ARTICLES LABELLED WITH TAG Romania

Uniqa Real Estate, part of the insurance group, has completed the acquisition of The Light One office building in Bucharest from River Development for an undisclosed sum. 

Belgian logistics developer WDP announced that it is buying several land plots near Bucharest and aims to develop a new logistics centre in Transylvania. The company is currently finalising the acquisition of new land positions in the Bucharest region in the amount of €10 million, WDP announced in an interim statement for Q1 2021.

Close to half of employees in Romania would like to return full-time to offices, while more than one third would opt for the hybrid model that combines remote and in-office activities, according to a new survey by Genesis Property. 

Avison Young has significantly increased its CEE presence in recent months and the company is planning further expansion. Gerry Hughes, Principal and President of Avison Young Europe talked to Property Forum about the firm’s strategy for CEE and shared his expectations regarding the future of the advisory business.

International Finance Corporation (IFC), part of the Word Bank Group, is providing a €72 million loan to a subsidiary of Iulius Holding for the development of a new green office project in Iași, northeastern Romania. 

Shareholders of One United Properties have approved the intention of the developer to list its shares on the Bucharest Stock Exchange (BVB). 

Real estate group Portico Investments has sold six buildings from its Romanian portfolio to Praktiker Real Estate and Lidl Romania, in two deals totaling over €8.5 million. 

Real estate group Immofinanz says it has concluded a long-term rental contract for roughly 11,000 sqm with healthcare services provider Provita Group. 

Real estate developer Element Group has announced the acquisition of a new land plot of 2.7 hectares, close to A1 highway, at the entrance of Pitești city, in southern Romania. 

Property Forum’s upcoming online event will focus on Romania's dynamically growing industrial and logistics market. Leading landlords, tenants and advisors will come together to discuss the potential of the local market from an international perspective. They will touch up on all the key trends driving the market right now, including e-commerce, city logistics, sustainability and many more.