ARTICLES LABELLED WITH TAG romania

News - The green transformation is well underway in Romania
10
May
2023

The green transformation is well underway in Romania

by Property Forum
Progress on ESG in the real estate industry has been seen since 2018 and sustainability considerations are shaping investment strategies and client demand, concluded speakers of the ESG in real estate panel of Romania ESG Forum 2023, organised by Green Forum and Property Forum last week in Bucharest.
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News - Ascott hotel chain to enter Romania
09
May
2023

Ascott hotel chain to enter Romania

by Property Forum
The Ascott Limited (Ascott), one of the world's biggest hospitality owners and operators with a presence in over 260 cities, will enter Romania following an agreement with local developer Forty Management. The planned hotel in Bucharest will be operated by the luxury brand The Crest Collection.  
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News - Romanian investors top €1 billion in deals over five years
09
May
2023

Romanian investors top €1 billion in deals over five years

by Property Forum
Romanian investors have made real estate acquisitions worth €1.1 billion in the last 5 years, having a share of 28% in the investment volume recorded in this period, according to a report by Cushman & Wakefield Echinox.
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News - MEDCITY buys building in Timișoara for healthcare project
09
May
2023

MEDCITY buys building in Timișoara for healthcare project

by Property Forum
Healthcare buildings developer MEDCITY has purchased a prime building of over 1,000 sqm in the center of Timișoara from fashion group Folli Follie (FF) Group in a transaction brokered by Colliers. The deal marks the company’s expansion of its portfolio of buildings under The Medical Mall concept. 
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News - Asking resi prices in Romania down 0.6% in April
08
May
2023

Asking resi prices in Romania down 0.6% in April

by Property Forum
Asking prices for homes in Romania fell on average by 0.6% in April compared to the previous month to €1,425 per sqm, according to data from Imobiliare.ro. 
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News - FrieslandCampina starts operations in Mureș City Logistics
08
May
2023

FrieslandCampina starts operations in Mureș City Logistics

by Property Forum
Dairy company FrieslandCampina has started operations on the 4,500 sqm logistics space based in industrial park Mureș City Logistics jointly developed by Global Vision and Globalworth. 
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News - Get to know “The 50 most influential people on Romania’s real estate market”
08
May
2023

Get to know “The 50 most influential people on Romania’s real estate market”

by Property Forum
Property Forum is happy to announce the third edition of its annual listing of the 50 most influential people on the Romanian market. To access the publication, click here.
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News - Resi deliveries in Romania hit record in 2022
03
May
2023

Resi deliveries in Romania hit record in 2022

by Property Forum
The residential market in Romania registered a record number of deliveries of 73,332 new homes during 2022, up 3% compared to 2021, driven by the growth in regional cities, according to a report by Colliers Romania.
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News - Office leasing in Bucharest down in Q1 2023
28
Apr
2023

Office leasing in Bucharest down in Q1 2023

by Property Forum
New demand for offices in Bucharest fell by almost half in the first quarter of 2023 compared to the same period of last year, while total demand also declined by about 25%, according to data from real estate consultancy Colliers. 
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News - Well-performing retailers are the ones who made the link between brick-and-mortar and online
28
Apr
2023

Well-performing retailers are the ones who made the link between brick-and-mortar and online

by Ákos Budai
Benjamin Bettoun, Group Head of Asset Management at NEPI Rockcastle, talked to Property Forum at MIPIM about the company's investment strategy in CEE and the trends that are shaping the future of shopping centres. He also talked about the increasing demand for retail space in the company’s new mall in Craiova, Romania, slated for delivery at the end of 2023.
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Latest news


New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.

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