ARTICLES LABELLED WITH TAG romania
18
Jan
2023
Jan
2023
Retail deliveries to hit 6-year high in Romania
Some 100,000 sqm of new retail spaces were delivered last year in Romania, of which 80% were integrated in retail parks, while new projects with a leasable area of around 230,000 sqm are expected in 2023, which would be a 6-year high, according to Cushman & Wakefield Echinox.
Read more >
18
Jan
2023
Jan
2023
Real estate demand in CEE to remain strong in the long run
Demand for renting and buying real estate should remain decent over the longer term in Romania and its neighbors, despite 2023 most likely being a bit more challenging than a regular year, according to experts of Colliers.
Read more >
18
Jan
2023
Jan
2023
Transilvania Construcții buys industrial park in Arad
Romanian developer Transilvania Construcții has purchased an industrial park in Arad from Comalim in a deal estimated at around €3.5 million.
Read more >
17
Jan
2023
Jan
2023
NEPI Rockcastle gets green loan for Ploiești Shopping City
Property group NEPI Rockcastle, the largest owner of shopping centres in Romania, has secured a green loan totalling €60 million for Ploiești Shopping City from a syndicate of banks.
Read more >
17
Jan
2023
Jan
2023
STC Partners gets funding for Bucharest resi project
Romanian developer STC Partners has secured bank financing from Banca Transilvania for the first phase of Quartier Azuga residential project in Bucharest worth €6 million.
Read more >
16
Jan
2023
Jan
2023
America House in Bucharest gets new certification
America House has become the first-Class A office building in Bucharest to obtain an Outstanding rating according to the BREEAM In-Use certification methodology, after a major investment of €10 million. The certification process was managed by BuildGreen.
Read more >
12
Jan
2023
Jan
2023
Asking prices of Romanian homes up 6% in 2022
Asking prices of homes in Romania rose by 6% year-on-year to €1.682 per sqm during 2022, while the number of property deals slightly grew last and the demand in the residential segment has started to fall, according to a report by real estate classifieds platforms Imobiliare.ro.
Read more >
12
Jan
2023
Jan
2023
Property investment in Romania reaches record of €1.25 billion in 2022
Commercial property investment in Romania totaled €1.25 billion in 2022, up 40% compared to the previous years, of which the biggest single deal was Pavăl Holding’s acquisition of CA Immo’s office portfolio for €600 million, according to real estate consultancy JLL România. Last year's result was the biggest since 2008.
Read more >
12
Jan
2023
Jan
2023
Globalworth secures financing of €160 million
Property developer and investor Globalworth has secured new funding worth €160 million from Austrian Erste Group.
Read more >
11
Jan
2023
Jan
2023
Speedwell secures financing for industrial project in Bucharest
Property developer Speedwell has secured financing from Alpha Bank Romania for SpacePlus, its first industrial development located in north-western Bucharest.
Read more >
Latest news
- Big Poland acquires Power Park Kielce retail centre
- GTC rental revenue up 8% in 2025
- Bucharest hotels see strongest CEE revenue growth in 2025
- CTP reports record Q1 leasing activity up 83%
- Czech investors shift focus to rental housing and hotels
- Kuehne+Nagel occupies 10,500 sqm facility at Business Park Prague Airport II
- Prize by Radisson opens first Polish hotel in Gdańsk
- Cross-sector collaboration drives urban planning at Tilia Summit in Iași
- Warsaw-based Mennica Towers secures €160 million refinancing deal
- Riverside International School acquires Olympus HQ in Prague
New leases
- IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
- Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
- American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.
New appointments
- 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.
- Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
- Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
