ARTICLES LABELLED WITH TAG romania

News - Iulius attracts W&E Assets as joint investor in Family Market projects
26
Apr
2023

Iulius attracts W&E Assets as joint investor in Family Market projects

by Property Forum
Romanian developer Iulius has struck a joint venture deal with W&E Assets, a Romanian-American investment group through which they will hold equal shares of 50% in the two Family Market retail projects completed in Iași County. 
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News - Iulius opens the biggest office building in Romania in Iași
25
Apr
2023

Iulius opens the biggest office building in Romania in Iași

by Property Forum
Romanian developer Iulius has inaugurated Palas Campus, the biggest office building in Romania with a total leasable area of 60,000 sqm, of which 54,000 sqm are offices and the rest retail premises. The project was completed in three years following an investment of more than €120 million. 
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News - iO Partners takes over most JLL business lines in CEE
25
Apr
2023

iO Partners takes over most JLL business lines in CEE

by Property Forum
JLL and iO Partners have announced today that JLL will transfer its existing Leasing, Capital Markets, Valuations Advisory, Consulting and Project Management delivery businesses to iO Partners in Romania, Czech Republic, Hungary and Slovakia.
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News - Property investments in Romania up 73% in Q1 2023
24
Apr
2023

Property investments in Romania up 73% in Q1 2023

by Property Forum
Commercial property investment in Romania amounted to €149.6 million in the first quarter of 2023, up by 73% compared to the same period of last year, with the biggest contributions from the industrial and office segments, according to real estate consultancy Crosspoint Real Estate.
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News - NEPI Rockcastle to open Promenada Craiova in October
20
Apr
2023

NEPI Rockcastle to open Promenada Craiova in October

by Property Forum
Property investment group NEPI Rockcastle will open its new Promenada Craiova shopping centre this October, following an investment of more than €125 million. The project will include more than 150 stores and will create over 1,500 jobs in the city based in southern Romania. 
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News - Adventum secures BREEAM certification for HBC in Bucharest
20
Apr
2023

Adventum secures BREEAM certification for HBC in Bucharest

by Property Forum
Hungarian investment fund Adventum Group has achieved the Excellent rating in accordance with the BREEAM In-Use standard for green buildings certification for its Hermes Business Campus (HBC) office project based in Bucharest.
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News - WDP records 15.2% growth of rental income in Q1 2023
19
Apr
2023

WDP records 15.2% growth of rental income in Q1 2023

by Property Forum
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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News - Property investment in Romania could reach €900 million in 2023
12
Apr
2023

Property investment in Romania could reach €900 million in 2023

by Property Forum
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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News - P3 Logistic Parks inks lease deals for 20,500 sqm near Bucharest
12
Apr
2023

P3 Logistic Parks inks lease deals for 20,500 sqm near Bucharest

by Property Forum
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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News - Meta Estate Trust launches sales division
10
Apr
2023

Meta Estate Trust launches sales division

by Property Forum
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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Latest news


New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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