ARTICLES LABELLED WITH TAG Romania

News Income-producing properties in Romania see growing investments
14
Nov
2022

Income-producing properties in Romania see growing investments

by Property Forum
Income-producing properties are becoming an increasingly appreciated option for Romanian or foreign private investors who have previously been mainly active in the residential sector, according to real estate consultancy Cushman & Wakefield Echinox. 
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News Villar Group invests €50 million in Romanian logistics parks
10
Nov
2022

Villar Group invests €50 million in Romanian logistics parks

by Property Forum
Villar Group, a company listed on the Tel Aviv Stock Exchange, has under development 100,000 sqm of prime logistics space based on an investment budget of €50 million. 
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News Bucharest remains among most cost-efficient office markets in CEE
10
Nov
2022

Bucharest remains among most cost-efficient office markets in CEE

by Property Forum
Prime headline rents in Bucharest continued to increase in the third quarter, reaching a monthly level of €19.5 per sqm, compared with €18.5 per sqm at the beginning of the year. However, the capital city remains among the less expensive destinations in Europe in terms of office occupancy costs. 
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News Forty Management fully sells Bucharest resi project
09
Nov
2022

Forty Management fully sells Bucharest resi project

by Property Forum
Romanian developer Forty Management has sold out the Central District Viitorului 134 residential project, one month before construction completion. The Bucharest-based complex has a gross development value of €12.8 million without VAT. 
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News Property investment in Romania at €330 million in Q3 2022
09
Nov
2022

Property investment in Romania at €330 million in Q3 2022

by Property Forum
The volume of investment in Romania’s commercial property sector reached €330 million in Q3 2022 and €667 million in the first nine months, while in the first three quarters of 2021 the investment market stood at around €550 million, according to Colliers. 
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News Resi developers in Romania focus on the 15-minute city
08
Nov
2022

Resi developers in Romania focus on the 15-minute city

by Property Forum
Homes buyers in Romania are increasingly asking for the 15-minute city, while prices of apartments will fall only in specific cases, concluded speakers of the residential market panel during SEE Property Forum 2022, which took place in Bucharest.
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News Romanian resi market records price drop in Q3 2022
04
Nov
2022

Romanian resi market records price drop in Q3 2022

by Property Forum
Prices of homes in Romania fell by an average of 1.8% in Q3 2022 compared to Q2 2022, although in large regional cities such as Timișoara, Brașov and Iași the prices continued to grow in this period, according to property platform Imobiliare.ro. 
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News Environment attracts bulk of investment under ESG in real estate
04
Nov
2022

Environment attracts bulk of investment under ESG in real estate

by Property Forum
The Environment component in ESG is attracting the largest share of investments made by property players, as sustainable buildings have a better position in the market, concluded speakers in the ESG panel at SEE Property Forum 2022, held in Bucharest.
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News Industrial demand in Romania hits record in Q3 2022
03
Nov
2022

Industrial demand in Romania hits record in Q3 2022

by Property Forum
Romania's industrial market continued to perform impressively in Q3 2022, with gross demand reaching a record high of around 408,700 sqm, from 188,400 sqm in Q2 and 129,000 sqm in the same period of last year, according to real estate consultancy JLL Romania. 
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News Prime Kapital to invest €330 million in Cluj-Napoca mixed-use scheme
03
Nov
2022

Prime Kapital to invest €330 million in Cluj-Napoca mixed-use scheme

by Property Forum
Property developer and investor Prime Kapital has unveiled plans for an urban regeneration project in Cluj-Napoca, on a land plot of 17.1 hectares that previously hosted an industrial platform. 
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Latest news


New leases

  • Stay Fit Gym has leased approximately 1,000 sqm for a new fitness centre, which will open in the Family Market Tomești retail park, developed by Iulius in the Iași region.
  • Agricola Group, one of Romania's largest producers of chicken, cured meats, and ready-meal products, has signed a lease agreement for 5,400 sqm in ELI Park Bacău, within the ELI Parks portfolio.
  • Iulius has attracted Kaufland as an anchor tenant in Family Market Tomești, based in Iași County. The retailer will open a 4,000 sqm hypermarket, while the whole project will have a leasable area of around 16,000 sqm.

New appointments

  • Cushman & Wakefield has strengthened its Warsaw-based Capital Markets team, led by Paweł Partyka, with the appointments of Jakub Grabara and Natalia Wołyniec. The new hires will support the company in delivering transactional advisory services across the commercial property market.
  • At the beginning of September, Ewa Ciołek and Piotr Meleszko were promoted to Senior Leasing Manager. MLP Group, recognising the internal competencies and achievements of its team, emphasises the importance of further improving the efficiency of its leasing operations, which are key to the company's dynamic growth.
  • Avison Young's Investment Advisory team in Poland has welcomed a new member, Katarzyna Sielewicz, who takes the role of Senior Consultant. Katarzyna holds a master’s degree in Finance from the Stockholm University School of Business and completed an exchange semester at Cass Business School in London. She gained international real estate experience working with the global Research and Strategic Advisory team at Cushman & Wakefield (formerly DTZ) in London.

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