ARTICLES LABELLED WITH TAG romania
19
Apr
2023
Apr
2023
WDP records 15.2% growth of rental income in Q1 2023
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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12
Apr
2023
Apr
2023
Property investment in Romania could reach €900 million in 2023
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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12
Apr
2023
Apr
2023
P3 Logistic Parks inks lease deals for 20,500 sqm near Bucharest
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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10
Apr
2023
Apr
2023
Meta Estate Trust launches sales division
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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06
Apr
2023
Apr
2023
Vlad Stanislav named Managing Director of JLL in Romania
Vlad Stanislav has been named Managing Director of JLL in Romania, replacing Silviana Petre-Badea who held the position for the past seven years. He has over 22 years’ of experience in management and had previously held the role of Managing Director of Tetris Design & Build.
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04
Apr
2023
Apr
2023
Speedwell buys land near Bucharest
Property developer Speedwell has purchased a new land plot of 15,000 sqm in Popești-Leordeni, near Bucharest, for its second light industrial project under the SpacePlus brand.
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04
Apr
2023
Apr
2023
Belvedere Residence commercial gallery in Bucharest sold
The developers of Belvedere Residence in northern Bucharest sold the commercial gallery on the ground floor of the residential buildings within the complex to a private investor for an undisclosed sum.
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04
Apr
2023
Apr
2023
One United Properties exits office project in Bucharest
Romanian developer One United Properties has sold its stake in the company owning the One Herăstrău Office building to a private investor.
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03
Apr
2023
Apr
2023
Property owners in Romania have high sustainability expectations
Investors and tenants in Romania appear to have higher expectations regarding the environmental characteristics of the building than their counterparts in other countries, according to a survey by CBRE of 20 building owners in Romania.
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30
Mar
2023
Mar
2023
Office fit-out costs in Romania up by 30% in 2022
The average office fit-out costs in Romania rose by around 20-30% in 2022 due to a combination of supply chain pressures and higher materials’ costs, which saw companies paying an average of €820 per sqm of office space, according to real estate consultancy Cushman & Wakefield Echinox.
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Latest news
- Joyson Safety to sell Romanian plant as operations consolidate
- A new generation of investors is betting on Poland
- Hyprop snaps up Bulgarian shopping centre for €122 million
- HB Reavis secures €200 million refinancing for Warsaw asset
- Radisson opens Timișoara's first lifestyle hotel
- How to make your building come alive? Why the right flex solution can make the difference
- Polish retail park 90% pre-leased before construction
- Savills strengthens Poland investment team with new hires
- Faedra Group launches three new residential projects in Budapest
- Colliers cuts emissions by 32% in sustainability push
New leases
- Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
- Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
- DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.
New appointments
- BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
- Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
- Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
