ARTICLES LABELLED WITH TAG romania

News - Iulius attracts W&E Assets as joint investor in Family Market projects
26
Apr
2023

Iulius attracts W&E Assets as joint investor in Family Market projects

by Property Forum
Romanian developer Iulius has struck a joint venture deal with W&E Assets, a Romanian-American investment group through which they will hold equal shares of 50% in the two Family Market retail projects completed in Iași County. 
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News - Iulius opens the biggest office building in Romania in Iași
25
Apr
2023

Iulius opens the biggest office building in Romania in Iași

by Property Forum
Romanian developer Iulius has inaugurated Palas Campus, the biggest office building in Romania with a total leasable area of 60,000 sqm, of which 54,000 sqm are offices and the rest retail premises. The project was completed in three years following an investment of more than €120 million. 
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News - iO Partners takes over most JLL business lines in CEE
25
Apr
2023

iO Partners takes over most JLL business lines in CEE

by Property Forum
JLL and iO Partners have announced today that JLL will transfer its existing Leasing, Capital Markets, Valuations Advisory, Consulting and Project Management delivery businesses to iO Partners in Romania, Czech Republic, Hungary and Slovakia.
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News - Property investments in Romania up 73% in Q1 2023
24
Apr
2023

Property investments in Romania up 73% in Q1 2023

by Property Forum
Commercial property investment in Romania amounted to €149.6 million in the first quarter of 2023, up by 73% compared to the same period of last year, with the biggest contributions from the industrial and office segments, according to real estate consultancy Crosspoint Real Estate.
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News - NEPI Rockcastle to open Promenada Craiova in October
20
Apr
2023

NEPI Rockcastle to open Promenada Craiova in October

by Property Forum
Property investment group NEPI Rockcastle will open its new Promenada Craiova shopping centre this October, following an investment of more than €125 million. The project will include more than 150 stores and will create over 1,500 jobs in the city based in southern Romania. 
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News - Adventum secures BREEAM certification for HBC in Bucharest
20
Apr
2023

Adventum secures BREEAM certification for HBC in Bucharest

by Property Forum
Hungarian investment fund Adventum Group has achieved the Excellent rating in accordance with the BREEAM In-Use standard for green buildings certification for its Hermes Business Campus (HBC) office project based in Bucharest.
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News - WDP records 15.2% growth of rental income in Q1 2023
19
Apr
2023

WDP records 15.2% growth of rental income in Q1 2023

by Property Forum
Industrial developer WDP saw a 15.2% growth of its rental income to €80.9 million in the first quarter of 2023 compared to the same period of last year, while its EPRA earnings rose 18% to €62.7 million in the same period, according to a company report. 
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News - Property investment in Romania could reach €900 million in 2023
12
Apr
2023

Property investment in Romania could reach €900 million in 2023

by Property Forum
Commercial property investments in Romania could hover between €700 and €900 million in 2023, slightly below the average of recent years, with new deals set to be driven by industrial and office projects, according to JLL.
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News - P3 Logistic Parks inks lease deals for 20,500 sqm near Bucharest
12
Apr
2023

P3 Logistic Parks inks lease deals for 20,500 sqm near Bucharest

by Property Forum
P3 Logistic Parks has announced the contract renewals and extensions for Logistic E Van Wijk and HOPI Logistics, which are some of the longest-standing tenants in the company’s portfolio. The two companies will occupy around 20,538 sqm of logistics spaces and offices within the park. 
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News - Meta Estate Trust launches sales division
10
Apr
2023

Meta Estate Trust launches sales division

by Property Forum
Romanian real estate holding Meta Estate Trust has launched its own sales division under the Meta Homes brand in a bid to boost the promotion of its portfolio. The new division will also also handle the sale of residential units bought by the holding in the early phase projects. 
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Latest news


New leases

  • CTP has signed a lease agreement with Fabi Total Grup. The Romanian company, which specialises in the production and storage of professional cleaning agents, has taken approximately 4,700 sqm at CTPark Bucharest South.
  • The DigestMed medical centre, specialising in gastroenterology services, has opened a clinic spanning over 675 sqm within the Bucharest-based London Office Building, part of the EVO Properties multifunctional hub, following an investment of €1.5 million.
  • Focus Estate Fund has signed a new lease agreement with HalfPrice, the off-price retailer, for approximately 2,000 sqm of modern retail space at Sosnowiec Plaza in Sosnowiec, Poland.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.

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