ARTICLES LABELLED WITH TAG romania
06
Jun
2023
Jun
2023
Andreea Păun, Griffes: "Headline office rents in Bucharest to remain on growth path"
Andreea Păun, Managing Partner of Griffes, spoke with Property Forum about the outlook of rents and new office developments in Bucharest as well as the demand trends. This year, Griffes aims to close 10% more leasing deals with a combined value of more than €20 million.
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01
Jun
2023
Jun
2023
Lion Capital buys large land plot in Constanța
Lion Capital, a public financial investment company, has purchased a land plot of 11 hectares in western Constanța in a deal valued at more than €10 million.
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01
Jun
2023
Jun
2023
Scallier opens new retail park in Vaslui
Polish retail developer Scallier has inaugurated a new retail park in Vaslui, spanning 10,000 sqm. This is Scallier’s fifth retail park in Romania and its total footprint in the country has climbed to 40,000 sqm of leasable space.
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31
May
2023
May
2023
Bucharest permitting limitations to put pressure on office rents
The massive delays in the issuance of permits for new real estate projects in Bucharest will put upward pressure on office rents, according to a report by Griffes
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31
May
2023
May
2023
“Cold shell” office rentals gain ground in Romania
A growing number of office developers in Romania are beginning to deliver to tenants unequipped, ”cold shell” space without fixtures and finishes. Meanwhile, tenants are investing at least €30 per sqm of their development budget for demolition and reconfiguration to adapt the space to specific needs and strategic plans, according to Colliers' data.
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31
May
2023
May
2023
STC Partners reaches 50% sale rate for resi project in Bucharest
STC Partners has reached a 50% sale rate for the first phase of its residential project Quartier Azuga, which is under development in Bucharest.
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30
May
2023
May
2023
Logistics cover half of warehouse demand in Romania in Q1 2023
Logistics operators accounted for approximately 50% of the Q1 2023 demand for industrial spaces in Romania which totaled 330,000 sqm, up 10% year-on-year, according to Cushman & Wakefield Echinox.
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30
May
2023
May
2023
Bucharest drives office leasing within Romania in Q1 2023
Bucharest accounted for 75% of the total office space that was leased across major Romanian cities in Q1 2023 according to a study by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.
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29
May
2023
May
2023
Honeywell takes 24,000 sqm from Globalworth in Bucharest
Software industrial company Honeywell has expanded its lease in Globalworth’s BOC office building in Bucharest and will occupy over 24,000 sqm.
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29
May
2023
May
2023
Speedwell expands industrial project near Bucharest
Belgian developer Speedwell has started the construction works for the second phase of development for SpacePlus West project, near Bucharest. The new development will have a leasable area of 7,000 sqm, while the whole project will reach 10,000 sqm.
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Latest news
- eService signs first lease at Drucianka Campus in Warsaw
- Romanian apartment market shows signs of cooling
- ZEITRAUM appoints Renata Kusznierska as Head of Poland
- Activ Property Services brokers Bucharest logistics lease for Pofta de Pâine
- Fond Českého Bydlení launches retail fund
- Lucron launches sales of 209 flats in Bratislava's Petržalka
- NORMAL opens first Romania stores at NEPI Rockcastle malls
- Bratislava residential market sees decline in demand
- tbi bank extends Ananda Group financing to €53.4 million
- Gránit Asset Management expands retail park in Budakeszi
New leases
- Globalworth announced the signing of a lease agreement with B+N Integrated Facility Services, part of the international facility management company LIWO Group, which operates across nine European countries. B+N will occupy approximately 1,500 sqm of office space in Green Court D, Globalworth’s newest development in Bucharest, currently under construction in the Aurel Vlaicu area and scheduled for completion in 2027.
- 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.
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.
