ARTICLES LABELLED WITH TAG Romania

News - Transilvania Construcții buys industrial park in Arad 
18
Jan
2023

Transilvania Construcții buys industrial park in Arad 

by Property Forum
Romanian developer Transilvania Construcții has purchased an industrial park in Arad from Comalim in a deal estimated at around €3.5 million. 
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News - NEPI Rockcastle gets green loan for Ploiești Shopping City 
17
Jan
2023

NEPI Rockcastle gets green loan for Ploiești Shopping City 

by Property Forum
Property group NEPI Rockcastle, the largest owner of shopping centres in Romania, has secured a green loan totalling €‎60 million for Ploiești Shopping City from a syndicate of banks. 
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News - STC Partners gets funding for Bucharest resi project 
17
Jan
2023

STC Partners gets funding for Bucharest resi project 

by Property Forum
Romanian developer STC Partners has secured bank financing from Banca Transilvania for the first phase of Quartier Azuga residential project in Bucharest worth €6 million. 
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News - America House in Bucharest gets new certification
16
Jan
2023

America House in Bucharest gets new certification

by Property Forum
America House has become the first-Class A office building in Bucharest to obtain an Outstanding rating according to the BREEAM In-Use certification methodology, after a major investment of €10 million. The certification process was managed by BuildGreen. 
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News - Asking prices of Romanian homes up 6% in 2022 
12
Jan
2023

Asking prices of Romanian homes up 6% in 2022 

by Property Forum
Asking prices of homes in Romania rose by 6% year-on-year to €1.682 per sqm during 2022, while the number of property deals slightly grew last and the demand in the residential segment has started to fall, according to a report by real estate classifieds platforms Imobiliare.ro. 
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News - Property investment in Romania reaches record of €1.25 billion in 2022 
12
Jan
2023

Property investment in Romania reaches record of €1.25 billion in 2022 

by Property Forum
Commercial property investment in Romania totaled €1.25 billion in 2022, up 40% compared to the previous years, of which the biggest single deal was Pavăl Holding’s acquisition of CA Immo’s office portfolio for €600 million, according to real estate consultancy JLL România. Last year's result was the biggest since 2008.
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News - Globalworth secures financing of €160 million 
12
Jan
2023

Globalworth secures financing of €160 million 

by Property Forum
Property developer and investor Globalworth has secured new funding worth €160 million from Austrian Erste Group. 
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News - Speedwell secures financing for industrial project in Bucharest 
11
Jan
2023

Speedwell secures financing for industrial project in Bucharest 

by Property Forum
Property developer Speedwell has secured financing from Alpha Bank Romania for SpacePlus, its first industrial development located in north-western Bucharest. 
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News - Alsin Management starts resi development in northern Bucharest 
11
Jan
2023

Alsin Management starts resi development in northern Bucharest 

by Property Forum
Romanian developer Alsin Management will invest €40 million in a new residential complex based in Pipera, northern Bucharest. 
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News - Land sales in Romania at €‎450 million in 2022 
10
Jan
2023

Land sales in Romania at €‎450 million in 2022 

by Property Forum
The volume of land sales for commercial real estate projects in Romania (excluding for traditional industrial and logistics projects) reached around €450 million in 2022, down from almost €800 million euros a year earlier, according to estimates by real estate consultancy Colliers. 
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Latest news


New leases

  • The owners of the luxury patisserie chain DESEO Patisserie & Chocolaterie have extended their long-term lease at the Vis à Vis Wilanów retail park. The company occupies 93 sqm of stylishly arranged space within the building.
  • Funky Buddha, an international fashion brand part of the ALTEX S.A. group, is continuing its expansion into the Romanian market with the inauguration of its first store outside Bucharest, located in Iulius Town Timișoara. The new location, situated on the ground floor of the complex, marks the brand's second physical presence in the country.
  • HalfPrice has leased close to 1,600 sqm for a new store at M1 Radom centre, managed by EPP. CCC will also spend further years with M1, having renewed its lease agreement. The total area covered by the new and extended contracts exceeds 2,100 sqm.

New appointments

  • Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
  • Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.
  • Peakside Capital Advisors is strengthening its Polish structure, expanding its expertise in investment management and development project execution. Łukasz Meisner has joined the team as Head of Project Management. He will be responsible for the comprehensive management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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