financing environment remains stable for real estate companies
15
Jul
2022

The financing environment remains stable for real estate companies

by Róza Hajdú-Molnár
Monia Dobrescu, Partner, Mușat & Asociații spoke to Property Forum about the financing environment for the real estate sector in the context of the crisis in Ukraine and the law firm’s development plans for this year. The uniform application of the regulatory acts in the field is an issue that has an impact on players in the real estate market, and progress is being made in this area, Monia adds.
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News Iulius opens convenience retail project near Iași
14
Jul
2022

Iulius opens convenience retail project near Iași

by Property Forum
Romanian developer Iulius has opened its first convenience retail project in Miroslava locality, near Iași, following an investment of around €12 million.  
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News Mobexpert and Global Vision launch digital platform for offices
13
Jul
2022

Mobexpert and Global Vision launch digital platform for offices

by Property Forum
Romanian furniture retailer Mobexpert and industrial developer Global Vision have teamed up for a digital project that provides office design solutions for small and medium-sized companies.
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News Marriott Hotel to open in Brașov
12
Jul
2022

Marriott Hotel to open in Brașov

by Property Forum
The first Marriott Hotel in Brașov will open in the mixed-use scheme Urban Plaza that will include apartments, offices and commercial areas.
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News Romanian market for 4-5-star hotels to register solid growth in next years
12
Jul
2022

Romanian market for 4-5-star hotels to register solid growth in next years

by Property Forum
Vlad Drăgoescu, President of the Board of Directors – Nemo (Radisson Blu / Park Inn Complex) and Head of Portfolio Management at Revetas spoke with Property Forum about the growth engines for the Romanian hotel market and the €24 million overhaul of Radisson Blu that will make it one of the biggest 5-star hotels in CEE.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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